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Posted on Jun 18, 2023Read on Mirror.xyz

šŸš€veDAO Financing Daily News 06/19/2023

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to veDAO financing daily!

怐1怑TapiocaDAO

Amount: $6 million

Stages: Seed round

Date: June 16

Investors: DCF GOD, LayerZero, Fisher8 Capital, Jones DAO, Magnus capital, Parcl, Dewhales Capital, Capybara Capital, PARC Capital

Category: DeFi,Lending,LayerZero Ecosystem

Description: TapiocaDAO is an omnichain money market powered by LayerZero. Its core products include Singularity, an isolated risk borrowing and lending market (based on Sushiswap's Kashi product), and Yield Box (BentoBox V2), a permissionless token vault. It also offers the ability to mint 'usd0', a decentralized overcollateralized omnichain stablecoin. Tapioca utilizes LayerZero's technology to enable cross-chain composability without the need for bridging.

Websiteļ¼šhttps://www.tapioca.xyz/

Twitterļ¼šhttps://twitter.com/tapioca_dao

About veDAO

veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV