2021-06-09 19:00:47
Doing our best to ship out 1 project review each day! Uniswap Early Calls Access #158 Divergence
Telegram: @divergenceprotocol
Introduction:
Divergence is a decentralized platform for volatility hedging and trading with a focus on blockchain native asset prices, value of LP tokens, interest rates, DeFi farming and staking rewards.
Visit https://www.divergence-protocol.com and Medium to learn more.
Key metrics:
• Hardcap: ~$3,600,000
• Initial marketcap at TGE: ~$2,712,500 (77.5M tokens)
• Seed: $0.018 (15% at TGE, remaining quarterly vesting for 1 year)
• Private: $0.025 (20% at TGE, remaining quarterly vesting for 1 year)
• Strategic: $0.035 (20% at TGE, remaining quarterly vesting for 1 year)
• Public/IDO: TBA
Due diligence:
• We are investors in the private round.
• Strong list of strategic investors/backers to-date includes: Funding led by Mechanism Capital and KR1; joined by Nothing Research, Focus Labs, Arrington Capital, HashKey Capital, Youbi Capital, and others. (VC backers)
• Angel investors include Do Kwon from Terra Labs, Diane Dai from DoDo, Sandeep Nailwal from Polygon, Igor Barinov from xDai, and others.
• Divergence has a strong team with various background including Bitmax, Huobi, CPM Group, investment banking and others.
• Moderate initial marketcap of ~$2.71M to start; but with the overall (high) proposition of the project, room for upside potential is possible.
How to participate:
Stay tuned for their public round.
Stay tuned at our TG for more news:
Divergence: @divergenceprotocol
UniswapEarlyCalls: @UniswapEarlyCalls
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