The decentralized exchange Sushiswap is partnering with Gauntlet to optimize token emissions for Onsen pools. Using the Gauntlet Platform, Sushiswap is able to attract volume and users at a much lower cost.
“Gauntlet's work on dynamic-fee Balancer pools is paramount to Balancer V2. We are proud of being close partners.”
The lending protocol Compound used Gauntlet to determine that they could safely scale the total borrowed value on their protocol by as much as 10x with a less-than-1% chance of going default.
Gauntlet Network raises $4.3 million in new funding
Gauntlet Network has raised $4.3 million in a new funding round led by venture firm Paradigm. First Round, IA and Polychain — existing investors in Gauntlet — also took part in the round, as did Standard Crypto.