INIT Capital Partners with Bitskwela

BY
Bitskwela
/
May 16, 2024

INIT Capital, the largest Liquidity Hook money market on Mantle, is founded on the principle of making liquidity easily accessible to everyone. It aims to democratize liquidity by providing access to DeFi users and protocols through 'Liquidity Hooks.' Serving as the DeFi liquidity infrastructure for dApps to build on top, INIT also facilitates diverse activities for users, including lending, borrowing, and yield strategies.

One of the primary challenges for DeFi protocols is bootstrapping initial liquidity and consistently sourcing it in order to grow. However, despite the continuous evolution of DeFi, innovation in enabling seamless liquidity access from money markets has yet to be seen.

As a result, protocols have to independently secure liquidity, which is often limited and unsustainable in the long run. This leads to fragmentation of liquidity and a heavy reliance on token incentives.

To address this issue, INIT Capital steps in to solve the liquidity problem as a large composable source of liquidity for protocols to integrate with through its innovative infrastructure known as ‘Liquidity Hooks’.

Recognizing the complexity beginners face in understanding concepts like liquidity, TVL and decentralized finance (DeFi), Bitskwela has partnered with INIT Capital with the goal of educating communities on DeFi concepts, ultimately simplifying the understanding of Web3 technologies in the Philippines.

Bitskwela
Education Company

Bitskwela is a Filipino-led edutech platform that strives to make Bitcoin and cryptocurrency education accessible to all Filipinos of any ethnicity.

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