Sturdy V1

Sturdy V1

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TVL: $61K

Sturdy


Sturdy enables anyone to create a liquid money market for any token. Sturdy uses a novel two-tier architecture to isolate risk between assets while avoiding liquidity fragmentation. The base layer consists of risk-isolated pools; aggregation built on top enables lenders to select which collateral assets can be used as collateral for their deposits. Built on top are aggregators, Yearn V3 yield optimizers that distribute deposits across whitelisted silos, enabling lenders to select which collateral assets can be used as collateral against their deposits. On the backend, Sturdy's Bittensor subnet provides aggregators with allocations generated by Bittensor miners to autonomously optimize yields.

Funding Rounds

Funding Round: Seed and Strategic
Funding Date: 17 Mar, 2022
Raised Amount: $3.9M

Investors