Liquidity staking platform aPriori announced the completion of an $8 million seed round financing, led by Pantera Capital.

TechFlow News: On July 25th, according to The Block, aPriori, a MEV-supported liquidity staking platform based on the Monad blockchain, announced the completion of an $8 million seed round of financing led by Pantera Capital, bringing its total funding to $10 million. This funding round also attracted participation from investors such as Consensys, OKX Ventures, CMS Holdings, among others. aPriori is dedicated to building an efficient MEV and liquidity staking architecture to reduce gas fees, optimize network traffic, and provide sustainable incentives for validators. The team chose to build on the EVM-compatible L1 Monad for its high performance and portability.

Lauren Stephanian, a partner at Pantera Capital, stated: "We are excited to support aPriori in building MEV-driven liquidity staking services on Monad. The team's background gives us confidence in their success." Ray, the founder of aPriori, previously held key positions at Jump Crypto and Flow Traders, bringing extensive infrastructure development experience.