Data: DeFi lending service company Altitude completes $6.1 million seed round financing
ChainCatcher news, DeFi lending service company Altitude announced the completion of a $6.1 million seed round financing, with participation from Tioga Capital, New Form Capital, Flow Ventures, UDHC, GSR, Owl Ventures, and others.
It is reported that the Altitude protocol automatically manages collateralized debt by real-time adjusting the loan-to-value (LTV) ratio. This method maximizes capital efficiency while maintaining a safe liquidation risk status. It is said that Altitude has successfully completed on-chain testing and will soon enter the closed testing phase.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
