Investing in Element Finance

POWERING WEB3 WITH DECENTRALIZED DATA VALIDATION AND SCALABLE INFRASTRUCTURE

Delv expands DeFi’s potential by integrating advanced mechanisms such as tokenized staking, liquidity provisioning, and decentralized governance, driving forward an inclusive, efficient, and resilient financial infrastructure​.

WHY WE INVESTED IN DELV 

Delv has a strong focus on security and inclusivity, leveraging blockchain technology to create transparent, trustless financial systems. Their engagement with broader DeFi innovations such as tokenized staking, NFT integration, and liquidity provisioning positions them at the forefront of DeFi evolution.

Delv currently has two products, Elfiverse and Hyperdrive. 

Elfiverse is a creative and community-driven NFT project launched by Element Finance, now under the name DELV, to commemorate the launch of the Element DAO. It serves as a symbolic and engaging bridge between the DeFi and NFT worlds, aiming to foster deeper community involvement and participation in governance. Within the Elfiverse, users can mint and collect ELF NFTs, which are divided into different factions with unique traits and powers, symbolizing the diversity and strengths within the community. The Elfiverse offers a playful yet meaningful layer to the Element ecosystem, allowing participants to visualize their role within the DAO and interact with one another in a unique digital world. This initiative emphasizes the importance of inclusive governance, expanding beyond traditional models like 1-token-1-vote, and aims to catalyze network effects that bolster Element’s governance and community engagement​

Hyperdrive is a decentralized finance (DeFi) platform focused on providing customizable yield generation opportunities. Built on an automated market maker (AMM) model, it allows users to engage in both fixed-rate and variable-rate yield strategies, offering them flexibility in how they earn returns on their cryptocurrency assets.

The platform operates by connecting users to underlying yield sources, such as staked ETH (stETH) or stablecoins like sDAI. Users can either directly deposit funds to earn yield or underwrite other market positions, similar to what happens in traditional markets but with decentralized, blockchain-based technology. The core mechanism behind Hyperdrive is its AMM, which manages liquidity pools and facilitates the swapping of tokens, enabling both traders and liquidity providers to participate efficiently in the market. The AMM ensures that users get the best possible trading rates while earning from trading fees​.

Key Team Members: 

• Charles St. Louis – CEO  
  Charles used to be a core contributor to Ethereum, and the governance architect at MakerDAO. His works include improving the Ethereum EIP process, and the delivery of Dai. These experiences in big names of the Web3 space shows that he has the connections as well as the abilities to take Delv to its next level. 

Delv has raised $36.4M in two rounds in 2021, indicating strong investor interest. We are proud to participate in one of the rounds and to support Delv in its journey of tackling problems of different aspects in the space. For more information, please visit Delv website.