Singapore, Singapore (Newsfile Corp. - May 6, 2022) - A parallel universe that turns Flat Assets into Sharp Assets, Duet Protocol is now listed on DeFi Lama, the largest TVL aggregator for DeFi. DeFi
Wednesday, 12 May 2021, 7:06 am
SINGAPORE, May 12, 2021 - (ACN Newswire) - On 9th May
2021, Duet Protocol announced the closure of US$3 million in
the first round of investment.
Duet
identifies itself as the world s first multi-chain synthetic
asset protocol with a hybrid mechanism of
over-collateralization and algorithm
stabilization.
The first-round investment was led by
OmniLAB, DraperDragon, Everest Ventures Group, One Block
Capital, Moonwhale Ventures, Dutch Crypto Investors, LD
Capital, Zonff Partners, Cabin VC, ArkStream Capital,
individual investors include cofounder of BIT Digital Inc
(NASDAQ: BTBT) and the partners of A&T
Capital.
OmniLAB is the investment fund that backed
the world s first stablecoin (on OmniLayer) circulation