CoinVoice has learned that Decentralized Finance project Exponent has completed a $2.1 million financing round, led by RockawayX, with participation from Solana Ventures, Cherry Ventures, Mechanism Capital, Robot Ventures, etc. The funds will be used to build Solana’s Decentralized Finance fixed Interest Rate market.
It is reported that the Exponent issuance’s time-locked Token can generate fixed income or be used for yield trading. These Tokens have expiration dates, allowing users to convert variable Decentralized Finance yields into fixed income within a set time span, or to expand the risk exposure of yield Fluctuation. [Original link]
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Decentralized Finance project Exponent completes $2.1 million financing, led by RockawayX
CoinVoice has learned that Decentralized Finance project Exponent has completed a $2.1 million financing round, led by RockawayX, with participation from Solana Ventures, Cherry Ventures, Mechanism Capital, Robot Ventures, etc. The funds will be used to build Solana’s Decentralized Finance fixed Interest Rate market.
It is reported that the Exponent issuance’s time-locked Token can generate fixed income or be used for yield trading. These Tokens have expiration dates, allowing users to convert variable Decentralized Finance yields into fixed income within a set time span, or to expand the risk exposure of yield Fluctuation. [Original link]