LTV Protocol, a decentralized finance platform, is proud to announce the closing of its $325,000 Angel funding round.
Angel Funding Round Highlights
LTV Protocol has completed its Angel funding round, raising $325,000 from a consortium of industry leaders. The investors represent a diverse group of experts in staking, blockchain development, and DeFi innovations.
How LTV Protocol Works
LTV Protocol utilizes the ERC-4626 standard to automate collective leveraged positions in leading lending protocols such as Aave and Compound. Users can deposit yield-bearing tokens and instantly access higher yields through automated leverage management.
Future Plans and NFT Launch
The platform has unveiled its mascot, the number 42, symbolizing the answer to questions about leverage and yields. An NFT collection campaign has been launched, featuring 1,024 unique tokens that offer users various benefits.
With the completion of the Angel funding round, LTV Protocol is strengthening its position in DeFi, offering users access to innovative automated lending solutions.