Oddiyana invested in RunesFi

Published on: 29.05.2024
Oddiyana invested in RunesFi

Oddiyana invested to RunesFi a one-stop infra hub on Bitcoin. Bitcoin’s Ordinals have evolved substantially with the introduction of standards like BRC-20 and its derivatives, such as SRC-20. These advancements have established Bitcoin as a key platform for diverse web activities. However, this innovation has also caused network congestion and cluttered data flow, impacting Bitcoin’s overall efficiency.

RunesFi aims to capitalize on the burgeoning DeFi ecosystem on Bitcoin, which holds a market potential of around $100 billion. Runes offers a faster, more streamlined, and efficient method for embedding data in Satoshis. Its mission is to make DeFi on Bitcoin’s secure network accessible to a wide audience, from beginners to experienced users.

The Partnership Goal

Leveraging extensive industry knowledge and experience, Oddiyana Ventures is poised to significantly contribute to RunesFi’s strategic planning, marketing efforts, and growth acceleration. In addition to providing a wide range of advisory services, Oddiyana excels in fostering partnerships and lasting alliances with key ecosystem players, including venture capitalists, launchpads, developers, and exchange platforms. Oddiyana is bullish about RunesFi due to its potential to revolutionize DeFi on Bitcoin’s secure network.

What is RunesFi?

RunesFi is at the forefront of leveraging the next revolution on the Bitcoin network through “Runes,” introduced by Casey Rodarmor. Designed to provide a secure and efficient trading experience, RunesFi supports all major Runes Protocol tokens, Ordinals, and BRC-20 tokens.

This DeFi platform, positioned on Bitcoin’s secure network, aims to make decentralized finance accessible to a wide range of users, from newcomers to seasoned experts. Offering a familiar, easy-to-use interface and a one-stop conversion feature, RunesFi stands out as the first DEX on the Runes Protocol to offer one-click trading of Runes Tokens and BRC-20 coins.

Additionally, spot trading with low fees simplifies the trading process, making it more accessible to traders of all experience levels. With a market potential of approximately $100 billion, RunesFi is poised to capitalize on the thriving DeFi ecosystem on Bitcoin.

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