{"id":214118,"date":"2021-03-30T00:12:34","date_gmt":"2021-03-29T21:12:34","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/pantera-capital-backs-liquity-protocols-6m-series-a-funding-round\/"},"modified":"2021-03-30T00:12:34","modified_gmt":"2021-03-29T21:12:34","slug":"pantera-capital-backs-liquity-protocols-6m-series-a-funding-round","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/pantera-capital-backs-liquity-protocols-6m-series-a-funding-round\/","title":{"rendered":"# Pantera Capital backs Liquity Protocol\u2019s $6M Series A funding round"},"content":{"rendered":"<p>&#8220;<strong># Pantera Capital backs Liquity Protocol\u2019s $6M <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A funding round  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYTJkYTZlMGYtMjdkNy00YTA1LTljM2YtMjJmYWI5NjIwNjhlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans.\u00a0<\/p>\n<p>The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from Nima Capital, Alameda Research, Greenfield.one and IOSG, the company announced Monday. Angel investors including Meltem Demirors, David Hoffman and Calvin Liu also contributed to the raise. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Liquity has raised $6M in Series A funding led by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PanteraCapital?ref_src=twsrc%5Etfw\">@PanteraCapital<\/a>. <\/p>\n<p>Read the full announcement here: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/OhqrKT8N9x\">https:\/\/t.co\/OhqrKT8N9x<\/a><\/p>\n<p>\u2014 Liquity (@LiquityProtocol) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LiquityProtocol\/status\/1376580352907608064?ref_src=twsrc%5Etfw\">March 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Robert Lauko, Liquity Protocol\u2019s CEO, said the new funding round \u201cwill allow us to continue pursuing Liquity\u2019s mission of improving access to on-chain borrowing, removing interest rates, and minimizing governance in DeFi.\u201d<\/p>\n<p>Incorporated in Zug, Switzerland, Liquity provides interest-free borrowing on collateralized loans backed by Ethereum (ETH). Loans are paid in LUSD, a dollar-pegged stablecoin, and require a minimum collateral ratio of 110%. <\/p>\n<p>The company says its protocol will go live on the Ethereum mainnet on April 5. <\/p>\n<p>Although some of the hype has died down, DeFi remains one of the hottest corners of the cryptocurrency market. As of Monday, more than $78 billion was locked into DeFi protocols, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/home\">according<\/a> to industry data. As Cointelegraph recently reported, Binance Smart Chain-native D<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>s are leading the sector\u2019s growth. <\/p>\n<p>DeFi lending and borrowing services are expected to grow as the cryptocurrency market expands to new highs, prompting investors to defer capital gains taxes or leverage capital for unforeseen expenses. Microstrategy CEO Michael Saylor has advocated for holding crypto assets \u2013 i.e., Bitcon \u2013 for 100 years or more and borrowing against it to finance everyday expenses.<\/p>\n<p>Lauko says the biggest issues in the DeFi lending market are that &#8220;varying interest rates and fees make DeFi lending pretty unpredictable,&#8221; which means &#8220;people are paying a high premium on fixed-interest products.&#8221; Borrowers are also willing to pay much higher interest rates to be able to borrow at a lower collateralized loan ratio.\u00a0<\/p>\n<p>&#8220;Liquity aims to solve this problem by replacing variable interest rates with a one time borrowing fee while simultaneously improving capital efficiency through a 110% minimum collateralization ratio,&#8221; he said.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/pantera-capital-backs-liquidity-protocol-s-6m-series-a-funding-round\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Pantera Capital backs Liquity Protocol\u2019s $6M Series A funding round &#8221; DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans.\u00a0 The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from&#8230;<\/p>\n","protected":false},"author":1,"featured_media":214119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYTJkYTZlMGYtMjdkNy00YTA1LTljM2YtMjJmYWI5NjIwNjhlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75239,74868,75326,80823,117,73808],"class_list":["post-214118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralized-finance","tag-defi","tag-ethereum-2-0","tag-pantera-capital","tag-business","tag-loans"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/214118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=214118"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/214118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/214119"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=214118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=214118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=214118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}