Decentralized finance protocols Orca and Loopscale, built on the Solana blockchain, have announced their merger to form a new entity called Formation. This combined platform will target financing for strategic sectors including artificial intelligence, energy, robotics and defense. The goal is to leverage the strengths of both protocols to meet the growing capital needs of these rapidly expanding industries. This merger marks a significant step in the consolidation of the DeFi ecosystem on Solana.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
