Sparkfi is a DeFi platform in the Sky (ex-MakerDAO) ecosystem that focuses on moving large amounts of stablecoin liquidity where it earns the best risk-adjusted return. Its three live products are SparkLend (a DAI/USDS-centric money market), Spark Savings (a non-custodial savings vault that pays the Sky Savings Rate) and the Spark Liquidity Layer, which allocates stablecoins directly into other protocols and networks.
Blockroll simplifies payroll and financial management for remote teams and freelancers with features like cross-border payments, multicurrency wallets, virtual debit cards, and smart invoicing. Its seamless and secure solutions help businesses efficiently manage global talent. Blockroll operates without a formal governance structure, does not have a native token, and is entirely self-funded.
Layerswap provides a fast and cost-effective solution for transferring crypto assets across multiple networks and exchanges, reducing fees and transaction times while simplifying the bridging process. It operates without a formal governance structure or a native token. Layerswap has raised a total of $4 million across three funding rounds, with the latest being a $2.5 million seed investment on November 10, 2022.
Yearn Finance optimizes DeFi yield farming through products like Vaults and Earn, automating strategies to maximize user profits while minimizing complexity and gas costs. Governed by YFI token holders, proposals for protocol changes start on the Yearn Finance forum and require over 50% YFI holder approval to pass. The revamped tokenomics introduce a Vote Escrow mechanism for YFI stakers. Founded by Andre Cronje, Yearn Finance did not raise funds or reserve tokens, operating uniquely without private or public funding rounds.
