Teahouse Finance raised $5 million in its recent funding round to solve DeFi’s concentrated liquidity problem, according to its recent funding announcement.
The project team stated that the $5 million would be spent on multiple vault products that are currently being developed.
One of these vaults is an enterprise-level Private Vault that is designed to dedicate smart contracts for each individual investor. It will primarily target organizational users like traditional funds, DAOs, and family offices. One vault will be dedicated to one organization and will only allow the verified representative to interact with it.
Another one that is currently in the development stage is the Permissionless Vault, which the Teahouse team is tailoring in a way to allow the users to enter and exit at any given time without restraints.
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