The DeFi protocol Davos Protocol has received investment from MH Ventures and LD Capital

ChainCatcher news, DeFi protocol [Davos](https://www.rootdata.com/zh/Projects/detail/Davos Protocol?k=NjQ5MA==) Protocol announced on Twitter that it has received investments from MH Ventures and LD Capital.

According to the official website, Davos Protocol utilizes liquid staking and over-collateralization to ensure stability, aiming to solve the problem of locked liquidity in a sustainable manner. Its monetary policy adjusts the price stability of the stable asset DAVOS and rewards liquidity providers with stable yields and a fair income distribution system.

According to RootData, Davos completed a $500,000 pre-seed round of financing earlier this year, with participation from Polygon Ventures and Polygon co-founder Sandeep Nailwal. (Source link)