Carapace: Abbreviated Introduction
As the decentralized finance (DeFi) lending market expands, cryptocurrency lenders are increasingly vulnerable to borrower default risk when funding under-collateralized loans. To accommodate the growth of this market, additional primitives may be necessary.
Carapace Finance is developing a core decentralized finance primitive to promote maturation, capital efficiency, and wider access within the decentralized finance sector. This DeFi primitive is expected to enable a greater variety of investors.
Carapace will initially be rolled out on Ethereum and may later be extended across other blockchains depending on the demand for under-collateralized loans.
California-based research and development firm Starlings Lab is contributing to the development of Carapace. Several investors support the initiative, and the founding team boasts a good blend of technical and managerial expertise.
Currently, users can sign up for the beta version of a test product. However, an official roadmap for the project has yet to be released.
To purchase Carapace in-depth report and to see our full ratings and assessment please contact us at [email protected]
Disclaimer
This Report is for informational purposes only and/or all or any of its content thereof, should not, may not, and will not be taken to constitute, either as a whole or in part, any investment advice or recommendation or similar, regulated, or authorized advice, and D-Core by producing, disseminating, giving away, or making available this Report does not, should not, may not and will not be taken to advise on investments, or carry out any similar activity, or any regulated activity or any other authorized activity. D-Core is not authorized by the Financial Conduct Authority or by any other competent EU or elsewhere or otherwise competent authority to carry out any regulated activities and/or any activities within the scope of these authorities’ competence.
D-Core excludes and disclaims all liability and/or responsibility whatsoever and/or howsoever caused, arising out of any actions, or omissions taken, or made by any authorized and/or other recipient of this Report in reliance on, or arising out of, or in connection with any or all content of this Report. Any authorized and/or other recipient of this Report acknowledges, accepts and agrees that they carry out their own independent research and act in their own sole risk in reading or using any or all information contained in this Report. In any event, recipients of this Report are urged to seek professional advice before making any potential investment decision in relation to the project described herein. Any authorized and/or other recipient of this Report accepts this Disclaimer in full. For the avoidance of doubt, this Disclaimer is binding against any recipient of this Report whatsoever.