Liqwid Labs, the developer of the lending protocol Liqwid Finance on Cardano, completes $2.7 million in financing

Liqwid Labs, the developer of Liqwid Finance, a lending agreement on Cardano, has completed a $2.7 million seed round led by cFund, with participation from Shima Capital, Animoca Brands, Altonomy, Genblock Capital, Optim Finance, Double Peak Group, and Bitrue. Liqwid Labs stated that the LQ tokens used in this round of financing come from the core team and advisors, and will not dilute the amount of tokens that will be distributed to the community.