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Funding
StakedGain raises USD 2 million in Series A funding
Decentralized Finance (DeFi)
May 16, 2024
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

May 16, 2024

StakedGain raises USD 2 million in Series A funding

Funding

  • StakedGain, a multi-chain crypto staking platform, has secured USD 2 million in Series A funding from a number of unnamed venture capital investors.

  • The company plans to use the funding to expand the list of supported blockchain networks on its staking platform.

  • Based in Australia, StakedGain offers a DeFi platform that enables users to earn yields from staking supports on over 10 blockchain networks, including a number of Ethereum Virtual Machine (EVM)-compatible chains and layer-2 solutions. The platform leverages a number of algorithms that analyze market conditions to optimize staking strategies in real time and maximize staking rewards. Moreover, it provides users with some staking options, including adjustable-term staking and dynamic strategies that allow adjustments to market conditions.

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