CoinVoice has recently learned that the Bitcoin re-staking protocol Echo Protocol has completed its Pre-seed round of financing, led by The Spartan Group, with participation from ABCDE, Maelstrom, Selini Capital, Presto, Sats Ventures, Web3Port and others.
Echo Protocol said that only WL members can stake BTC in Echoâs first public vault, ifykyk, which opened on October 28.
It is reported that Echo Protocol is the first Bitcoin liquidity re-pledge and yield protocol on MoveVM, aiming to bring BTC liquidity and re-pledge solutions into the Move ecosystem. [Original link]
