According to Foresight News, Kaskade Finance, a DeFi incentive protocol, has announced the completion of its Pre-Seed funding round. Participants in the round included Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, VirtualBacon, Brian D Evans, and CryptoJack. The specific amount raised was not disclosed.
Kaskade Finance primarily provides a cross-chain liquidity guidance layer for DeFi protocols and cross-chain networks, using transaction volume-centered incentives to increase the fees of liquidity pools.