InstaDApp, a startup that runs a lending portal focused on decentralized finance (DeFi), raised $2.4 million in a seed round led by Pantera Capital and Coinbase Ventures. InstaDApp Streamlines Complex Transactions The startup’s platform aggregates major protocols through a smart wallet layer and intermediate or bridge contracts. Specifically, the smart wallet acts as a layer between the user interface and blockchain protocols. Thus, it simplifies complex transactions like lending, implementing leverage and switching debt positions.Read MoreThe post InstaDApp Secures $2.4M in Seed Round Led by Pantera appeared first on Bitcoinist.com.
