Everything, a prominent next-generation DeFi project in the cryptocurrency ecosystem, has announced a strategic partnership with Arbitrum for its latest funding round.
The company is preparing to launch its public financing round, which it calls the “Dynamic Round,” at a valuation of $40 million.
Everything announced that the investment round will start next Thursday on the Arbitrum network. The project also stated that a pre-launch market process will be triggered if the valuation reaches $150 million. It was added that users who want to participate must have ETH and USDT on the Arbitrum network.
Initially developed under the SMARDEX framework, Everything is now positioned as an independent entity. The project aims to unify various transactions in the decentralized finance (DeFi) space under one umbrella. Accordingly, users will be able to conduct swap, lending, borrowing and perpetual transactions through one smart contract and a shared liquidity pool.
*This is not investment advice.