Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January. Source link … [Read more...] about Saddle Raises $7.5M to Reduce Slippage in DeFi Trading
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DAOs in court? Curve Finance ponders enforcing license over rival Saddle
Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week in earnings to … [Read more...] about DAOs in court? Curve Finance ponders enforcing license over rival Saddle