The crypto world continues developing and expanding its reach through a strategic partnership with venture capitalists across the space. This time, Alf protocol partnered with various VCs to drive the future development of the protocol.
In terms of technology, the Alf network is a protocol for capital deployment on Solana’s liquidity provision and yield farming both with and without a margin of up to 200x. The Alf protocol’s way of enabling the liquidity providers to make easy money also allows them to increase the value of the entire network.
The venture capitalists invested in the network include ZenCapital, DustVentures, DibVentures, and Scorpio. These private investors will back the Alf protocol on its journey in the crypto industry.
Meanwhile, the VC’s that supported the Alf protocol are all unique in their own ways. First, Zen Capital, focuses on decentralized finance, metaverses, and blockchain-powered gaming. Second, Dust Ventures, a venture capital firm that invests in cryptocurrency startups and promising projects.
Third, Dib Ventures, is an investment firm exclusively for blockchain technology and the digital currency ecosystem. Last but not least, Scorpio, the company that operates short-term quantitative funds, digital asset funds, blockchain product development, supernode operations, e-commerce, culture communication, real estate development, and real economy projects. On the other hand, Alf network will still continue to expand its reach in the space to provide the best user experience to all its participants and investors.
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Source: Cryptocurrency - investing.com
