Protocol Cha Project Introduction, Team, Financing and News

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Protocol Cha is a project based on chai.money and MakerDAO. By introducing a Wormhole bridged version of CHAI on other EVM-compatible chains, Protocol Cha are able to bring DSR profits to networks beyond Ethereum. The protocol not only offer users the basic DSR annual yield, but also partner with collaborators like AAVE and Balancer to construct a comprehensive incentive ecosystem, allowing users to opt for higher yields on top of the base profit. As a DAI-based savings project, Protocol Cha vision is to better introduce MakerDAO to other chains, enabling users to engage within the whole ecosystem and also to enhance the utilization of DAI on other networks.

Tags:

DeFi

Founded:

2023

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Protocol Cha

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