Top VCs Join EYWA’s Seed Round Led by Curve Founder
EYWA,
a
consensus
bridge
that
secures
transactions
across
multiple
protocols,
has
raised
a
total
of
$7
million
as
it
delivers
the
new
era
of
Web3
interoperability.
The
investment
has
been
led
by
Curve
Finance
founder
Michael
Egorov
—
with
the
project
recently
attracting
two
new
backers:
Fenbushi
Capital
and
GBV
Capital.
They
joined
a
seed
round
alongside
Big
Brain
Holdings,
Marshland
Capital,
Mulana
Capital
and
others.
EYWA
and
Curve
are
working
together
to
develop
a
trustless
bridge
that
relies
on
a
consensus
of
the
most
reliable
messaging
protocols
available
—
eliminating
dependence
on
a
single
bridge
for
moving
large
liquidity
positions.
Michael
Egorov
says: “EYWA
builds
a
very
interesting
solution
—
it’s
not
just
your
typical
bridge.
They
solve
the
problem
of
liquidity
fragmentation
between
chains
by
creatively
composing
Curve
meta
pools
and
the
actual
bridge.
Having
one
liquidity
pool
working
across
multiple
chains
sounds
like
magic,
and
it
is
exciting
to
have
Curve
AMMs
in
the
core
of
this
magic.”
At
the
heart
of
this
quest
to
make
cross-chain
magic
a
reality
is CrossCurve —
an
innovative
DEX
conceived
through
EYWA
and
Curve’s
partnership.
It
facilitates
low-slippage
cross-chain
swaps
of
various
asset
types,
supported
by
Curve’s
deep
liquidity
in
the
billions
of
dollars.
CrossCurve
supports
the
seamless
transfer
of
multiple
token
types
—
from
stablecoins
to
liquidity
provider
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
support
planned
for
more.
Gaining
momentum
The
fresh
funding
comes
hot
on
the
heels
of
EYWA
winning
the
Start
In
Block
competition
at Paris
Blockchain
Week —
and
coming
in
first
place.
EYWA
saw
off
competition
from
more
than
800
Web3
startups
with
high
potential,
and
pitched
in
front
of
hundreds
of
conference
attendees
on
the
master
stage.
The
project
is
now
advancing
to
the
next
round
of
the
popular
show
Meet
The
Drapers,
where
aspiring
entrepreneurs
battle
it
out
to
win
$1
million
in
funding
from
billionaire
investor
Tim
Draper
and
a
panel
of
guest
judges.
What’s
more,
the
EYWA
Adventure
Quest
is
underway
—
giving
participants
a
chance
to
win
a
share
of
50
million
$EYWA.
There
are
several
ways
of
getting
involved
in
this
airdrop.
-
One
point
is
earned
for
every
dollar
of
trading
volume
generated
through
swaps
on
CrossCurve -
Those
who
provide
liquidity
to
CrossCurve
pools
can
also
earn
up
to
five
points
a
day
—
as
well
as
50%
of
the
swap
fees -
Exclusive EYWA
NFTs can
also
be
earned
by
completing
tasks
on
Galxe,
which
are
named
after
iconic
explorers
including
Vasco
da
Gama,
Christopher
Colombus
and
Marco
Polo -
Referring
others
to
join
CrossCurve
means
you’ll
receive
a
share
of
their
points,
too
The
native
$EYWA
token
is
yet
to
launch,
but
a
date
for
the
token
generation
event
is
set
to
be
revealed
soon.
About
EYWA
EYWA eliminates
reliance
on
a
single
bridge
by
utilizing
a
consensus
of
the
most
reliable
bridges
on
the
market.
In
conjunction
with
Curve,
it
has
also
created
CrossCurve,
which
connects
more
than
$2
billion
of
liquidity
from
different
blockchains
into
a
unified
cross-chain
market.
You
can
follow
EYWA
on Twitter
(X), Telegram, Discord, Medium and LinkedIn.
For
more
information,
please
contact:
Faraj
Abutalibov,
CBDO
and
co-founder
of
EYWA
Michael
Egorov
[email protected]
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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