Valora is a mobile-first crypto wallet focused on intuitive user experience, making digital assets easy to use and accessible. It has no formal governance process or native token. In July 2021, Valora raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Polychain Capital, SV Angel, Valor Capital Group, NFX, and Nima Capital.
Gyroscope is developing GYD, a decentralized, noncustodial stablecoin fully backed by diversified assets in smart contracts. Governed on-chain by the Gyroscope DAO, the community can propose and vote on changes. The stablecoin maintains a 100% reserve ratio with 1 USD worth of collateral per GYD. Gyroscope raised $4.5 million in seed funding, co-led by Placeholder VC and Galaxy Ventures.
DeFiLlama provides transparent, real-time data on over 3,000 DeFi projects across 240+ blockchains, helping users make informed decisions. Its open-source approach encourages community collaboration to ensure accurate and comprehensive analytics. DeFiLlama operates without a formal governance structure, does not have a native token, and is self-funded through various grant initiatives.
Perpetual Protocol distinguishes itself in the DeFi space by offering unique perpetual futures contracts. The platform's governance, driven by PERP token holders, combines community input with team oversight, encompassing a detailed process from proposal to vote, ensuring democratic decision-making. Financially, Perpetual Protocol has shown strength, raising $1.8 million in August 2020 from notable investors, including Multicoin Capital and Three Arrows Capital, showcasing its market credibility and potential for growth in the DeFi space.
