Whetstone completed a $1.30 million Pre-Seed round of financing, with participation from Uniswap Ventures and others.
Powered by ChatGPTOdaily Planet Daily reported that Whetstone has announced the completion of a $1.30 million Pre-Seed funding round, with participation from Variant, Nascent, Credibly Neutral, Uniswap Ventures, Ambush, Figment, and several angel investors.
Meanwhile, Whetstone has launched the Doppler protocol, which allows projects to guide liquidity without the need for intermediaries or market makers. This audited, permissionless infrastructure layer enables more value to flow to token projects, achieves deeper integration with Uniswap, and reduces MEV that harms all users of the protocol. This is accomplished through a complex on-chain auction mechanism, and anyone can participate with just a few lines of code. The code has been made public, extensively audited, and has been launched on Unichain.
Additionally, the team will launch the first application on Doppler, called Pure, which is a front-end access point to Doppler for creating any type of token, as well as for exchanging and exploring the market, built by the core contributors of Uniswap.