DeFi protocol based on avalanches Struct Finance is working on the world's first permissionless on-chain structured product protocol.
This protocol aims to allow users to create custom interest rate products and combine them with other revenue-generating options to compose their own financial products.
Struct users can effectively build risk-tolerant investment vehicles by leveraging smart contract capabilities. As the
development work progresses, the Struct Finance team is gaining support and support from investors and the crypto community. The platform will cost $ 3.9 million from seed rounds from a consortium of venture capital firms and angel investors such as Blizzard Fund, AVentures Dao, Bison DAO, Keychain Capital, Infinity Ventures Crypto, 0xVentures and FBG Capital, to name just a few. Added capital.
The emergence of derivatives in the crypto market has slowly spawned structured products. Through design, structured financial instruments are traditional financial solutions with earning profiles, depending on the underlying performance.
Posted Using LeoFinance Beta
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