Hashed & Delphi Ventures Co-Lead Seed Round for Reactor.Money Terra’s Omni Booster
We are thrilled to announce our seed round fund-raise. This round is co-led by Hashed and Delphi Ventures, with participation from GT Capital. Reactor is looking to build the optimized yield platform on Terra.
All three of our investors have shown tremendous support across the Terra ecosystem, from Hashed being the earliest investor of Terra to Delphi building Astroport (the meta AMM) and Mars (the pioneer undercollateralized lending protocol), and GT Capital who are comprised of individuals with immense passion from the Terra community like ourselves. It is our honor to have them on board.
We are building a yield optimization platform that will help power the next generation of DeFi products on Terra. Why is it needed? Terra is a blockchain revolutionizing the financial ecosystem powered by algorithmic and scalable stablecoins pegged to real-world fiat currencies. With Reactor, we are creating a platform with a simple and easy-to-use interface that allows you to boost rewards on the Terra blockchain.
All seed round investors and teams have a 3-year vesting period with a 1-year cliff and 2 years linear vesting on a monthly basis. We’re looking forward to building Reactor and will continue expanding our support to more Terra projects in the near future.
We also want to thank both our investors for spending countless hours discussing and giving us valuable advice on our tokenomics and engineering design process. Special shoutout to the people who helped us out along the way! @stablekwon, @cptn3mox, @mcantieri, @mc_ust, @qubitn8, @TheRyanLion, @terranaut and many folks at Delphi Venture. We will continue this collaborative effort with them as we build the best yield-boosting product.
Hear more from our angel!
I think Anchor will benefit from the boosted yields derived from adopting a ve-structure. veANC is one of the efforts I’m most excited about in 2022 and Reactor will help supercharge it. — Matt Cantieri, General Manger of Anchor Protocol
We will be launching very soon, so do follow us for more information and updates:
Twitter:
https://twitter.com/reactor_money
Website:
Discord:
https://bit.ly/reactordiscord
Telegram Announcement:
https://t.me/RCTannouncement
