USS Middlesex County (LST-983)

Asymmetry Finance Raises $3M Seed Round to Solve Centralization Threat to the Ethereum Ecosystem

Retrieved on: 
Tuesday, May 16, 2023

Asymmetry offers an immediate solution to the scalability and centralization challenges facing the Ethereum LST market.

Key Points: 
  • Asymmetry offers an immediate solution to the scalability and centralization challenges facing the Ethereum LST market.
  • “Staking on Ethereum is essential for securing, scaling, and sustaining the network,” said Justin Garland, co-founder of Asymmetry Finance.
  • We have partnered with Asymmetry Finance because of their dedication to decentralizing the Ethereum liquid staking ecosystem.
  • Central to the Asymmetry Finance protocol is its flagship project, Simple Asymmetry Finance Ethereum (safETH), which aims to deliver consistent yield to users in a safe and efficient manner.