TechFlow News, according to Unchainedcrypto, Amphor, a DeFi protocol incubated by hedge fund MEV Capital, has announced the completion of a $4 million seed funding round, with over 80 crypto industry angel investors participating. The project aims to simplify DeFi investments for ordinary investors using algorithms and on-chain technical solutions. Specific valuation details have not been disclosed. The new funds will be used to expand the team, build its technology stack, and extend to other blockchain networks. According to information provided by the project to potential investors, only 1.4% of crypto users have participated in DeFi.
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