Whetstone completes $1.3 million Pre Series funding round with participation from Uniswap Ventures and others
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星球日报|Feb 12, 2025 07:42
Odaily Planet Daily News: According to official sources, Whetstone announced the completion of a $1.3 million Pre Series funding round, with participation from Variant, Nascent, Credibly Neutral, Uniswap Ventures, Ambush, Figment, and several angel investors.
At the same time, Whetstone has launched the Doppler protocol, allowing projects to guide liquidity without the need for intermediaries or market makers. This audited, permissionless infrastructure layer allows more value to flow towards token projects, achieving deeper Uniswap integration and reducing MEV that harms all users of the protocol. The above is implemented through a complex on chain auction mechanism, where anyone can participate with just a few lines of code. The code has been made public, extensively audited, and launched on Unichain.
In addition, the team will also launch Doppler's first application, Pure, which is a frontend to access Doppler for creating any type of token and exchanging and exploring markets, built by the Uniswap core contributor team.
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