According to ChainCatcher, Panther Protocol, a decentralized lending and arbitrage technology protocol based on BSC Binance Smart Chain, announced the completion of a $3 million seed round of financing. This round of financing was led by Pantera Capital, followed by Panther Capital, SuperMassive, Insignius Capital, STIX, etc.
Panther Protocol is a decentralized non-custodial liquidity protocol that users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can obtain liquidity by providing collateral that exceeds the loan amount.
This financing will help Panther Protocol further develop its technology and market, and improve user experience and platform security. In the future, the field of decentralized finance (DeFi) may usher in more innovations and opportunities.