BeraChain ecological automation leverage agreement Origami Finance completes $1.50 million seed round financing
2024-08-27 01:39:16
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On August 27th, Origami Finance, an automated leverage agreement, announced the completion of a $1.50 million seed round of financing on the X platform. Ouroboros Capital, Fjord Foundry, Good Partners, Upside, BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, Smokey The Bera, janitooor.eth, etc. The relevant valuation information has not been disclosed yet. The new funds will be used to build its automatic leverage agreement launched on Ethereum and BeraChain. It is reported that the agreement supports integration with third-party lending services, enabling automated folding income token (YBT) exposure, thereby improving capital efficiency and reducing liquidation and bad debt risk.
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