The decentralized lending protocol Panther Protocol has completed a $3 million seed round financing, led by Pantera Capital

Oct 15, 2024 16:50:40

based on the BSC Binance Smart Chain decentralized lending and arbitrage technology protocol Panther Protocol has announced the completion of a $3 million seed round financing, led by Pantera Capital, with participation from Panther Capital, SuperMassive, Insignius Capital, and others.

It is reported that Panther Protocol is a decentralized non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can obtain liquidity by providing collateral that exceeds the loan amount.

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