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Waterfall DeFi, a risk-diversifying DeFi agreement, has completed a $2 million seed round of financing

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The investments will be used to further develop, deploy and market Waterfall DeFi, turning it into a DeFi protocol that can diversify risk and help users better optimize their mining revenue strategies.

Waterfall DeFi has secured strategic financing from well-known investors in the digital assets and blockchain sector, Led by GBV Capital, Divergence Ventures and Ascensive Assets.

These investments will be used to fund the further development, deployment and marketing of Waterfall DeFi, turning it into a DeFi protocol that can diversify risk and help users better optimize their mining revenue strategies.

Waterfall DeFi's $2 million financing was led by GBV Capital, Divergence Ventures and Ascensive Assets, AscendEX, RoK Capital, Boxmining, Genblock Capital, Marshland Capital, Morningstar Ventures, One Block Capital, Portico Ventures and Synaps are involved. Prominent angel investors include Leo Cheng, founder of C.R.E.A.M. Finance, Kevin Tai, co-founder of Linear Finance, and Xinshu Dong, partner at IOSG Ventures.

Waterfall DeFi is the first DeFi protocol that truly diversifies and diversifies risk, allowing users to carefully optimize their mining revenue strategy by adjusting different "levels" of their portfolio. The protocol will first be launched on binance Smart Chain (BSC). "Grading is essentially aggregation and redistribution based on different levels of yield risk," says Waterfall DeFi founder 0xWaterfall, who has worked in the structured products division of top financial institutions for more than 10 years.

"We are already looking at a variety of DeFi revenue products with different risk profiles, but as we go further, we are trying to find a way to really leverage our risk appetite and further optimize our mining revenue strategy," said Tom Cheng, project leader at Waterfall DeFi.

"We want to make it easy for our users to choose one product after another, balancing risk against benefit. Unlike other products on the market, Waterfall DeFi will use its product to allocate capital to multiple income mining or crypto assets, thereby truly achieving the risk diversification nature of structured products, And democratize in DeFi. Waterfall DeFi aims to be the platform of choice to provide such solutions to the DeFi community.

Our core team consists of professionals with years of experience in traditional finance, blockchain and crypto trading, who not only have DeFi expertise but also bring traditional financial market experience, especially in structured finance products, to the product."

C.R.E.A.M. co-founder and program leader Leo Cheng said, "I am delighted to support Waterfall DeFi with a fantastic group of early backers. The team's experience in blockchain and financial markets and their efficient execution will enable them to quickly bring innovative products to market. Senior structured finance products are an area where DeFi is developing, I expect Waterfall to rise as the leader in this area."