Top VCs participate in EYWA’s seed round led by Curve Founder

EYWAa consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it ushers in a new era of Web3 interoperability.

The investment was led by Curve Finance founder Michael Egorov, and the project recently welcomed two new backers: Fenbushi Capital and GBV Capital. They participated in the seed round along with Big Brain Holdings, Marshland Capital, Mulana Capital, and others.

EYWA and Curve are working together to develop a trustless bridge that relies on consensus on the most trusted messaging protocols available, eliminating reliance on a single bridge to move large liquidity positions.

Michael Egorov says: “EYWA builds a very interesting solution. This is not your typical bridge. They solve the problem of liquidity fragmentation between chains by creatively constructing a curved meta pool and a real bridge. It is magical that one liquidity pool operates across multiple chains. , and it’s exciting to see that Curve AMM is at the heart of this magic.”

The keys to this quest to make cross-chain magic a reality are: intersection curve — An innovative DEX designed through a partnership between EYWA and Curve.

This facilitates low-slip cross-chain swaps of a variety of asset classes, supported by Curve’s deep liquidity worth billions of dollars. CrossCurve supports seamless transfer of a variety of token types, from stable coins to liquidity providers and liquid staking tokens.

The overall goal is to reshape the DeFi landscape, make cross-chain transfers more intuitive and less painful, and create a one-stop shop for traders.

Major blockchains including Ethereum, BSC, Polygon, Avalanche, Arbitrum, and Optimism are now under one roof, with more support planned.

gain momentum

New funding comes hot on the heels of EYWA winning the Start In Block competition. Paris Blockchain Week — and took first place.

EYWA beat off competition from over 800 high-potential Web3 startups to present on the Master Stage to hundreds of conference attendees.

The project is now advancing to the next round of hit show Meet The Drapers. Here, aspiring entrepreneurs compete to win $1 million in funding from billionaire investor Tim Draper and a panel of guest judges.

Additionally, the EYWA Adventure Quest is ongoing. Participants will have the opportunity to win $50 million in EYWA prize money.

There are several ways to participate in this airdrop.

• At CrossCurve, 1 point is earned for each dollar of trading volume generated through swap.

• Those who provide liquidity to the CrossCurve pool can earn up to 5 points per day and 50% of swap fees.

• exclusive EYWA NFT You can also earn them by completing tasks in Galxe, named after iconic explorers including Vasco da Gama, Christopher Colombus, and Marco Polo.

• If you refer someone to join CrossCurve, you’ll get a share of those points too.

The native $EYWA token has not been released yet, but the token creation event date will be announced soon.

About EYWA

EYWA Eliminate dependence on a single bridge by leveraging the consensus of the most trusted bridges on the market. Together with Curve, we also created CrossCurve, which connects over $2 billion of liquidity from various blockchains into a unified cross-chain marketplace.

You can follow EYWA here. Twitter (X), telegram, Dissension, middle and linkedin.

For more information, please contact:

Faraj Abutalibov, CBDO and EYWA co-founder

(email protected)