What is Valantis
Decentralised exchanges (DEXes) have come a long way in the blockchain ecosystem, offering endless opportunities for liquidity provision, yield farming, staking, lending, and borrowing, enabling users and traders to earn passive income from idle funds.
However, these DEXes suffer from illiquid assets due to their order flow dynamics and programmable logic implemented via smart contracts. This has led to many decentralised platforms collapsing, leaving investors unable to withdraw capital or returns from yield farming.
While many DEXes take a one-sided approach in a world with many on-chain options, Valantis’ decentralised platform offers something unique: an LST-specific DEX with its native products, LST and stHYPE. With its modular architecture, which enables the creation of custom liquidity pools at the base, Valantis solves liquidity issues in its ecosystem using assets such as stablecoins, LSTs, and vaults.
Additionally, the Hyperliquid network has been instrumental in helping the Valantis team achieve its roadmap to create the most liquid, rewarding, and integrated LST.
Valantis Team – Who is Behind Valantis
The Valantis team is not publicly known, but it continues to build an ecosystem of reusable modules for other developers and builders within its project, which aims to provide a seamless solution for liquidity provision using the Valantis platform.
In a recent Hackathon for builders and developers, the team won the @modenetwork’s ‘Best DeFi Innovation’ award for building scalable and reusable products in its ecosystem.
Contributors and Funding
Valantis announced it raised $7.5M in total funding across Pre-Seed/Seed to build Valantis, The Modular Exchange. These funding rounds were led by @cyberFund, @SevenXVentures, and @KrakenVentures.
Additional participants included @NethermindEth, @FigmentCapital, @robotventures, @SemanticVC, @Delphi_Ventures, @CrediblyNeutral, @veryearlyxyz, & @MonocerosVen.
With angel participation from @sandeepnailwal, @NathanWorsley_, @NovaOvchinnik, @DewhalesCapital, & more.
All of these funding and strategic partnerships for the modular DEX are aimed at reinventing how builders and developers interact with liquidity and build the next era of DeFi.
Valantis Airdrop – Step-by-step Guide
Valantis has launched a program with point farming. Users and contributors can earn points for holding stHYPE/wstHYPE or adding liquidity to Valantis Pools. A total of 325 million points will be distributed. Here is how to earn:
1. Go to the website and connect your wallet.
2. Open the Points tab and earn points using the available methods.
3. Then copy your referral link and invite your friends to earn more points.
Key Takeaways of Valantis Airdrop
Valantis’ Core Protocol reimagines DEXes that support a more open, efficient, and modular future for DeFi’s most fundamental liquidity provision and yield farming. Valantis uses a Modular system to provide users, builders, and investors with a better system to earn returns from yields.
With the help of its $7.5 million seed round from venture capitalists, institutional investors, and angel investors, Valantis and its team would have the opportunity to keep building a sustainable DEX platform for the future of DeFi.
Community Details
To stay informed and updated on community happenings, these are community pages to get firsthand information.
🌐 Website: https://www.valantis.xyz/
🐦 Twitter/X: https://x.com/ValantisLabs
💬 Discord: https://t.co/zZB5aEVqCh
📝 Docs: https://docs.valantis.xyz/
If you are interested in farming similar projects, we recommend reading our other recent or ongoing airdrops that are worth checking out. Because at UseTheBitcoin, we make sure you do not miss out on some of the potential airdrops that are worth your time and attention to maximize your gains!
