VanEck-backed Superform Launches DeFi Product for 'Intelligent' USDC Yield

Quick Summary:

Superform, backed by Circle and VanEck, has launched a product that automatically finds yield opportunities in DeFi.

Circle Ventures participated in Superform’s $6.5 million Seed funding round in November 2022, which was led by Polychain Capital and saw participation from BitMEX co-founder Arthur Hayes.

Arun explained that SuperVault automatically allocates digital assets to create opportunities, utilizing an algorithm optimized on the platform’s data.

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Article Details

Author / Journalist: André Beganski

Category: Crypto

Markets: EstoniaPeru

Topics: Vaneck Yield Stablecoins DeFi Circle USDC DeFi Superform

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 14:01:02 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 627 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 24377891

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 14 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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