ammalgam

According to market news, the decentralized lending trading protocol Ammalgam has officially launched its mainnet, integrating lending, market making, and trading into a comprehensive on-chain liquidity system that supports the reuse of funds across different strategies to enhance LP capital efficiency.The project previously completed a $2.5 million seed round of financing, with investors including Lightspeed Faction, Framework Ventures, and others. Ammalgam has abandoned external oracles and instead directly utilizes on-chain executable liquidity pricing and risk control to reduce the risks of price manipulation and oracle failure. It has simultaneously launched a strategy Vault based on Lagoon Finance infrastructure, allowing users to deposit assets such as USDC, ETH, and BTC into Vaults vetted by curators, obtaining ERC-7540 share certificates to passively participate in complex DeFi strategies like leverage and rebalancing, with redemptions executed according to the announced settlement windows and fees.

ChainCatcher news, ChainCatcher news, the decentralized lending exchange (DLEX) Ammalgam announced the completion of a $2.5 million seed round financing led by Lightspeed Faction and Framework Ventures, with participation from Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, Blockchain Founders Fund, as well as angel investors such as Kain Warwick, Anton Bukov, Spencer Noon, and Jordi Alexander.It is reported that the new funds will be used to drive the growth and development of the protocol, including expanding the core talent team and product development.

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)