Bribe Closed $4 Million Seed Round with Dragonfly and others
TokenInsight news, DeFi governance platform Bribe has closed a $4 million seed round led by Spartan Group, with participation from Dragonfly and Rarestone Capital, among others.
Bribe creates DAO infrastructure tools to incentivize protocol participation in governance. Depositors deposit their governance tokens into Bribe pools to earn revenue, and bidders borrow votes to support or reject governance proposals. It is reported that Bribe will release its first VEV product for pledging governance tokens later this month, the Aave Bribe pool, which takes the form of a staked contract on Ethereum. A Tokemak Bribe pool will also be launched shortly thereafter.