Sense Finance raises $5.2 million Sense Finance, the compan | NFT News

Sense Finance raises $5.2 million

Sense Finance, the company behind the upcoming Sense protocol, has raised $5.2 million in an initial funding round led by Dragonfly Capital with Robot Ventures and Bain Capital.

The protocol allows trading of fixed interest rates and future yields on all income assets in decentralized finance (DeFi) markets by separating assets into principal and income components and packaging them as "Zeros" and "Claims." These packages allow users to earn or borrow at a fixed rate and trade with future returns.

According to Kenton Prescott, yield curves, which are considered critical infrastructure in traditional finance, are poorly understood in decentralized financial markets and are key to DeFi's long-term maturity.