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Ethereum funding protocol SUPERFLUID completes strategic financing of 5.1 million US dollars.

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TechFlow
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Feb 23, 2024

The Ethereum fund flow protocol SUPERFLUID has completed a strategic financing round of $5.1 million, led by FABRIC VENTURES, with participation from MULTICOIN CAPITAL, CIRCLE VENTURES, SAFE FOUNDATION, THE LAO, TAAVET+STEN, and other companies. Launched in 2021, the SUPERFLUID protocol aims to enable decentralized autonomous organizations and other crypto projects to pay recurring salaries and rewards in single-chain transactions through its "SUPER TOKENS". SUPERFLUID recently introduced a "Distribution Pool", which is a fund pool that can be allocated to multiple recipients.

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