Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Tanimariya on May 04, 2021, 05:33:07 PM
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Phase one for the project reached its 250,000 DOT token hard cap. Phase two is looking to net the remaining 750,000 DOT required to land a parachain.
Decentralized finance (DeFi) platform Equilibrium has raised around $8.5 million as part of the process to launch its suite of services on the Polkadot network.
Equilibrium, which calls itself a “DeFi conglomerate,” including lending, stablecoins and swaps, raised the funds over two rounds: $5.5 million was raised back in September and more recently, $2.5 million was raised from investors including CMS Holdings, LD Capital and Signum Capital. source (https://www.coindesk.com/defi-conglomerate-equilibrium-raises-8-5m-to-win-a-place-on-polkadot)