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Moma Protocol Raises $2.25 Million To Focus on Long-Tail Assets In DeFi Reading Time: 3 mins read Long-tail DeFi assets are a very exciting trend in the cryptocurrency industry. Whereas these assets often suffer from a decrease in trading volume, Moma Protocol wants to provide them with infinite liquidity. An exciting approach that has attracted attention from various investors. Long-Tail DeFi Assets Are Viable For those who are unfamiliar with the concept, long-tail assets are plentiful in the cryptocurrency industry. These crypto assets are usually months, if not years in circulation, yet s...

Place/Date: Singapore - May 6th, 2021 at 1:00 pm UTC · 4 min read Source: Moma Protocol Moma Protocol, an innovative solution to solve scalability, liquidity and speculation needs in the current DeFi lending market, has completed a $2.25 million dollars round of funding led by Fundamental Labs and SevenX Ventures. Moma Protocol creates, manages, accelerates, and aggregates lending markets through a proprietary smart contract factory, creating an ecosystem that allows for the infinite expansion of lending liquidity and market diversity. Moma Protocol was incubated and supported by Lich...

Moma Protocol is opening the door to a wealth of assets to enter decentralized lending. The implications this poses for the defi community are significant as whispers of infinite liquidity abound.  According to its CEO and Founder, Ocean Liao, Moma will provide “an expandable, scalable and flexible infrastructure for the defi world in 5-10 years, in a way that everyone can freely participate.” Thanks to a round of funding led by Fundamental Labs, SevenX Ventures, and a host of big names in crypto, $2.25 million has been acquired for the protocol’s fully operational launch in Q2 2021. ...