DeFi Lender Arco Protocol, Launched on Aptos Blockchain, Goes Dark After Botched Fundraise
Arco, which offer lending and staking services, intended to raise funds on Oct. 29 in an initial DEX offering (IDO), which is a form of decentralized crowdfunding. DeFi is an umbrella term for lending, trading and other financial activities carried out on a blockchain without traditional middlemen. Source
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