ChainCatcher news, according to Chainwire, the DEX project Hercules has announced a $1 million investment commitment from Ethereum Layer 2 Metis.It is reported that as an efficient and composable DEX and launchpad, Hercules is a fundamental part of the Metis ecosystem, and the new funds will be used to support project deployment, product development of existing dApps, and more.

ChainCatcher news, according to Coinstelegram, the gamified incentive layer protocol Kaskade Finance has announced the completion of its Pre-Seed funding round, with participation from Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, as well as VirtualBacon, Brian D Evans, CryptoJack, among others, though the specific amount of funding has not yet been disclosed.It is reported that Kaskade Finance primarily provides cross-chain liquidity guidance layers for DeFi protocols and cross-chain networks, using volume-centric incentives to increase more fees in liquidity pools.