On-chain yield platform Altura raises $4 million in funding, led by Ascension
Foresight News: According to Decrypt, on-chain yield platform Altura has completed a $4 million funding round led by Ascension, with participation from European private equity leader Moonfare, InnoFinCon, and others. Altura operates a single on-chain vault and adopts a market-neutral strategy to generate stable returns. Users deposit stablecoins, and the vault earns protocol revenue by capturing price differences between exchanges, earning funding fees through hedged positions, and rotating collateral into safe yield assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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