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Delta One Raises $9.1 Million To Build Defi's First 'set-And-Forget' Yield Farming Protocol

Apr 19, 2022•over 3 years ago

Amount Raised

$9.1 Million

San Francisco

Description

Delta One, a Solana-based DeFi protocol, today announced it raised a $9.1 million seed round led by Alameda Research and Ship Capital, with participation from Solana Ventures, Raj Gokal, Electric Capital, AlleyCorp, Chris McCann, Joe McCann, and Alfred Chuang. The funding round will help support Delta One's core development and ecosystem growth for projects looking to integrate with the protocol.

Company Information

Company

Delta One

Location

San Francisco, California, United States

About

Delta One is a yield generation protocol on Solana that offers novel delta-neutral and impermanent loss free farming markets. Its mission is to create novel, easy-to-use DeFi primitives that democratize the best risk-adjusted yield opportunities to achieve mass adoption of crypto investing. SOURCE Delta One