DeFi investment fund DeFiance Capital have taken a long term position in the MLN token and will remain committed supporters in Enzyme’s vision to revolutionalize the asset management industry. Wangarian joined early pioneers like Techemy and Rhino to launch The Yang Express which is now in the top three Vaults by TVL on Enzyme.
DeFiance’s purchase of tokens will support faster growth and development of the Enzyme ecosystem whilst in turn aligning them to provide value to the ecosystem too.
“We’re delighted to see DeFi investors start to use the very protocols they invest in to operate their day-to-day business. This is exactly the kind of partnerships we want to align ourselves with” — Mona El Isa
The Enzyme team spent the crypto winter heads down v2 which was launched earlier this year. The release was a re-architect of the protocol to be a one stop shop for DeFi asset management — perfectly positioning it for this market. Enzyme Vaults can now handle DEX trading, lending, synths, AMM pools, farming, reporting, risk management and much more. Furthermore, in a recent update — Enzyme have laid out plans for Sulu, an exciting new roadmap which will be turned around before summer. Sulu will include borrowing as well as connectivity to many other protocols such as Curve, Idle, Balancer and more.
“DeFiance Capital is pleased to announce our support for Mona & team @Enzyme! One of the few DeFi protocols to persist through the 2018 bear market, the Enzyme team has worked tirelessly behind the scenes to ship a product with clear product-market fit. We look forward to supporting their on-chain asset management platform as increased institutional adoption begins to take hold” — Arthur Cheong
Further Reading & Discussions