DeFi strategy protocol Ammalgam announces the completion of a $750,000 pre-seed funding round

ChainCatcher news, the DeFi strategy protocol Ammalgam announced the completion of a $750,000 Pre-seed funding round in the third quarter of 2022, with participation from Synthetix founder Kain Warwick, Compound founder Robert Leshner, Anton, Sergej, Mikhail, Tarun Chitra, Santiago R Santos, Bodhi Ventures, BootNode, Marin Ventures, Kevin Zhou, Factor, Zeal Capital, and others.

It is reported that Ammalgam releases more DeFi functionalities by merging lending and trading into a single protocol. This combination constitutes a source of yield, while enhancing capital efficiency and unlocking infinite strategies for market makers. (Source link)