ParaFi Capital

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Revision as of 06:28, 31 January 2023 by Grand Master Pepe (talk | contribs)

Basics

"6 hours after receiving 6 milly tokens they transferred to another labelled address, and have been transferring in batches of ~700,000 to a couple unlabelled wallets before finally ending up in a Binance deposit address, presumably to dump."

History

Investments

"ParaFi and D1 had together invested $450,000, in tether tokens, in return for governance token nectar (NEC). ParaFi's portfolio includes other DeFi projects such as Aave, Curve, MakerDAO and Kyber Network, into which ParaFi invested in June. ParaFi and D1 have committed to staking tokens in the platform's governance protocol necDAO, so they'll be able to play a role in the project's direction as they would with an equity stake.""

"Acala closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital and others."

Acala's aUSD Ecosystem Fund; one of the founding funds to grow the Acala stablecoin (23-3-2022)

Governance

Team, Funding, Partners

Team

Funding

  • From this blog (20-8-2020):

"ParaFi’s backers include leading institutional allocators, including Bain Capital Ventures, Galaxy Digital, and Dragonfly Capital Partners."

Partners