ChainCatcher news, the DeFi protocol Zest Protocol has completed its first round of financing and will launch on the Blast mainnet. This round of financing was led by Youbi Capital, and the specific amount raised has not been disclosed.The DeFi product launched by Zest Protocol on the Blast Layer2 platform aims to provide high-yield collateralized stablecoin solutions. It separates the yield of Blast ETH from price fluctuations in a unique way and has introduced two innovative products: zUSD (a stablecoin providing leveraged yield on Blast ETH) and mirrorETH (on-chain leveraged Ethereum derivatives with no funding fees).In addition, Zest Protocol will open the genesis pool pre-deposit on the Blast mainnet today, allowing users to earn Blast rewards, Blast Points, and Zest Points.

ChainCatcher news, the liquidity aggregation investment strategy protocol Doubler has announced the completion of its seed round financing, led by Youbi Capital, with participation from Bixin Ventures, Mask Network, Comma3 Ventures, Pivot Labs, Continue Capital, Sanyuan Capital, Waterdrip Capital, DWF Ventures, Gate Labs, Formless Capital, MT Capital, and CatcherVC.It is reported that Doubler is an open DeFi protocol that uses a martingale strategy to aggregate market liquidity. Its innovative mechanism combines zero-loss hedging with the yield betting demands of both demanders and speculators, maintaining a high degree of openness and interoperability, providing ample development space for expanding DeFi business.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, one hour ago, Youbi Capital withdrew 5 million YGG (1.7 million USD) from Binance. This aligns with the amount they transferred to Binance after the surge of YGG the day before yesterday (August 7), possibly completing a successful round of high selling and low buying.It is reported that on August 7, Youbi Capital transferred YGG to Binance at an average price of 0.65 USD; on August 9, the price when withdrawing YGG from Binance was 0.337 USD.

ChainCatcher news, according to Lookonchain monitoring, Youbi Capital deposited 2 million YGG to Binance one hour after the price of YGG surged. In addition, Youbi Capital is about to deposit another 2 million YGG. Currently, Youbi Capital still holds approximately 7.6 million YGG (about 4.8 million USD).

According to ChainCatcher news, monitored by Lookonchain, Youbi Capital transferred 1 million YGG (approximately $613,000) to Binance 10 hours ago and currently holds 11.6 million YGG (approximately $7.11 million). Sfermion claimed 1.2 million YGG (approximately $735,000) 11 hours ago and transferred it to Binance via FalconX.

ChainCatcher news, game studio CEBG Studio has completed a $3 million private placement financing, led by Youbi Capital, with participation from A&T Capital, Hashkey, Kernel, GSR Ventures, Welight, IGG, Pepper, and Bing Venture. The funds from this private round will be used for project development and community growth.In addition, CEBG announced the launch of a month-long Beta Test and Explorer community airdrop starting on April 8. The product is expected to be officially released in June. (source link)