Yield Farming Aggregator Don-Key Gears Up for an IDO On SuperStarter Reading Time: 2 mins read One of the promising decentralized finance (DeFi) platforms, Don-key, has raised fresh capital for expanding its product lineup. It was announced that Don-Key completed a $2.2 million seed round led by Black Edge Capital, AU21. Genesis Block Ventures, Spark Digital, MarketAcross, Solidity Ventures, MoonWhale, and Morningstar Ventures. Don-Key, which operates a Defi yield farming platform, plans on earmarking the funds for staffing and new product launches in 2021, according to a statement. Yield farming protocols are one of the latest additions to decentralized finance apps. Although these Defi platforms function quite differently from centralized platforms, their edge has ties to what assets are being lent on. These offerings mostly rely on a decentralized network of lenders and borrowers, who use smart contracts to arrange collateral and payment terms.