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Carapace
Decentralized protection against default risk in crypto loans.
Distributed
Description
Carapace is redefining the future of credit investing by introducing on-chain protection markets, allowing users to earn yields by providing capital for credit default risks in under-collateralized loans. This innovative approach offers a way to earn risk-adjusted yields through protected loans, accelerating the transition to decentralized finance by reimagining credit management.Grant Funding
VC Funding
None
2022
$0
$2.5M