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ă1ăLitra Finance
Amount: Undisclosed
Stages: Strategic financing
Date: March 03
Investors: TokenPocket
Category: NFT, NFTFi
Description: Litra is creating deep NFT liquidity using advanced union curves and veToken models to provide NFT liquidity-as-a-service and empower NFT pricing. To address the low liquidity of the NFT market, the Litra protocol turns NFT into a standard asset, increasing its price accuracy by locking NFT into the protocol and casting the corresponding wrapped NFT (ERC-20). With automatic centralized liquidity and custom co-curve features, not only do liquidity providers reduce their erratic losses, but traders also benefit from extremely low slippage.
Website: https://litra.finance/
Twitter: https://twitter.com/litra_finance
ă2ăScroll
Amount: $50 million
Stages: Undisclosed
Date: March 06
Investors: Polychain, Sequoia China, Bain Capital Crypto, Variant Fund, Newman Capital, IOSG Ventures, Qiming Ventures, Moore Capital Management
Category: Layer2, zk
Description: Scroll is a native zkEVM Layer 2 solution for Ethernet that enables native compatibility with existing Ethernet applications and tools.Scroll processes off-chain transactions and publishes concise proofs of correctness on the chain. This results in higher throughput and lower costs compared to the Ether base layer.
Additions: $30 million in series A funding on April 21, 2022; $3 million in seed round funding in October 2021
Website: https://scroll.io/
Twitter: https://twitter.com/Scroll_ZKP
About veDAO
veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.
Website: https://app.vedao.com/
Twitter: https://twitter.com/vedao_official
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