A major challenge in the current DeFi landscape is the limited variety of products, which can deter potential new users or force them into options that don’t align with their preferred risk-return profiles. Additionally, liquidity fragmentation further complicates the introduction of innovative products.
Plaza Finance, the first decentralized platform for programmable derivatives, addresses these issues by allowing the creation of custom financial products that can be easily traded and used across different platforms, while maintaining strong liquidity through the ability to redeem those custom products back for an underlying liquid token. This opens up endless possibilities for innovation in DeFi, making it easier for users to access and manage financial tools that suit their needs.
With backing already from Anagram, Interop Ventures, Cosmostation, Skip, and Ambush Capital, Cosmos Hub’s Venture Funding is thrilled to join in by investing $100,000 in Plaza’s early pre-seed round. This investment underscores the venture funding arm’s commitment to further enhancing the Cosmos Hub and Atom Economic Zone (AEZ), supporting a new wave of DeFi innovation.
