5 Unique and Innovative DeFi Projects to Watch During Dip
6 hours ago by Julia Sakovich · 4 min read
Photo: Coinspeaker
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DeFi continues to gain momentum as more in and outside the crypto world understand its immense potential. Take a look at some of the most promising DeFi projects.
While Elon Musk and Dogecoin have seemed to dominate crypto headlines lately, for some, decentralized finance continues to prove popular and becomes an even more attractive opportunity to invest as the market is bleeding.
DApp Radar revealed in mid-May how Polygon, a top platform for scaling and development on Ethereum, grew by 75,000 users over the past week. Investment into the DeFi field continues even as unique projects keep entering the scene that force investors to engage with new technological areas.
Don-Key Collects $2.2M in Private Funding for Social Yield Farming Platform
Reading Time: 2min read
Don-key.finance, a DeFi yield farming aggregator, recently announced the completion of its first private funding, collecting $2.2 million in total from renowned venture capital firms. The financing round saw participation by investors such as Genesis Block, MarketAcross, Black Edge Capital, AU21, Spark Digital, Solidity Ventures, MoonWhale, and Morningstar Ventures.
The funds will be used to develop an eToro-like social platform that will bring liquidity providers and yield farmers together. By doing so, Don-Key connects investors around the world to make the experience of trading and investing in DeFi less opaque and more inclusive.