\nWeb3

What to know:
- YO Labs has raised $10 million to expand its crypto yield optimization platform, YO Protocol, across multiple blockchains. (Yes, it’s as complicated as it sounds. 💸)
- The protocol “automates” yield generation by rebalancing capital across DeFi protocols while factoring in risk. (Who needs sleep when you can let a robot panic in your stead?)
- The funding will improve the protocol’s infrastructure. (You know the rush? Checking if your yield’s still not zero.)
YO Labs, the DevLA (Development Lab of Awkward?) behind YO Protocol, just slammed a $10 million Series A round with a mix of VCs who are either really into crypto or desperate for a return. 🤷♂️
Foundation Capital led the charge, joined by Coinbase Ventures, Scribble Ventures, and Launchpad Capital. (Coinbase: bringing you the future of finance-or at least a confusing dashboard.)
Plans for the cash? Taking their “Crypto Yield Optimizer” from “meh” to “high flying” (though we’ve all learned to take \’bull markets\’ with a grain of salt by now). 🛫
YO Protocol helps users earn yield by rebalancing funds across DeFi protocols. It even offers yield on gold-based assets. (Gold? eGold? Deep web gold? We’re all just speculating in the dark.)
Unlike most DeFi platforms that stick to one blockchain, YO’s system spans “across chains.” Or in plain English: “We moved the crypto to a different galaxy and called it \’strategic diversification.\’ 🌌
To mitigate cross-chain security risks? YO Labs created “embassies”-weirdly diplomatic vaults holding native assets on each blockchain. (Blockchain diplomats. 3/10 on fashion but solid trustless treaties. 🏰)
Oh, and their co-founder explained that bridges are risky, so they opted for “independent vaults” instead. (Newsflash: You trying to save our money from black holes? 🌪️)
They also use a “DeFi Graph” to manage risks during market chaos. (Never a dull moment when your app’s contingency plan is for “Armageddon scenarios.” 🌑)
Total funding now? $24 million. (That’s just enough to still not matter when your NFT drops to $0.0000001. 😬)
\n
Web3
What to know:
- YO Labs has raised $10 million to expand its crypto yield optimization platform, YO Protocol, across multiple blockchains. (Yes, it’s as complicated as it sounds. 💸)
- The protocol “automates” yield generation by rebalancing capital across DeFi protocols while factoring in risk. (Who needs sleep when you can let a robot panic in your stead?)
- The funding will improve the protocol’s infrastructure. (You know the rush? Checking if your yield’s still not zero.)
YO Labs, the DevLA (Development Lab of Awkward?) behind YO Protocol, just slammed a $10 million Series A round with a mix of VCs who are either really into crypto or desperate for a return. 🤷♂️
Foundation Capital led the charge, joined by Coinbase Ventures, Scribble Ventures, and Launchpad Capital. (Coinbase: bringing you the future of finance-or at least a confusing dashboard.)
Plans for the cash? Taking their “Crypto Yield Optimizer” from “meh” to “high flying” (though we’ve all learned to take ‘bull markets’ with a grain of salt by now). 🛫
YO Protocol helps users earn yield by rebalancing funds across DeFi protocols. It even offers yield on gold-based assets. (Gold? eGold? Deep web gold? We’re all just speculating in the dark.)
Unlike most DeFi platforms that stick to one blockchain, YO’s system spans “across chains.” Or in plain English: “We moved the crypto to a different galaxy and called it ‘strategic diversification.’ 🌌
To mitigate cross-chain security risks? YO Labs created “embassies”-weirdly diplomatic vaults holding native assets on each blockchain. (Blockchain diplomats. 3/10 on fashion but solid trustless treaties. 🏰)
Oh, and their co-founder explained that bridges are risky, so they opted for “independent vaults” instead. (Newsflash: You trying to save our money from black holes? 🌪️)
They also use a “DeFi Graph” to manage risks during market chaos. (Never a dull moment when your app’s contingency plan is for “Armageddon scenarios.” 🌑)
Total funding now? $24 million. (That’s just enough to still not matter when your NFT drops to $0.0000001. 😬)
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2025-12-14 18:30