2TOP Money

We are happy to announce our new section 2TOP Money.

We will post the most interesting projects that have raised investments from top funds, venture capitalists, business angels. 

 

Superfluid raised $ 9 million

https://superfluid.finance

Multicoin Capital has taken a leading position with the participation of Semantic Ventures, MMC Ventures, DeFi Alliance, Divergence Ventures, Fabric Ventures, Defiance Capital, Delphi Digital, Stani Kulechov, Balaji Srinivasan, MetaCartel Ventures, Do Kwon, Ryan Selkis.

Superfluid is a money streaming protocol that computerizes repetitive transactions.

It is currently available on the xDAI and Matic (Polygon) mainnet as well as the Ethereum test net.

What can you do with Superfluid?

Generate cash flow in a single transaction using an ERC20 based token standard called "Supertoken".

For example, a user wants to donate to several open source projects regularly. In this case, we use Superfluid to convert DAI to Supertoken called "Super DAI". This is the same as the reverse ETH - WETH.

With the Supertoken, we can regularly send funds to several recipients in a single transaction. This is called a stream because it can be transmitted continuously in real-time. And when the flow starts, the sender's balance starts to decrease gradually, and the receiver's balance starts to increase gradually.

Since only one transaction is needed, no additional steps or gas costs are required.

Thereby we can launch new subscription services on our network, pay from DAO to DAO or add collateral in accordance with the terms of the DeFi protocol. 

Usage in DAO

It is believed that the top requested moment in the future will be the payment of regular awards in the DAO: regular payments to members used for partnerships with the DAO. 

 

 

Tempus Closes$ 1.9 Million Seed Round

https://tempus.finance/

Tempus has raised $ 1.9 million from companies such as Lemniscap and Divergence Ventures. It also received a grant from LEGO (Lido Ecosystem Grants Organization).

Tempus is developing a secondary market for trading the "yield" generated by betting (wagering) / landing / providing liquidity.

Use cases:

  1. profitability of farming at a fixed rate;
  2. profitability of farming using leverage;
  3. speculation on short-term or long-term fluctuations in interest rates or yields;
  4. receiving commissions for a swap as a liquidity provider (in addition to the profits generated by the farming protocols). 

BitDAO and the role of ByBit

https://www.bitdao.io/

When BitDAO raised $ 230 million from the Peter Thiel Foundation and others, there was not much information, but now the documentation is available.

Also, Bybit began funding BitDAO as was planned.

Thus, Bybit will provide BitDAO with $ 800 million / year.

BitDAO will have a token called BIT.

Supply BIT is fixed at 10 billion tokens.

The distribution is the following: 

  • 30% owned by DAO Treasury to promote ecosystem and swaps;
  • 5% for Private Sale;
  • 5% is given as a reward to launch partners;
  • 15% applies to Bybit;
  • 45% - Lock Bybit (lock for 1 year, then linear distribution for 2 years)

In other words, 60% will be allocated to Bybit, but it will be used to create an R&D center to support BitDAO.

It also states: "Private sales and partner launches are still pending, so the unfilled portion will be used to lock Bybit."

Distribution illustrates that it's a Bybit driven DAO. In some sense, this can be considered as an exit strategy for a company issuing management tokens instead of exchange ones. 

Shipyard Software developer raised $ 21 Million For Its Clipper DEX Exchange

https://clipper.exchange/

Shipyard Software developer raised $ 4 million from Polychain, 0x, 1inch, DeFi Alliance, Quantstamp and others. Moreover, Nascent, Three Arrows Capital and others have pledged to provide a total of $ 17 million in liquidity.

This company is developing a DEX called Clipper.

Clipper targets small and medium traders, not whales, and guarantees low commissions and best prices for exchanges under $ 10K.

According to the information on the website, management tokens will be issued, and they are planning airdrops. They also attract liquidity providers for the community pool. 

ClayStack's liquidity staking protocol raised $ 5.2 million.

https://claystack.com/

ClayStack's liquidity staking protocol raised $ 5.2 million.

Seed round: CoinFund, ParaFi Capital, Coinbase Ventures, Solana Foundation, Animoca Brands and others participated in the funding of future $ SAFT tokens.

The launch is scheduled for September.

Like other projects, for example, Lido, ClayStack issues liquid synthetic tokens.

ClayStack will support such liquid staking when launched with MATIC, The Graph (GRT) and other tokens such as Near (NEAR) and Solana (SOL) in the future.

To provide liquidity under the ClayStack protocol, they plan using CLAY tokens as an incentive to obtain liquidity.

Connext Raises $ 12M from ConsenSys and 1kx

Connext raised another $ 12 million.

ConsenSys Mesh and 1kx lead the way with Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed and more. Jinglan Wang from Optimism and Andre Cronier from Yearn are also involved as angels.

Connext allows liquidity providers to fund pools on two different chains, allowing users to move between chains quickly.

Since L1 and L2 entered into the picture, there are concerns that apps and liquidity will not function properly, but Connext is trying to address this issue.

 

Phantom Wallet is raising $ 9M in Series A

https://phantom.app/

The Phantom wallet, which is primarily supported by Solana, raised $ 9 million.

The round was closed by a16z, with the participation of Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation.

In the future, Phantom plans to expand to Ethereum and its L2.

It is also considering the possibilities of Polygon, Arbitrum, Optimism.

A business model using the staking function and NFT is also discussed. 

 

Saber has raised $ 7.7M

https://saber.so/

Saber can easily scale and add even more assets to the platform thanks to the new capital inflow.

Seed round was closed by Social Capital, Prump Capital, Multicoin Capital and Solana Foundation, including the angels Tristan Yver, Jason Lau, Julien Bouteloup, Jeff Kuan.

In terms of platform expansion, Saber currently supports assets from Ethereum, Terra, Solana, and Bitcoin Blockchain, as well as Polygon and CELO.

SABER is the third-largest decentralized application on Solana in terms of TVL. According to the Defillama TVL aggregator, the Saber platform is more than $ 170 million. 

The Valora mobile wallet, created for use on the CELO network, raised $ 20 million from Andreessen Horowitz and other investors.

https://valoraapp.com/

The wallet project itself was created as an internal cLabs project. The raised capital will allow Valora to become a more autonomous project.

Other investors also took part in the round: PolyChain Capital, SV Angel, Nima Capital, NFX and Valor Capital.

It all started when a16z strategically supported the CELO blockchain project. Valora announced fundraising at the very nonce. Was it a coincidence?

CELO focuses on stablecoin payments and is primarily focused on the mobile format.

DOUBLE TOP | Website | YouTube | Chat | Services



2TOP Money

We are happy to announce our new section 2TOP Money.

We will post the most interesting projects that have raised investments from top funds, venture capitalists, business angels. 

 

Superfluid raised $ 9 million

https://superfluid.finance

Multicoin Capital has taken a leading position with the participation of Semantic Ventures, MMC Ventures, DeFi Alliance, Divergence Ventures, Fabric Ventures, Defiance Capital, Delphi Digital, Stani Kulechov, Balaji Srinivasan, MetaCartel Ventures, Do Kwon, Ryan Selkis.

Superfluid is a money streaming protocol that computerizes repetitive transactions.

It is currently available on the xDAI and Matic (Polygon) mainnet as well as the Ethereum test net.

What can you do with Superfluid?

Generate cash flow in a single transaction using an ERC20 based token standard called "Supertoken".

For example, a user wants to donate to several open source projects regularly. In this case, we use Superfluid to convert DAI to Supertoken called "Super DAI". This is the same as the reverse ETH - WETH.

With the Supertoken, we can regularly send funds to several recipients in a single transaction. This is called a stream because it can be transmitted continuously in real-time. And when the flow starts, the sender's balance starts to decrease gradually, and the receiver's balance starts to increase gradually.

Since only one transaction is needed, no additional steps or gas costs are required.

Thereby we can launch new subscription services on our network, pay from DAO to DAO or add collateral in accordance with the terms of the DeFi protocol. 

Usage in DAO

It is believed that the top requested moment in the future will be the payment of regular awards in the DAO: regular payments to members used for partnerships with the DAO. 

 

 

Tempus Closes$ 1.9 Million Seed Round

https://tempus.finance/

Tempus has raised $ 1.9 million from companies such as Lemniscap and Divergence Ventures. It also received a grant from LEGO (Lido Ecosystem Grants Organization).

Tempus is developing a secondary market for trading the "yield" generated by betting (wagering) / landing / providing liquidity.

Use cases:

  1. profitability of farming at a fixed rate;
  2. profitability of farming using leverage;
  3. speculation on short-term or long-term fluctuations in interest rates or yields;
  4. receiving commissions for a swap as a liquidity provider (in addition to the profits generated by the farming protocols). 

BitDAO and the role of ByBit

https://www.bitdao.io/

When BitDAO raised $ 230 million from the Peter Thiel Foundation and others, there was not much information, but now the documentation is available.

Also, Bybit began funding BitDAO as was planned.

Thus, Bybit will provide BitDAO with $ 800 million / year.

BitDAO will have a token called BIT.

Supply BIT is fixed at 10 billion tokens.

The distribution is the following: 

  • 30% owned by DAO Treasury to promote ecosystem and swaps;
  • 5% for Private Sale;
  • 5% is given as a reward to launch partners;
  • 15% applies to Bybit;
  • 45% - Lock Bybit (lock for 1 year, then linear distribution for 2 years)

In other words, 60% will be allocated to Bybit, but it will be used to create an R&D center to support BitDAO.

It also states: "Private sales and partner launches are still pending, so the unfilled portion will be used to lock Bybit."

Distribution illustrates that it's a Bybit driven DAO. In some sense, this can be considered as an exit strategy for a company issuing management tokens instead of exchange ones. 

Shipyard Software developer raised $ 21 Million For Its Clipper DEX Exchange

https://clipper.exchange/

Shipyard Software developer raised $ 4 million from Polychain, 0x, 1inch, DeFi Alliance, Quantstamp and others. Moreover, Nascent, Three Arrows Capital and others have pledged to provide a total of $ 17 million in liquidity.

This company is developing a DEX called Clipper.

Clipper targets small and medium traders, not whales, and guarantees low commissions and best prices for exchanges under $ 10K.

According to the information on the website, management tokens will be issued, and they are planning airdrops. They also attract liquidity providers for the community pool. 

ClayStack's liquidity staking protocol raised $ 5.2 million.

https://claystack.com/

ClayStack's liquidity staking protocol raised $ 5.2 million.

Seed round: CoinFund, ParaFi Capital, Coinbase Ventures, Solana Foundation, Animoca Brands and others participated in the funding of future $ SAFT tokens.

The launch is scheduled for September.

Like other projects, for example, Lido, ClayStack issues liquid synthetic tokens.

ClayStack will support such liquid staking when launched with MATIC, The Graph (GRT) and other tokens such as Near (NEAR) and Solana (SOL) in the future.

To provide liquidity under the ClayStack protocol, they plan using CLAY tokens as an incentive to obtain liquidity.

Connext Raises $ 12M from ConsenSys and 1kx

Connext raised another $ 12 million.

ConsenSys Mesh and 1kx lead the way with Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed and more. Jinglan Wang from Optimism and Andre Cronier from Yearn are also involved as angels.

Connext allows liquidity providers to fund pools on two different chains, allowing users to move between chains quickly.

Since L1 and L2 entered into the picture, there are concerns that apps and liquidity will not function properly, but Connext is trying to address this issue.

 

Phantom Wallet is raising $ 9M in Series A

https://phantom.app/

The Phantom wallet, which is primarily supported by Solana, raised $ 9 million.

The round was closed by a16z, with the participation of Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation.

In the future, Phantom plans to expand to Ethereum and its L2.

It is also considering the possibilities of Polygon, Arbitrum, Optimism.

A business model using the staking function and NFT is also discussed. 

 

Saber has raised $ 7.7M

https://saber.so/

Saber can easily scale and add even more assets to the platform thanks to the new capital inflow.

Seed round was closed by Social Capital, Prump Capital, Multicoin Capital and Solana Foundation, including the angels Tristan Yver, Jason Lau, Julien Bouteloup, Jeff Kuan.

In terms of platform expansion, Saber currently supports assets from Ethereum, Terra, Solana, and Bitcoin Blockchain, as well as Polygon and CELO.

SABER is the third-largest decentralized application on Solana in terms of TVL. According to the Defillama TVL aggregator, the Saber platform is more than $ 170 million. 

The Valora mobile wallet, created for use on the CELO network, raised $ 20 million from Andreessen Horowitz and other investors.

https://valoraapp.com/

The wallet project itself was created as an internal cLabs project. The raised capital will allow Valora to become a more autonomous project.

Other investors also took part in the round: PolyChain Capital, SV Angel, Nima Capital, NFX and Valor Capital.

It all started when a16z strategically supported the CELO blockchain project. Valora announced fundraising at the very nonce. Was it a coincidence?

CELO focuses on stablecoin payments and is primarily focused on the mobile format.

DOUBLE TOP | Website | YouTube | Chat | Services