Stablecoin lending protocol Curvance completes $3.6 million seed round financing, with participation from Offchain Labs and others

ChainCatcher news, according to Chainwire, the stablecoin lending protocol Curvance has announced the completion of a $3.6 million seed round financing, with investors including prominent angel investors such as Offchain Labs, Wormhole, and Polygon co-founder Sandeep Nailwal, as well as support from core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance, and Pendle Finance. Decentralized Autonomous Organizations (DAOs) like Frax Finance also participated in this round of financing.

Curvance aims to provide users with optimized yields while maximizing capital efficiency through peer-to-peer lending.