Aperture seeks to achieve a lofty goal. The platform has witnessed how the decentralized finance (DeFi) ecosystem has become a $100 billion sector last year. Moreover, it is known that the success of the sector is driven by the endless count of protocols devoted to lending, trading, savings, and investment. Indeed, despite the current market sentiments several investors believe that the industry will continue its astronomic growth. The industry needs to enhance its interoperability and scalability. Experts believe that something should be done to lower barriers to entry.
Aperture promises to simplify DeFi’s complexities
Aperture understands that neophytes in the industry are discouraged by the many pain points and stumbling blocks they encounter. From the hassle of moving assets between blockchains to the numerous bugs buried in smart contract code.
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Hence, the brains behind Aperture focused on simplifying the sector’s complexities and democratizing access to the sector’s finest investment opportunities. Notably, the team behind the project consists of software veterans from Google, AWS, and Netflix.
Aperture’s platform is a cross-chain protocol that provides integrated bridge solutions and a community propelled strategy marketplace geared towards yield farming.
Aperture’s idea received $5.3 million seed
Based in Silicon Valley, Aperture has recently closed a $5.3 million seed and strategic funding round led by quartet of leading investors. These investors include ParaFi Capital, Arrington Capital, Costanoa Ventures and Divergence Ventures.
Besides, the capital also came from several notable hedge funds and family offices operating in the fast-growing cryptosphere. These fund managers include Rarestone Capital, Krypital Group, PrimeBlock Ventures and others.
According to Lian Zhu, co-founder of Aperture, the platform is a DeFi 2.0. And further explained that they look to systematically eradicate the long-standing inefficiencies that have become a hallmark of the industry.
What will the platform bring?
Aperture will enable retail and institutional users to capitalize on the various yield bearing opportunities. Such opportunities exist across the cryptosphere and saves the trouble of obsessively combing through and checking various individual protocols living on different chains.
According to Calvin Liu, in the past year, on-chain investment opportunities have become challenging 100x as strategists now involve multiple chains, advanced financial derivatives and hefty competition with professional firms. Hence the firm has built an industry leading cross-chain strategy development platform for democratizing access to the best risk-quantified opportunities.
Source: https://www.thecoinrepublic.com/2022/02/10/aperture-as-the-app-store-of-decentralized-applications/