Gradient Protocol Unveils Plans for Exciting Second Funding Phase With Fjord Foundry Following Successful Seed Round

General

Gradient
Protocol is
pleased
to
announce
its
second
funding
phase
taking
place
on
Fjord
Foundry,
after
a
successful
conclusion
of
the
private
seed
round.
The
primary
aim
of
the
protocol
will
be
to
innovate
within
the
liquid
staking
space
by
developing
a
platform
to
enable
safe,
streamlined,
and
scalable
staking
solutions
across
a
multitude
of
TAO
subnets.

The
protocol
intends
to
bring
about
a
liquid
staking
ecosystem
in
the
Bittensor
network
by
deploying
specialized
validators
to
different
subnets.
Gradient’s
efforts
at
diversifying
its
validation
processes
seek
to
bring
increased
stability
to
the
system,
maintain
a
stable
return
on
investments
for
its
users,
and
augment
the
system’s
validator
performance.

The
proceeds
from
the
second
funding
round
will
be
used
to
scale
up
the
protocol’s
validation
capacity,
open
up
new
validators,
fund
the
liquidity
of
the
GDT
token,
and
support
marketing
and
developmental
activities
to
strengthen
the
protocol’s
growth.

The
TGE
of
Gradient
is
set
to
define
how
liquid
staking
platforms
could
operate
on
the
TAO
network
moving
forward
while
offering
in-house
validator
slots,
revenue-sharing,
liquid
staking
and
a
native
token
all
at
once
from
the
launch
of
the
platform.
Gradient
will
lead
by
example
within
the
liquid
staking
space
when
it
comes
to
decentralization,
transparency
and
community
governance.

Gradient
Protocol
is
aiming
to
cement
their
position
as
a
novelty
liquid
staking
platform
on
the
Bittensor
network
through
its
second
funding
round
on
Fjord
Foundry,
aiming
to
diversify
network
validation
processes,
bootstrap
liquidity
for
its
token,
GDT,
and
transition
to
a
platform
that
is
more
decentralized,
transparent,
and
governed
by
the
community.

Through
its
ongoing
expansion,
Gradient
aims
to
establish
a
new
standard
of
transparency
and
decentralization
in
the
liquid
staking
domain.

About
Gradient:

Gradient
Protocol
developed
from
an
innovative
vision
to
set
the
stage
for
the
liquid
staking
landscape
within
the
Bittensor
network.
By
leveraging
the
power
of
decentralized
staking
methods,
Gradient
aspires
to
offer
a
sustainable,
high-yielding,
and
truly
decentralized
platform.
The
protocols
growth
is
marked
by
significant
milestones
in
network
validation
diversity,
and
highlights
its
potential
to
further
substantiate
the
growth
of
the
TAO
network
as
a
whole.