According to ChainCatcher, DeFi yield protocol Affine Protocol has completed US$5.1 million in financing, led by Jump Crypto and Hack VC, with participation from Circle Ventures and Coinbase Ventures.

It is reported that Affine’s goal is to solve the problem of impairment losses in liquidity provision, and its flagship basket USD income provides automated diversification and yield through liquidity management strategies. (Source link)