Saturn announces completion of $800,000 funding round with participation from YZi Labs, Sora Ventures, and others
BlockBeats News, January 20, Saturn announced the completion of an $800,000 funding round, with participation from YZi Labs, Sora Ventures, and several well-known angel investors in the cryptocurrency field. The funds will be used to develop USDat, a bitcoin-backed stablecoin protocol offering over 11% yield.
Saturn stated that the yield is provided through the Strategy perpetual preferred shares STRC, while also unlocking global on-chain digital credit access.
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