The Protocol of Mama has been moved upto $2,25 million. Led by Fundamental Labs and SevenX Ventures. Undernet funds will be used for the development of endless liquidity in DeFi Lending Markets according to the release that was shared with CNF. The platform will satisfy the demand of users in DeFi markets for scalability, liquidity and speculation.
Loans have been one of DeFi’s most important components. Thus, as the DeFi market expands, the Moma Protocol can play an important role. The platform will principally open up new digital long-distance lending markets. Failed digital assets have been discontinued over the years, but they can be sponsored and provided with the Moma Protocol approach.
Digital failed long tail assets have been abandoned over the years, but can be funded and given another opportunity with the approach of the Moma Protocol.
In centralized companies, but relatively new in crypto industry, the long-dose concept is already common. In conventional businesses, several consumers decide to sell low quantities of unique articles to make a profit. This is opposed to selling a significant number of famous goods in large quantities.
The Moma Protocol is aimed at creating, managing, accelerating and consolidating lending markets so that liquidity and diversity expansion can continue. It may be a pioneer project with its unique approach and the standard that others should adopt.
Lichang, a community app with over 1 million users, started off with the project. Since then, it has taken the big CVs and investors into consideration. Their participation in the project will lead to headlines and awareness in the cryptocommunity.
Founder and CEO of the Moma Protocol, Ocean Liao said:
I feel that, in 5-10 years, the purpose of the Moma Protocol is to develop an expandable, scalable and versatile DeFi infrastructure so that all participate freely. I am positive about the DeFi environment and the loan scenario and I am glad to be able to push Moma Protocol on its infinite liquidity for the future