USD 26 million to make DeFi accessible to everyone

Grizzly.fi is a Swiss startup founded in 2021 by a group of DeFi enthusiasts with backgrounds in marketing, design, business development and IT. Following their passion for liquidity mining, the founders learned how to make gains in a bear market and wanted to enable everyone to benefit from this opportunity. Liquidity mining is the process of lending assets as liquidity to a decentralized exchange in return for rewards. While the DeFi sector has been growing exponentially over the last few years, the onboarding process is still complicated, risky and time-consuming, which scares aware aspiring investors.

Focus on usability, security, and scalability, Grizzly.fi built a Yield Farming platform that simplifies investing in the best opportunities in the DeFi space. After 18 months of developing, planning, and creating meaningful partnerships, the Grizzly.fi platform is now operational. Having completed 5 Cybersecurity audits, including Hacken.io, the company has put great importance on its security. The launch is officially the best performing launch in history on the Binance Smart Chain without a launchpad. They collected four times more than the previous record holder on the Binance Smart Chain, making them the 10th biggest BNB holder.

Andres Soltermann, Co-founder of Grizzly.fi said "The journey has been incredible so far. What started as a vision to 'Make DeFi accessible to everyone is now finally taking shape. We will continue to build and break barriers to eventually reach mainstream adoption. In this process, our focus lies on utility, user experience, and security. People can use our platform to earn stable yields with the greatest user experience possible."

The startup has collected $26 million in their so-called Community Fair Launch. The innovative launch strategy used by the company attracted the attention of many high-profile DeFi investors. The funds will enable Grizzly.fi team to continue building out its Ecosystem to accelerate the mass adoption of DeFi and improve their product offering.

(Press release/RAN)