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Lodestarfinance

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Lodestar Finance

Lodestar Finance is a decentralized borrowing and lending protocol built on the Arbitrum network. It enables users to supply digital assets to earn interest and LODE incentives, or borrow against their collateral to leverage yield or open long/short positions. The protocol also features a staking mechanism where users can stake their earned LODE tokens to receive rewards in WETH, with options to lock for additional boosts. Locked LODE stakers gain governance power to direct LODE emissions within the Lodestar markets. The platform focuses on supporting Arbitrum native assets such as ARB, MAGIC, and GMX.
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Funding Rounds

Funding Round: Grants
Funding Date: 1 Oct, 2023
Raised Amount: $616K

Investors