June 24, 2021

Multicoin Capital leads $1.15 M seed round in rates of interest derivatives protocol Swivel Finance

1 min read
<p>Multicoin Capital, a blockchain and crypto financial investment firm, today revealed it has actually led a $1.15 million seed round in Swivel Finance, a new decentralized procedure that enables fixed-rate lending and interest-rate derivatives. Swivel aims to make crypto more stable, available, and financially appealing to millions of users all over the world. Read more about the protocol […] <p>CryptoNinjas" Multicoin Capital leads $1.15 M seed round in rates of interest derivatives procedure Swivel Finance</p>

Make Interest – – – – Earn ensured a set interest on your principal, or leveraged interest on the marketplace rate on protocols like Compound and Aave.

Submit Your Order – – – – Submit the order at your desired rate, or location a market order to come from a loaning arrangement with a counterparty quickly.

Multicoin Capital, a blockchain and crypto investment firm, today revealed it has actually led a $1.15 million seed round in Swivel Finance, a brand-new decentralized protocol that makes it possible for fixed-rate financing and interest-rate derivatives. Swivel means to make crypto more stable, offered, and economically appealing to countless users worldwide. Find out more about the procedure in their main whitepaper.
How Swivel Works

Swivel products fixed rates utilizing the versatile, global, 24/7, permissionless DeFi rails that users desire. Swivel develops a brand-new opportunity in DeFi. Take advantage of will assist bootstrap this nascent market, and aid Swivel catalyze interest-rate derivatives in crypto.
CryptoNinjas” Multicoin Capital leads $1.15 M seed round in interest rates derivatives protocol Swivel Finance

Multicoin Capital, a blockchain and crypto financial investment company, today exposed it has actually led a $1.15 million seed round in Swivel Finance, a new decentralized protocol that makes it possible for fixed-rate funding and interest-rate derivatives. Swivel intends to make crypto more stable, readily available, and economically appealing to many users worldwide. Take advantage of will assist bootstrap this nascent market, and aid Swivel catalyze interest-rate derivatives in crypto.