Lambda Finance completed angel round financing of US$1.8 million, with Curve founders and others participating in the investment

Mars Finance News, according to official news, Lambda Finance announced the completion of an angel round of financing of US$1.8 million. Investors in this round of financing include Michael (Founder of Curve), Hashcow Group, Public Works, Threshold Network, DLC Link, Aladdin DAO, A-team Defi, Curvecap, Yusuke (Founder of Napier Finance), Ed (Founder of Bitcoin Square) and Chris (Core Member of Conflux), etc.

It is understood that Lambda is committed to injecting Bitcoin liquidity into the DeFi ecosystem through its independently developed btcUSD stablecoin. btcUSD is based on Curve Finance's crvUSD mechanism and adopts innovative stability and loss protection mechanisms, such as flexible mortgage settings, protective liquidation mechanisms, and reactive exchange rate defenses. At the same time, Lambda also introduced the L.L.A.M.M.A. centralized liquidity AMM and adaptive monetary policy, which further enhanced the stability and security of btcUSD, allowing Lambda to provide users with a safer and more reliable trading environment and reduce the risk of borrowers being defrauded due to market fluctuations. Liquidate the risk of positions to more effectively meet market lending needs and improve the overall user experience.