Shorter Finance, a decentralized crypto infrastructure working on multiple blockchains at once, has raised $4 million in a round led by IDG Capital, with participation from Circle Ventures, Hedgue Fund, Halls Investment, NFV and others.
Using Shorter, users are able to stake up to one token in the protocol in one go and absorb interest earned by the auto-run procedure. Those who stake their coins can deposit their idle tokens directly for revenue without having to sacrifice their altcoin for a stablecoin. Blockchain-based…
Market capitalization of the crypto industry fell down the stairs gravely, sticking “rock bottom” of 2019’s price levels. Intellectual analysts and investors believe that the crypto industry is at a nascent stage in the long run, the DeFi market is enveloped by a bearish atmosphere somewhat.
Shorter Finance has launched the Rinkeby test as a response to the market downturn, and several star Web3 developers have been contributing to this unique project for months.
After two digitals of months shipping Shorter Finance, Marc can still vividly recall his first AAVE inner meeting. He sat beside Stani, one of the founders who exuded energy and determination. The roo