๐ Tenor Finance has just secured $2.50M in its latest funding round! ๐
๐นAbout: Tenor Finance is a DeFi protocol designed to facilitate fixed-rate lending and borrowing within the on-chain economy. Built on top of existing money markets, Tenor employs a modular architecture that enhances capital efficiency and composability. Its innovative interest rate Automated Market Makers (AMMs) allow users to set and match fixed-rate lending and borrowing orders with precision, minimizing slippage and maximizing liquidity. The protocol is non-custodial and self-executing, ensuring transparency and security through audited smart contracts. Tenor's governance-minimized approach inherits risk parameters from underlying money markets, simplifying market listings and reducing overhead. Users can seamlessly transition between fixed and variable rates at maturity, offering a flexible and user-friendly experience. By integrating with platforms like Uniswap V4, Tenor enables direct lending and borrowing through familiar interfaces. The protocol's design supports permissionless market creation, empowering developers, DAOs, and curators to build scalable financial solutions.๐๐
๐น Lead Investors: Coinbase Ventures, Lattice, Deadalus, Cherry Ventures, Re7 Capital and many more.
๐น Total Raised: $2.50M.
๐น Project Category: DeFi, Yield Farming, Lending.
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#TenorLabs #DeFi: #LendingPlatform #YieldFarming #defi $UNI
