Lemma FinanceL

Lemma Finance

(Acquired)

The basis trading protocol

Performances

Comparison:

Comparison

Total Raised:--

Fundraising not disclosed

FDV:--

Token not listed

24h Trading Volume:--

Token not listed

Details

Lemma is a decentralized finance (DeFi) protocol with two products: a "leveraged" basis trading vault and USDL, a stablecoin that is fully decentralized, 100% capital efficient and USD-pegged. Lemma uses a market-neutral derivatives position to issue a stablecoin and generate a sustainable yield. It will issue LEMMA tokens to manage governance for the stablecoin. Holders will be able to set risk parameters, prioritize the roadmap, and propose new features, among other things.

Ecosystem(1):
Founded:
2021
Location:
India

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