Mangata Finance’s Polkadot-based Efficient, MEV-Free DEX Coming June 6th

Mangata Finance’s Polkadot-based Efficient, MEV-Free DEX Coming June 6th


Mangata Finance, the Polkadot-based DEX, is all set for launch on June 6th.

Recently, it had a successful crowdloan that was closed in just under an hour that secured it a slot on Polkadot’s innovation network Kusama. Over $2 million in value was bonded through the crowdloan, a process of staking Polkadot (DOT) tokens to support a specific project in the Polkadot Slot Auction, in return for which participants receive rewards from the projects.

The project also raised $4.2 million in equity, which came shortly after the launch of its first blockchain on the Kusama network, which raised the Polkadot startup’s valuation to $60 million. New investors including Signum Capital, IVC, Figment, ZMT Capital, AngelDAO, and Paribu Ventures joined the returning investors Altonomy, Polychain, and

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