Fluidity Money
Adelaide
About Fluidity Money
Fluidity Money is a blockchain incentive platform that rewards users with yields for using their cryptocurrency. It seeks to solve DeFi's utility problem by introducing a novel incentive mechanism that rewards users for on-chain transactions. Users can wrap stablecoins in Fluidity in exchange for the fluid counterpart of that stablecoin. This can be USDC, for example, which becomes fUSDC. This works with a variety of stablecoins, including DAI, USDT, and Frax. The yield distributed via transactions is derived from lending out the underlying assets on money markets. When USDC is wrapped, fUSDC is created, and the principal is lent out.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Total funding: $1.3M
- Funding stage: Seed
- Last round: Seed (Mar 2024)
- Website: fluidity.money
Industries & Categories
Blockchain, Cryptocurrency, Financial Services
Social Profiles
Canonical: https://fsome.com/organization/fluidity-money-78880 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.