DeFi protocol Unstable Protocol completes US$2.5 million in financing

DeFi protocol Unstable Protocol announced the completion of US$2.5 million in financing from Lattice, Laser Digital (the digital asset subsidiary of Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital and NxGen, as well as many Angel investors participated. Unstable Protocol mainly supports users to re-pledge ETH, allowing users to utilize liquidity to pledge and re-pledge tokens to achieve innovative income strategies. It is reported that its lending protocol engine is supported by a zkSNARK-based validator and EigenLayer AVS balance proof.

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