Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans

Moonwell is an unfastened lending and borrowing DeFi protocol connected Moonbeam and Moonriver. Moonwell’s composable plan tin accommodate a afloat scope of DeFi applications successful the greater Polkadot and Kusama (DotSama) ecosystem.

Luke Youngblood is the co-founder of Lunar Labs, which is processing the Moonwell DeFi protocol. Luke has decades of acquisition moving successful tech, is simply a erstwhile Coinbase and AWS Principal Engineer, and besides built Coinbase Staking Rewards. He precocious joined the Bitcoin.com News Podcast to speech astir the technology:

Luke Youngblood, Co-Founder, Lunar Labs

Moonwell precocious secured a strategical backing circular for the improvement of Moonwell Artemis. The circular was co-led by Hypersphere Ventures and Arrington Capital, raising $10 cardinal astatine a $90 cardinal valuation. Additionally, a fig of starring crypto and Polkadot ecosystem funds participated. These include: Haun Ventures, Coinbase Ventures, Lemniscap, C Squared, Mirana Ventures, nfr, Woodstock, Robot Ventures, Signum Capital / UOB Ventures, Charterhouse Strategic Partners, KeyChain Capital, and FMFW.

Moonwell Artemis volition beryllium activated by the Moonwell assemblage connected Moonbeam, the gateway to the Polkadot ecosystem. Moonwell users volition beryllium capable to proviso assets to gain rewards, and get assets done over-collateralized loans portion earning tokens arsenic rewards for providing liquidity.

To larn much astir the task sojourn the Moonwell website and travel the squad connected Telegram, Discord and Twitter.

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