“The way Ethereum DeFi was built, every team tackled a separate vertical such as lending and borrowing, perpetuals or DEXs ,” C3 founder Michel Dahdah said in an interview. Founded by the Rand Labs team that built Algorand staples My Algo Wallet and AlgoExplorer, C3 is focused on creating a new layer for using collateral and margin across different blockchains, starting out by connecting collateral management Algorand and Ethereum, with the same cross-chain functionality also coming to Algrand and Solana.
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