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Makscrypto1983
Makscrypto1983 @Makscrypto · 2 г. назад

Bungee Exchange

https://www.bungee.exchange/

Bungee is a bridge aggregator built on the SocketLL by the Socket team. Bungee shows users all the routes to seamlessly move Token A on Chain X to Token B on Chain Y and helps them choose the best possible route to bridge. It also considers any token swaps that may be needed while bridging. The team has raised $5,000,000 in their seed round with the potential to raise millions more as their APIs have processed over $450M in transactions, they have recently alluded to a potential airdrop so there’s no harm in participating as the bungee exchange is still in beta and is currently tokenless.

Advantages

Tokenless Protocol: Potential Airdrop as the protocol is currently tokenless

Less Users: The opportunity isn’t hyped so potentially less users and a larger prize pool for participants

Funding: Raised $5M from Tier-1 VCs

Disadvantages

No clear decentralization plans: The team has only alluded with a tweet towards a potential airdrop

Requires use of real funds: Will require you to bridge and do volumes of $ transactions

Funding:

Total Amount Raised - $5,000,000

Seed Round - $5,000,000

Led by Framework Ventures. Other Investors were Coinbase ventures, Nascent Ventures , egirl capital, Lightspeed Ventures partners, Archetype,Fourth revolution capital, Mark Cuban.

Missions:

1. Bridge

2. Refuel

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