Fractal Protocol Vault Usdf Price USD

What is the project about? Fractal is an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain. Fractal is backed by 6th Man Ventures (6MV), Archetype Ventures, Blizzard the Avalanche Fund LP, Circle Ventures, CMT Digital, CoinShares, GoldenTree Asset Management, QCP Capital, Spartan Group, Akshai Rajendran, Anand Gomes, Josh Frank, Shiliang Tang and Sid Powell. What makes your project unique? Fractal is the only institutional-grade cross margin platform that is on-chain. History of your project. Company was initially built and spun out of LedgerPrime over 1 year ago, and closed a $6M fundraise Dec 2022: https://www.theblock.co/post/226652/crypto-transparency-fractal-raises-6-million-to-reshape-market-structure-after-ftx-3ac What’s next for your project? Currently scaling institutional positions on-chain. What can your token be used for? USDF is the receipt token of our permissionless lending pool. The deposits are used to make loan to client subaccounts for leverage and capital efficiency. All borrowers on the platform are institutional and run through a KYC/KYB process Also read: AutoEarn Token Ate Price USD