Slope Finance announced that it has recently raised $2.3 million in a seed funding round by Alameda Research, Solana Capital, GSR, Rarestone Capital, SkyVision Capital, Fundamental Labs, NGC Ventures, Signum Capital, Ausvic Capital, 0xVentures and Krypital Group.

This is seen as an important milestone for the team to continue to actively explore and cultivate the Solana ecosystem.

Slope Finance plans to use the capital to:

  1. Expand the team
  2. Update the cross platform Slope Wallet
  3. Upgrade Slope DEX, the first Serum-based mobile end decentralized exchange.

According to the technical lead of the Slope team, the Solana infrastructure has seen a continued improvement. Slope hopes to seize the opportunity of making its product portfolio the key gateway into the Solana ecosystem through excellent user experience as well as rich services and content.

Over the next few days, the Slope team expects to share more about its ongoing projects, including the latest development of partnerships and products such as Slope Wallet and Slope DEX. 

About Slope

Slope is a community-based decentralized exchange built on Solana. It provides blazing-fast speed, nearly zero transaction fees, choices of trading bots and an intuitive interface for users. 

Slope DEX is the first Serum-based mobile app with a decentralized automated full limit orderbook. It provides an excellent experience with an interface familiar to centralized exchanges. 

Slope Wallet, as an indispensable component of Slope DEX, is the first cross platform wallet built for Solana and is available in the App Store, Google Play and Chrome extension now. It provides Slope DEX and Slope NFTs Market users a complete user experience including visualized nonfungible token management. 

Slope is governed by Slope DAO (decentralized autonomous organization) and all community members who hold Slope tokens can participate in project governance.

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