BlockSwap Network is a London-based DeFi protocol that brings fixed-income products to proof-of-stake (PoS) assets. The protocol aims to insulate users from crypto volatility and simplify traditional staking processes. BlockSwap focuses on sustainable yield solutions by leveraging PoS benefits to create more stable DeFi yield opportunities. The team plans to launch an incentivised CommunityNet to distribute 250 million tokens ahead of the BSN main net launch. Recent funding of $2.5M (about £1.8M) will be used to expand and improve its sustainable yield offering and to incentivise staking operators and PoS token holders. The company frames its mission around using staking to redistribute wealth and build a foundational user base.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2021