Berachain’s native DeFi Hub project, “Honeypot Finance,” announced today that it has completed pre-seed funding, led by AC Capital and DextForce. The specific amount of funding has not been disclosed.
Honeypot Finance is dedicated to building a community-operated DeFi center that integrates a unique AMM model. It combines a community-led launchpad (Dreampad) and DEX (HenloDex) to address the issue of low liquidity utilization in DeFi.
Dreampad adopts an innovative FTO (Fair Token Offering) model to launch tokens in a fair and transparent manner. HenloDex, on the other hand, utilizes the award-winning Batch-A2MM model to support trading of long-tail assets in the ecosystem and provides post-launch security feature support.
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