Idle DAO logo

Idle DAO Funding & Investors

Idle is a decentralized protocol dedicated to bringing automatic asset allocation and aggregation to the interest-bearing tokens economy. This protocol bundles crypto-assets (ETH, WBTC, and stablecoins) into tokenized baskets that are programmed to automatically rebalance funds according to different management strategies. Idle aims to unlock the power of decentralized finance for everyone as a one-stop source of yield that allows users to algorithmically optimize their digital asset allocation across leading DeFi protocols, either they want to maximize it or keep tabs on their risk/return profile. Our vision is that money should never sit still. We want to democratise the access to DeFi instruments through institutional-grade experiences and developer-friendly infrastructure, providing investors and builders with the tools they need to create easy and accessible yield-generating experiences for their funds and users. DeFi is programmable money, it does a thing that money that used to sit still always wanted to do. It can fundamentally rewrite the relationship between people and, what we call traditionally, saving; we see a pathway to Idle being the building block that sits as the core primitive of what will change the way of idle funds flow across financial networks.

idle.finance

Total Amount Raised: $1,200,000

Idle DAO Funding Rounds

  • Seed

    $1,200,000

    Seed Investors

    Gumi Cryptos Capital
    LongHash Ventures
    Quantstamp
    BlockRock Capital
Funding info provided by Diffbot.