Polaris Raises $1 Million in Angel Funding Round

Polaris, a permissionless on-chain yield protocol, has secured $1 million in an angel funding round. Participants included the Ethereum Foundation, Fusion (IPOR), Altitude, Liquity, LI.FI, and over 30 industry contributors such as Anthony Sassano. The protocol focuses on native yield for on-chain assets, utilizing pETH as its core reserve asset alongside USDp and GOLDp.