LD Capital announced to invest in Stafi
LD Capital announced to invest Polkadot Project decentralized asset flow agreement ‘Stafi’, which hopes to implement liquidity pledge on Polkadot and other possible blockchains. It works similarly to various automated revenue tracking protocols on Ethereum, but only for pledge services. ChainNews reported that Stafi announced funding from the Web3 Foundation in December 2019. Stafi completed a $600000 seed-round financing in July 2020, with investors including Focus Labs, Spark Digital Capital and BitMax incubator. It noted that Stafi was built with Substrate to provide better liquidity for mortgage assets of different types, services and purposes based on Web3 ecosystem and Polkadot’s relay system. LD Capital is a blockchain investment institution. Recently, it has set up the LD DeFi Project Foundation to focus on investing in high-quality projects in the field of DeFi, and has successfully invested in nearly 20 high-quality DeFi projects.