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Pac Finance Secures Million Dollar Funding Led by Manifold and Mapleblock

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#DeFi
TechFlow
234Words
Jul 3, 2024

$Pac Finance, a DeFi lending protocol within the Blast ecosystem, has successfully raised a million dollars in funding. The round was led by Manifold and Mapleblock, with participation from Polychain and other angel investors. The newly introduced $Pac Finance 2.0 features a unique Relend system that enhances liquidity aggregation and risk isolation through a tiered market structure, aiming to improve capital efficiency. The funds raised will be used for market expansion, team growth, operational costs, and product development and innovation.

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