🚀 Helix Labs has secured $2M in pre-seed funding, valuing the company at $40M! Led by Tribe Capital and others, the funding aims to bring more liquidity from Cardano (ADA) into DeFi.
📈 Helix Labs' protocol lets ADA holders stake their tokens while still using them in DeFi, unlocking $12B in ADA liquidity. Their tech offers liquid-staked ADA tokens, usable across various DeFi platforms.
Key Products:
- Helix Vault: Integrates staking protocols.
- UniRollup L2: Facilitates ADA interaction with DeFi.
- OmniVM AVS: Supports new Layer-3 projects.
What do you think about this innovation? Comment below! 💬