DeFi collateral protocol PWN completes over $2 million in financing, with investments from StarkWare, Nethermind, and others

2023-06-28 22:12:42

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ChainCatcher news, according to official sources, the DeFi collateral protocol PWN has announced the completion of over $2 million in funding, with participation from StarkWare, Nethermind, Safe Ecosystem Foundation, Digital Finance Group, Jsquare, and several angel investors including Patricio Worthalter (POAP), Christoph Jentzsch (founder of Slock.it), Danny Ryan, Tim Beiko (Ethereum Foundation), Alex Van de Sande (ENS delegate), and Lefteris Karapetsas (founder of Rotki).

It is reported that PWN allows users to use NFTs or any tokens as collateral to invest in fixed interest loans and generate returns; PWN DAO is responsible for overseeing the operation of the PWN protocol and related tools developed by the team (such as PWN Safe or token bundler). (source link)

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PWN investment and financing

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