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dAMM Finance - Undisclosed
Overview
Funding Date
September 27, 2022
Financing amount
$2M
Valuation
--
Catagory
Subcategory
About dAMM Finance - Undisclosed
Institutional DeFi lending platform dAMM Finance has completed a private token sale round of $2 million, the company has announced. Participants in the round include Prismatic, WOO Network, LedgerPrime, Fischer8, Concave, Berachain and System 9, Inc.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Corporate | -- | -- | 2 | -- | ||
Corporate | -- | -- | 8 | -- | ||
Fund | United States of America | 2017 | 54 | labs@ledgerprime.com | ||
Fund | Unknown | -- | 1 | -- | ||
Corporate | Unknown | -- | 4 | -- | ||
Corporate | Cayman Is. | -- | 1 | -- | ||
Corporate | United States of America | -- | 1 | -- |
Company Profile / Project Introduction
dAMM is a lending and borrowing protocol for pooling assets and lending directly to top tier institutional borrowers. Interest rates algorithmically determined by supply and demand allow access to under-collateralized loans for borrowers and high yields for liquidity providers.