MOAR SECURES FUNDING TO INCREASE DEFI CAPITAL EFFICIENCY AND USABILITY
MOAR, a first-of-its-kind, derivative-aware, capital-efficient DeFi lending platform, has secured a private round from notable investors, such as Spark Digital, 3Commas, Moonwhale, Stakely, Kyros Ventures, Ruby Capital, AU21 Capital, Paribus Ventures, Ape Capital, X21, Magnus Capital, Prometeus Labs, Black Edge and more.
DeFi’s growth and challenges
The meteoric rise of decentralized finance over the past year has been extraordinary. The total value locked in DeFi is around $46 billion. Lending, a core primitive of financial infrastructure, has absorbed the most DeFi capital, with roughly $23 billion (50%) of DeFi’s TVL.
Despite its voracious pace, it’s clear that DeFi’s remarkable growth has reached a form of invisible asymptote. Challenges include inefficient capital utilization due to over-collateralization, limited use of financial derivatives well-proven by TradFi, siloed protocols, prohibitive gas costs and smart contract event risk.
MOAR
Multi-asset optimized automatic return
To address these challenges, MOAR brings the best of TradFi instruments, such as options and interest rate swaps, into the DeFi world, increasing DeFi’s capital efficiency. In addition, MOAR intends to build on the maturing cross-chain protocols and address constraints, such as high gas costs and limited asset exchange, to create a borderless lending platform.
⬇️DETAILS:
