• zkLend

  Participated · Seed · Mar 2022

  zkLend is an L2 money-market protocol built on StarkNet that combines zk-rollup scalability with Ethereum security. The team plans a dual-product approach: Artemis, a permissionless lending offering slated for Q3 2022, and Apollo, a permissioned KYC/AML solution expected to launch early next year. The protocol adopts an ouroboros incentive model and highlights features such as double-sided borrowing and collateralisation factors, protocol-to-protocol lending, and variable liquidation fees. zkLend’s native token, ZEND, will enable staking for governance, booster rewards, and claims on interest income earned by pools. The team cites experience across traditional finance, fintech, exchanges and leading DeFi protocols and intends to serve both retail DeFi users and whitelisted institutional clients. The company announced a $5M seed round to fund the product launches and expand the team across technology, marketing and business development.

• Wombat Exchange

  Participated · Series A · Mar 2022

  Wombat Exchange is a Hong Kong-based, BNB-native multichain stableswap backed by Binance that aims to re-engineer the stableswap experience with an innovative algorithm design. The protocol emphasizes greater capital efficiency, accessibility, and scalability across multiple chains. Its core product is a hyper-efficient multichain stableswap designed to accelerate DeFi growth by improving liquidity and capital utilization. The company plans to use new capital to accelerate product development and geographic and protocol expansion. Wombat reported a valuation increase to $70M following this raise and a prior seed round led by Binance Labs in November 2021. The team frames its vision around pushing DeFi boundaries in a multichain world.

No current team members are available.