Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Source
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Tag: ParadigmBacked
This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’
โWhat is the time value of money?โ Thatโs the age-old question Allan Niemerg, former head ofย research and investments at Cumberland DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market. Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized lending industry dominated by established players such as Compound by providing a benchmark product others have not: a DeFi yield curve. STABLE RETURNS: Yield Protocolโs six offerings plot a DeFi yield curve, the founders say.(Yield Protocol)Source: Yield Protocol…