Token Offering of Asset Management Platform Factor Raises Roughly $7.6M

First amongst these modifications was growing the liquidity owned by the protocol for the USDC/FCTR pair on Camelot. When collaborating within the token era occasion, customers would deposit stablecoin USDC into the protocol in change for FCTR. Half of the USDC funds raised from the general public sale will now be deployed right into a liquidity pool that’s owned by the protocol. Initially, solely 40% was for use for protocol owned liquidity.