Investing in Unstable

We're excited to announce our investment in Unstable, a LST/LRT native lending protocol.

Regan Bozman
, 
03
.
24

Ethereum staking - and soon to be restaking - has become a cornerstone of crypto’s most vibrant economy. LST’s like Lido and a new crop of LRT’s have compounded this growth by making (re)staked tokens composable throughout DeFi.

As this market has grown, it has also fragmented. Some users prefer the decentralization ethos of RocketPool’s rETH. Others prefer the easy UX of Coinbase’s cbETH. There are dozens of LST’s and there are dozens more LRT’s.

Unstable Protocol’s LRTfi-native lending protocol is a core building block of the LRT economy. By leveraging Succinct Labs’ zk Oracles, Unstable will be able to support any LST or LRT on day one. This means that they can move dramatically faster than any lending protocol using Chainlink or other market oracles.

Unstable will serve as the day-one leverage layer for staked and restaked Ether. The team launched their testnet yesterday and will be on mainnet soon. We’re excited to back the team.

‍

Regan Bozman
, 
03
.
24

Don’t Miss Our Latest News

Subscribe to our newsletter and get all the news from Lattice.
No spam, we promise.

Thank you!

Your message was sent sucessfuly.

Oops! Something went wrong while submitting the form.

Read More

Investing in xToken

We're excited to announce that we've co-led a $2M round into xToken, alongside their existing investors. xToken is an on-chain asset management platform that offers passive and composable DEFi strategies. Their initial product focused on liquid staking derivatives of popular ERC20 tokens, but they've since expanded into Uniswap V3 LP strategies (and so much more!)

Lattice
, 
12
.
21

How Hashflow used Project Galaxy to turbo-charge to $600M of trading volume

Growth in Web3 is a challenge; Web3 has no app stores, no targeted Facebook ads, no email marketing, no re-marketing, no affiliate marketing...yeah, you get it. The tools relied upon by Silicon Valley growth marketers over the past decade have largely evaporated in our industry, and we've been left with only a couple arrows in the quiver. Beyond meme contests and an active Twitter account, Web3 teams have relied mainly on token incentives for early adopters. Using tokens as an incentive, while successful in some instances, is more recently being called into question as it has trained parasitic behavior as users rush into projects with liquidity to earn tokens only to dump them and when the incentives dry up, say goodbye to those users.

Lattice
, 
11
.
21

The Web3 Growth Playbook

Interest in Web3 has exploded over the past twelve months. NBA superstars are paying six-figures for NFT's and proudly displaying them. OpenSea is doing more volume than Etsy. The fastest growing game in the world runs on Ethereum. While this surge in interest has driven new users into the space, usage of crypto products still dwarfs that of their predecessors.

Lattice
, 
10
.
21