Rift Finance
Rift Finance is a decentralized protocol that restructures incentives to improve liquidity across the decentralized finance ecosystem. The protocol allows decentralized autonomous organizations (DAOs) to deploy governance tokens from their treasuries to increase token liquidity without giving up ownership, enabling liquidity providers to earn rewards in return. Rift Finance's mechanism addresses a key challenge in…
Funding snapshot
About
Rift Finance is a decentralized protocol that restructures incentives to improve liquidity across the decentralized finance ecosystem. The protocol allows decentralized autonomous organizations (DAOs) to deploy governance tokens from their treasuries to increase token liquidity without giving up ownership, enabling liquidity providers to earn rewards in return. Rift Finance's mechanism addresses a key challenge in DeFi governance by creating aligned incentives between DAOs and liquidity providers, allowing projects to bootstrap deep on-chain liquidity for their tokens while maintaining treasury sovereignty. The protocol operates as blockchain infrastructure for the DeFi industry, providing financial services that span liquidity provisioning, staking, and decentralized financial movement. Founded in 2021 and headquartered in New York City, United States, the company has raised $18.0M in Series B funding from investors including Pantera Capital, Spartan Group, Vessel Capital Partners, Morningstar Ventures, Two Sigma Ventures, Coinbase Ventures, DeFiance Capital, and Paradigm.
Business model
Blockchain Infrastructure > Blockchain Network > Finance > DeFi,
Cryptocurrencies > Financial Services > Diversified > Defi-as-a-Service
Founders & team highlights
Serial Founder
Institutional investors
Backed by funds in our directory
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