DeFi Vee.Finance lending platform has completed the roundtable, led by Huobi Ventures and AVATAR, now in beta testing, Airdrop soon!

Vee.Finance announced the completion of a multi-million dollar funding round led by the Huobi Ventures Blockchain Fund and the Avalanche Asia Eco Fund AVATAR, along with other large public blockchain funds participating as well. In particular, Eduardo Tobon, the former president of Diners Club, also participated in this round table as an individual investor. According to Vee.Finance, this fundraising is mainly used to expand the team and increase the platform’s ability to grow the business.

Vee.Finance is a DeFi lending platform for traditional finance and crypto users, and is dedicated to bridging the gap between traditional finance and DeFi by providing users with better digital asset management services. Users can participate in deposits, loans, and long and short positions. On the deposit side, the threshold allowing traditional financial users to participate in DeFi is lowered thanks to a more user-friendly product experience; on the lending side, with the addition of options for DEX and the first-of-its-kind leveraged trading feature, capital efficiency has been dramatically improved.

Now, Vee.Finance is open for public testing and an airdrop for the VEE token will be launched soon. Here is how to use it:

In addition, the Vee.Finance team will also launch a “Bug Bounty Program” to reward users who provide valuable suggestions and feedback.

Bridging the gap between traditional finance and DeFi

In traditional financial markets, due to its maturity and abundant liquidity, deposit interest rates are close to 0% or maybe even a negative percentage for some developed economies. This has big variances with the high returns of DeFi applications due to the high demand for funds in the DeFi ecosystem.

Vee.Finance focuses on introducing the high liquidity of the traditional market into DeFi markets, so that traditional users can enjoy higher returns without risk, while allowing DeFi users to obtain a more favorable source of funds. .

Optimizing the efficiency of cryptocurrency asset allocation

Vee.Finance improves the efficiency of asset allocation by connecting to decentralized exchanges (DEX) within the ecosystem and making loans available for direct investment.

As the Vee.Finance team mentioned, “The mission of the project is to lower the threshold for traditional users to participate in DeFi and optimize the efficiency of global asset allocation. On the Vee.Finance platform, users can not only deposit assets to earn interest, but they can also borrow funds to participate in new investments and transactions, optimizing asset utilization while providing liquidity. in capital.

About Vee Finance

Vee Finance is a DeFi lending platform for traditional funded and crypto users. They are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Users can participate in deposits, loans, long and short positions, and other functions. The project’s mission is to reduce barriers for traditional users to participate in DeFi and to optimize the efficiency of global asset allocation.

Website | Twitter | Discord | GitHub | Telegram | LinkedIn |

About Huobi Ventures

Huobi Ventures is committed to further expanding the boundaries of Huobi’s investment and M&A initiatives. With a focus on emerging areas of future importance such as DeFi or NFT, Huobi Ventures plans to further accelerate the development of the blockchain industry through global expansion and reap the ecological benefits of upstream investments. and downstream in industry.

Huobi Ventures Blockchain Fund, as one of the key funds of Huobi Ventures, is committed to providing long-term support to help the assets of the Huobi Group to become the industry leader. Direct crypto investments are the main service and in addition, the incubation of projects. At the same time, the fund creates an asset pool for our asset center in order to capture high-quality global projects and lay the foundation for the future of our asset center.

About Avalanche

Avalanche is an open source platform for launching decentralized applications and enterprise blockchain deployments in an interoperable and highly scalable ecosystem. Avalanche is the first decentralized smart contract platform designed for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly rely on Avalanche because Solidity works out of the box.

Website | White papers | Twitter | Discord | GitHub | Documentation | Forum | Avalanche-X | Telegram | Clubhouse | Facebook | LinkedIn | Reddit | Youtube

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