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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on April 12, 2021, 10:23:27 AM

Title: Nerve Finance Closes $2M Round for Binance Smart Chain Stableswap
Post by: EAA-ALLAH on April 12, 2021, 10:23:27 AM

Decentralized finance (DeFi) protocol Nerve Finance has completed a financing round from some big names in the industry. Its goal is to launch an automated market maker (AMM) on the Binance Smart Chain (BSC). In an April 12 announcement, Nerve Finance stated that it secured $2 million in funding from 3 Arrows Capital, CMS Holdings, and Alameda Research. Other contributors to the DeFi protocol included Immutable Capital and Primitive Ventures.
The team stated that its upcoming focus is to increase community governance surrounding the protocol. It will also be bringing in key community members to act as multi-signatories for the treasury and its smart contracts. Source (https://cryptonews.net/533168/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)