According to ChainCatcher, DeFi protocol Liquorice announced the completion of a $1.2 million pre-seed round of financing, led by Greenfield Capital. L2 Iterative Ventures, Polymorphic Capital, Horadrim.Capital, HASH CIB, and 1inch also participated in the investment. The financing funds will be used to develop Liquorice.
According to Web3 asset data platform RootData, Liquorice is a DeFi protocol that enables auction-based price discovery and one-sided liquidity pools. Liquorice's main mission is to provide efficient inventory management tools for professional trading companies and connect to core DeFi protocols such as 1inch and Uniswap X when using intent to settle transactions.
