Arweave-Based DeFi Protocol everFinance Closes Million Dollar Seed Funding Round

everFinance, the Arweave-based DeFi protocol, has announced the closing of a multi-million dollar seed round of funding, according to official sources. The funding was co-led by HashKey and SevenX Ventures, and followed by Arweave officials, Mask Network, DODO, OKEx Blockdream Ventures, Digital Renaissance Foundation (Yin Cao), and D1 Ventures. (Cao Yin), D1 Ventures, and others. Individual investors include Hongbo Tang, CEO of DeBank, and Mingda Lei, founder of DODO. everFinance is based on Arweave’s DeFi protocol, and its product everPay was officially launched on May 21, allowing users to use everPay for free Users can use everPay to transfer Ether and ERC20 tokens for free. According to the team, everPay will support Arweave to Ether cross-chain.

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