DeFi Projects Continues to Successfully Attract large Investments

DePlutus Protocol Receives $ 1 Million In Seed Investment

DePlutus gained $ 1 million of initial investment from Bixin Ventures and several other companies. DePlutus was presented by developers as a next step protocol for asset management. This conference was also attended by executives of Wall Street Goldman Sachs and other valuable business profiles.

The DePlutus protocol represents the next generation of DeFi Asset Management Protocol based on intra-chain transactions, and is the only protocol in the industry to implement the DF Token feature, stated by the report.

DePlutus is committed to building cutting-edge infrastructure in asset management and ushering in an age of everyone-owned network funds. DePlutus passed the SlowMist code audit and deployed the product line on the main Ethernet.

Duet’s multi-chain synthetic asset protocol published Whitepaper v 1.1

According to official news, Duet, a multi-chain synthetic asset protocol, has announced the release of its 1.1 Whitepaper. Earlier Duet announced the completion of the Pre-Seed funding round. The investment was led by the OmniLAB fund. The amount of funding was not disclosed.

OmniLAB is the company behind OmniLayer, a layer 2 bitcoin protocol designed to build a sustainable ecosystem around blockchain projects. Duet is reported to be a multi-chain synthetic asset protocol based on algorithmic hybrid mortgages that supports the migration of traditional assets to fast-growing crypto assets.

Such a background enticed the confidence of investors, which made it possible to attract the necessary amount of investments for the project.