🎉Good news! HashKey Capital has become a founding member of SOFA.org! SOFA.org is an open-source, non-profit decentralized autonomous organization (DAO) whose goal is to develop a decentralized finance (DeFi) ecosystem to achieve atomic, blockchain-based settlement of financial assets. 🚀
The addition of HashKey Capital will provide strong support to SOFA.org to help them develop infrastructure to improve yield generation and capital efficiency in the CeFi and DeFi fields. This is an important boost to blockchain technology and an important contribution to the DeFi ecosystem. 👏
SOFA.org's first protocol mainnet was launched on June 7, with the goal of providing a transparent, request-for-quote (RFQ)-based crypto structured product market. In just 11 days of launch, the TVL of the SOFA.org protocol has reached $17 million and generated $27 million in rUSDT on the Arbitrum chain, accounting for more than 10% of its USDT reserve pool. This is exciting news, let us look forward to more breakthroughs from SOFA.org! 🎉