The eyes of venture capital firms are now all on the cryptocurrency market as the unprecedented bullishness of the sector shows no signs of slowing down in the past few years.
And Youbi Capital is by no chance to steer away from the trend. The firm has made an investment into Bunicorn — an automated market-making decentralized exchange currently on the Binance Smart Chain network. Bunicorn combines the best solutions of existing AMM platforms into a single seamless UI that addresses all of the remaining issues and beyond. Bunicorn and Youbi Capital’s partnership shall facilitate the movement of a more efficient and transparent cryptocurrency market in the very near future.
Youbi Capital is among the big crypto funds that actively contribute remarkable liquidities to popular Defi platforms worldwide like Uniswap, Synthetix, and more. As part of Bunicorn’s plan to the market, the firm is very positive in increasing the initial TVL for Bunicorn as long as the due diligence goes well.
The founder of Bunicorn, Phuc Nguyen, states that the partnership with Youbi Capital is “paramount to the booming development of Bunicorn”, and it has been phenomenal to be reinforced by Youbi Capital during this extraordinary and adventurous journey.
About Youbi Capital
Youbi Capital was founded by senior investment professionals from Wall Street, owners of top bitcoin mining pools, and veteran crypto investors. Their mission is to “create long-term value in the blockchain ecosystem” by investing in next-generation blockchain technologies and truly disruptive decentralized business applications. Youbi forms strategic partnerships with those promising blockchain project teams to help them grow and prosper. Some of the projects under Youbi Capital’s portfolio include Polkadot, Avalanche, Chainlink, AAVE, Synthetix, Republic, Algorand.
Learn more about Youbi Capital:
Bunicorn is an automated market-making decentralized exchange that is built on the Binance Smart Chain (BSC). Bunicorn inherited all of BSC’s strengths while being powered with advanced features.
- Flexible AMM pools with up to 8 tokens, any weights.
- Amplified pools that allow swapping between stablecoin pairs with lower slippage and higher capital efficiency.
- Smart order routing that automatically splits your swap across several pools for optimized price.
- Dynamic fees adjusted based on the underlying volatility.
- Liquidity providers can also join multi-token pools with a single asset.
- New innovative yield farming model that vests the earned reward and wraps them into NFT collectibles .
Learn more about Bunicorn: