Ethereum

USDC

Avalanche

Arbitrum

Stargate Finance

<p><strong><a href="https://www.yei.finance/" rel="noopener noreferrer nofollow">Yei Finance</a></strong>, an emerging leader in decentralized lending, has successfully closed a <strong>$2M seed funding</strong> round! This impressive milestone was led by <strong>Manifold</strong>, with contributions from <strong>DWF Ventures, Kronos Research, Outlier Ventures, Side Door Ventures, WOO</strong>, and distinguished industry leaders like <strong>Matt Dobel </strong> and <strong>0xZHUANG</strong>. </p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4e59390469e94578be29222e7f3df7e7.png" /><p></p><p></p><p>Special thanks to the <strong>Sei Foundation</strong> for their invaluable support. &#x1f31f;</p><h2 id="header-0"></h2><h2 id="header-1">What’s Next: The Vision for V2 &#x1f310;</h2><h3 id=""></h3><p></p><p></p><p></p><p></p><p></p><p><strong>Modular Lending Markets &#x1f3e6;</strong></p><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><p>Yei Finance is introducing isolated lending pools tailored for specific assets, risk profiles, and strategies. These pools will support cross-chain borrowing and lending, with yield-bearing tokens like <strong>yUSDC</strong> enhancing capital efficiency. This innovative approach unlocks new liquidity opportunities, offering users greater flexibility and security.</p><p><strong>Yei App Chain with Hub-and-Spoke Architecture &#x1f6e0;️</strong></p><p>At the heart of Yei Finance&#39;s vision is a dedicated app chain that serves as the protocol’s core. This architecture includes a centralized credit layer for managing collateral, debt, and interest rates, as well as cross-chain governance and incentivized mechanisms. This ensures scalable and secure cross-chain operations, setting a robust foundation for growth.</p><p><strong>Omnichain Money Market &#x1f4b8;</strong></p><p>Yei Finance is creating a unified liquidity pool to simplify borrowing and lending across blockchains. By integrating Circle’s CCTP for native USDC transfers, the protocol eliminates reliance on wrapped tokens or third-party bridges. This streamlines capital utilization and reduces liquidity fragmentation, providing a seamless user experience.</p><h3 id=""></h3><h3 id="strengthening-the-defi-landscape-x1f4aa">Strengthening the DeFi Landscape &#x1f4aa;</h3><p></p><h3 id=""></h3><p>Yei Finance is developing critical innovations such as smart routing for optimal cross-chain lending and a robust liquidation framework to mitigate systemic risks. These features are poised to establish Yei Finance as a leading protocol in the omnichain lending space.</p><p><em>&#34;This funding allows Yei Finance to realize its vision of creating a truly omnichain money market that eliminates inefficiencies and drives DeFi adoption,&#34;</em> said <strong>Austin</strong>, Co-Founder of Yei Finance. <em>&#34;With V2, the full potential of decentralized finance is unlocked through seamless interoperability and user-centric design.&#34;</em></p><h2 id="header-2">Looking Ahead &#x1f52e;</h2><p></p><h3 id=""></h3><p></p><p></p><p>With the $2M raised in this seed round, Yei Finance presents:</p><p></p><p></p><p></p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fd7880b21fee44e59e7e533424918afb.png" /><p></p><p>This is just the beginning for Yei Finance as it continues to build and grow. Big things are coming soon, stay tuned. $YEI &#x1f680;</p><p></p><p></p><h3 id="about-yei-finance-x1f31f">About Yei Finance &#x1f31f;</h3><h3 id=""></h3><h3 id=""></h3><h3 id=""></h3><p></p><p>Launched on the <strong>Sei network</strong>, Yei Finance is a leading DeFi protocol with a <strong>TVL of $130M</strong> since June 2024. Its <strong>Cross-Chain Bridge</strong>, powered by <strong>Stargate</strong> and <strong>Circle’s CCTP</strong>, enables secure and cost-efficient transfers across <strong>Ethereum</strong>, <strong>Avalanche</strong>, <strong>Arbitrum</strong>, and more.</p><p>The journey toward V2 is just the beginning as Yei Finance redefines decentralized lending with its scalable and user-centric solutions.</p><h2 id="header-3"></h2><h2 id="header-4"></h2><h2 id="header-5">Stay Connected! &#x1f310;</h2><h2 id="header-6"></h2><h3 id=""></h3><h2 id="header-7"></h2><h2 id="header-8"></h2><p></p><p>Be part of this revolutionary journey:&#x1f310; </p><p><strong>Website</strong>: <a href="https://yei.finance/" rel="noopener noreferrer nofollow">yei.finance</a>&#x1f426; </p><p><strong>Twitter/X</strong>: <a href="https://x.com/YeiFinance" rel="noopener noreferrer nofollow">&#64;YeiFinance</a>&#x1f4ac;</p><p><strong>Discord</strong>: <a href="https://discord.gg/yei" rel="noopener noreferrer nofollow">Join </a>&#x1f4d6; </p><p><strong>Gitbook</strong>: <a href="https://docs.yei.finance/" rel="noopener noreferrer nofollow">Documentation</a></p><p></p><p></p><p></p><p></p><p></p><p></p><p>That&#39;s it for today folks,   </p><p></p><p>Thanks for reading! For more insightful crypto content,   </p><p></p><p><a href="https://t.me/CryptoPM" rel="noopener noreferrer nofollow">Follow Me &#64;CryptoPM  </a></p><p></p><p>Stay updated with the latest trends and analyses in the crypto world!</p><p></p>

Yei Finance Secures $2M Seed Funding to Revolutionize Omnichain Modular Lending 🚀

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