Interop

GM Defi Enjoyooooors The Defi Dojo @defidojodiscord & @InteropVC are hosting a full Day Defi BaseCamp BD Panels Vibez S'mores Booz Limited Space 👇

Drop Protocol has secured a cool $4M in seed funding💧 The round was led by @coinfund, with backing from @cmsholdings, @anagramxyz, @ChorusOne, @interopvc, and more. This funding turbocharges our mission to unleash new economic possibilities in the Interchain.

Movement is one of the biggest mainnet launches of 2024 Our deep dive explores how @movementlabsxyz - Redefines security with Move - Builds a robust ecosystem - Creates opportunities for builders & investors 🗓️ Date: October 15th, 2024 ⏰ Time: 9am PST / 12pm EST / 6pm CET

gmove 👋 We’re pleased to announce our participation in @meridian_money's $4m seed round alongside @paraficapital & @borderless_cap. Let's build the foundations for more secure and performant DeFi applications. Next-generation VMs like Move are crucial for the growth and adoption of defi and web3. The EVM will soon be ten years old and was designed as the nascent blockchain ecosystem had to move fast and break things. In the last decade, bugs in Solidity have been responsible for tens of billions in hacks and lost funds. The industry needs to move (no pun intended) to more secure, performant, and scalable programming languages and VMs to empower indie developers and enterprises to build the next wave of dapps. Meridian will be Movement's liquidity hub, encompassing a suite of vertically integrated products: - an AMM supporting weighted and stable pools, with support for concentrated liquidity - a Liquid Staking Token (LST) featuring a two-token non-yield bearing and staked yield-bearing model - an LST and restaking, allowing holders to earn additional yield by securing Move-based AVSs - a Movement full node validator, contributing to network security and vertically integrating their LST and LRT products into a cost-efficient stack The Meridian team, led by @adammoves_, has a long history in the Move ecosystem, having previously built @ThalaLabs, the largest application on @Aptos. Meridian is a strong value-add for the entire Movement ecosystem. It turns the $MVMT token into a productive, yield-generating asset and creates opportunities for Move L2s and rollups to build in the Movement network. We’re excited to support the Meridian team, as well as @movementlabsxyz and @EchelonMarket, in which @InteropVC also invested, as Move gains traction and enables more scalable and secure decentralized applications. Other participating investors in this round include @ambergroup_io, @SaisonCapital, @serafund, @OakGroveVC, @FlowTraders, @AmbushCapital, @gate_io, @DoublePeakGroup, @dcfgod and prominent angels. We're eager to work together to grow Meridian and the Movement ecosystem as a whole!