According to BlockBeats, Sun Protocol announced the completion of its first seed round funding on July 1. The funding round saw participation from Moore Foundation and DFG. The funds raised will be used for liquidity capital and to aid developers in building the Sun Protocol ecosystem.
Sun Protocol brings together the main technological architecture of Web3 and dapp on the same network. Users can fully experience all Web3 behaviors under the Sun Protocol framework. The main products include Swap, NFT, Pledge, Lending, Cross-chain, Inscription, Lightning Network, and ID.