Whetstone Completes $1.3 Million Pre-Seed Round of Financing, with Uniswap Ventures and Others Participating

Odaily Planet Daily News According to official news, Whetstone announced the completion of a $1.3 million Pre-Seed round of financing, with Variant, Nascent, Credibly Neutral, Uniswap Ventures, Ambush and Figment and several angel investors participating. At the same time, Whetstone launched the Doppler protocol, allowing projects to guide liquidity without the need for middlemen or market makers. This audited, permissionless infrastructure layer allows more value to flow to token projects, enables deeper Uniswap integration, and reduces MEV that harms all users of the protocol. The above is achieved through a complex on-chain auction mechanism, and anyone can participate in it with just a few lines of code. The code has been made public, has been extensively audited, and has been launched on Unichain. In addition, the team will also launch the first application on Doppler, Pure, which is a front-end for accessing Doppler for creating any type of token and exchanging and exploring markets, built by a team of Uniswap core contributors.