Delta One Raises $9.1M in Seed Funding
- Delta One, a San Francisco, CA-based provider of a Solana-based DeFi protocol, raised $9.1M in Seed funding
- The company intends to use the funds to help support of core development and ecosystem growth for projects looking to integrate with the protocol
- DeltaOne is a yield generation protocol on Solana that packages complex yield generation strategies into user-friendly structured products
- Its automated delta-neutral strategies require little to no active management, while offering attractive risk-adjusted yield to users
- The protocol has amassed a waitlist of over 100,000 participants since its inception at the Solana Ignition Hackathon in October 2021
