Polychain supports DeFi social trading platform project

by in DeFi News

Defi

The Enso Finance project has raised $5M in investment. The round was led by venture capital firm Polychain Capital and Dfinity's Beacon Fund.

Other contributors include Multicoin Capital, P2P Capital, Spartan Group, Zola Global, and The LAO.

“The Enso platform allows for an unlimited number of strategies that include all ERC-20 tokens available in the DeFi ecosystem and enables the integration of profitable farming,” the startup said in a statement.

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According to the project team, through an intuitive interface, users will be able to develop their strategies, subscribe to and follow other traders, and also combine different approaches to trading.

As a reminder, Polychain has already invested in some DeFi projects, including the KeeperDAO liquidity guarantor, the Findora infrastructure developer, and the Saddle Finance decentralized exchange.