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Archimedes (ARCH)

Archimedes Finance is a decentralized lending and borrowing marketplace that allows users to deposit assets and use them as collateral to create leverage positions.

Seed Round: $4.9 Million

Pre-Seed Round: $2.4 Million

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Overview

Project industryCrowdfunding & Lending
Product typePlatform
FoundedUnited States
WhitepaperArchimedes White Paper Open

What is Archimedes

Archimedes is building a leading lending/borrowing market on top of any AMM. In essence, the project’s vision is to create a sustainable, long-term, and accessible set of opportunities within DeFi for billions of people through an innovative and scalable technology solution.

By solving the pool reward sustainability issue, offering up to 10x leverage for yield-generating stablecoins, and increasing capital efficiency, Archimedes is supercharging stablecoin assets and making it easier for investors to generate top of market APYs without any of the pool hopping or portfolio management and capital deployment overheads currently faced by DeFi investors.

Details

Token supply: 100,000,000 ARCH

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