Project:SushiSwap is an automated market-making (AMM) decentralized exchange (DEX). Besides DEX, SushiSwap involves a collection of governance, operations and reward contracts that help grow the ecosystem and utilization.
Chain: Ethereum blockchain.
Partnership: SushiSwap’s AMM uses Saddle’s StableSwap implementation for the pegged-assets pool.
Key People: SushiSwap was created in 2020 by a pseudonymous individual or group called Chef Nomi, along with co-founders, Sushiswap and 0xMaki.
Nerve Finance / Synapse
Project:Nerve / Synapse is a StableSwap automated market maker and trustless cross-chain bridge.
Project:Snowball is a yield optimizer on the Avalanche Network. Snowball combines multiple DeFi protocols to create an interconnected experience. Swap stablecoins, deposit liquidity, or auto-compound liquidity rewards.
Chain: Avalanche Network.
Partnership: Saddle financed Snowball’s AMM audits. Snowball also airdropped us their governance tokens.
Project:Iron Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use cases. IronSwap is an automated market maker (AMM) specialized for fast and efficient stablecoin swapping, aiming to have the best rates with the lowest fees and smallest slippage.
Chain: Polygon Network.
Partnership: IronSwap’s AMM uses Saddle’s StableSwap implementation for the pegged-assets pool.
Key People: The Iron Finance team is currently anonymous.
Project:Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It works by involving market makers (referred to as Bonder) who front the liquidity at the destination chain for a small fee. The Bonder extends this credit in the form of hTokens which are then swapped for their native token counterpart in an AMM. The result allows users to seamlessly transfer tokens from one network to the next.
Saddle is backed by notable tech investors with a track record of working with successful web3 companies.
Framework is a venture firm that builds alongside the founders. Framework partners with founders and teams to build token-based networks and develop the requisite cryptoeconomics, governance, and community to scale.
Polychain Capital is the world’s premier digital asset investment fund. Based in San Francisco, Polychain actively manages global blockchain assets to achieve exceptional returns for their investors. Polychain values long-term vision, fierce intelligence, quantitative reasoning, and low-ego open-minded people.
Electric Capital is an early-stage venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces. EC invests in companies and protocols built on top of Programmable Money.
Dragonfly Capital is a cross-border cryptoasset investment firm. Dragonfly Capital Partners are investing in and supporting the most promising opportunities in the cryptoasset class. Managed by experienced VCs from the U.S. and Asia, Dragonfly Capital Partners brings together the leading participants in the decentralized economy.
Coinbase Ventures invests in companies building the open financial system. Coinbase ventures provide financing to promising early-stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way.
Nascent is a global, multi-strategy investment firm focused on crypto & open finance.
Alameda Research founded in October 2017 manages over $1 billion in digital assets and trade $1-10 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. Alameda has a full-scale global operation with the ability to trade in all major exchanges and markets.
Boost VC is an accelerator firm headquartered in San Mateo, California. Boost VC, founded in 2012, invests in pre-seed startups through its accelerator program. It seeks to invest in the cryptocurrency, virtual reality, augmented reality, space, robotics, artificial intelligence, biotech, ocean, and time travel technology sectors.
Thesis builds and funds products and protocols in cryptocurrency and decentralized technology.