Mellow Protocol Closes a $2.75 Million Seed Round Led by Robot Ventures, Arrington Capital and ParaFi

DeFi Protocol Mellow Protocol closed a $2.75 million seed round led by Robot Ventures, Arrington Capital, and ParaFi, with participation from P2P Capital, Lemniscap, Focus Labs, and Principle Ventures. Mellow Protocol has developed a permissionless vaults system and initial liquidity rebalancing strategy aiming to improve the capital efficiency of the DeFi ecosystem. The protocol is currently integrated with Uniswap/AAVE/yEarn.