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Lambda Finance
Lambda Finance is a protocol that allows Bitcoin holders to mint a stablecoin, BTCUSD, against their Bitcoin collateral. This enables them to access DeFi earning opportunities while maintaining their long exposure to Bitcoin. The BTCUSD stablecoin is overcollateralized and features a soft liquidation mechanism to protect user funds.
Distributed
Funding Rounds
Funding Round: Angel Round
Funding Date: 19 Apr, 2024
Raised Amount: $1.8M