Rift Finance is a decentralized protocol that supercharges DAO growth through restructured incentive frameworks.
Start:
Jan 1, 2022 00:00:00
Ended:
Dec 30, 2022 00:00:00
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About Rift Finance
What Is Rift Finance?
Rift Finance is a decentralized protocol that supercharges DAO growth through restructured incentive frameworks.
Today’s liquidity structures are parasitic to DAOs; they drain DAO treasuries and shrink market caps. Rift allows DAOs to deploy governance tokens from their treasuries to deepen token liquidity without having to give up ownership. The protocol pairs these governance tokens with Ethereum from liquidity providers. By working together, DAOs receive the liquidity they seek and Ethereum depositors receive natively high and well-diversified yield. As a result, both parties are able to achieve their goals in a way that they would not be able to alone.
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Pantera Capital, Hashed, Coinbase Ventures, Spartan Group, Jump Capital, Vessel Capital, Injective Protocol, Polygon, Fantom Foundation, Two Sigma Ventures.