UAE based Crypto Oasis Ventures is one of the investors in Kaskade Finance, cross-chain liquidity bootstrapping layer for DeFi protocols and networks. The oversubscribed seed round had participation from over 40 investors, some of which include Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, as well as influencers, including VirtualBacon, Brian D Evans, CryptoJack and more.

 Nathan Lenga, CEO of Kaskade, tabled the MVP to go live in August, and to continue to build a world-class team that will make certain Kaskade Finance is the premier liquidity incentivization layer for all of DeFi.

Kaskade already has a shortlist of protocols asking to collaborate in order to leverage its incentivization mechanism to bootstrap volume and liquidity; the first of which being Redacted Finance.

Lenga added, “We founded Kaskade to flip the incentive model on its head; rather than focusing on bootstrapping liquidity first, we strive to drive additional volume in the ecosystem. Our team fundamentally believes that the industry must incentivize volume, which represents demand, to create sustainable flywheels, given demand inevitably results in supply, liquidity.”

The first campaign will launch mid-March, in collaboration with Redacted Finance, with up to $30,000 USD in $BTRFLY rewards available for all participants. Not only is there a large rewards pool, but also a gas rebates program that frequent traders can avail themselves of.

Protocols with live tokens can create campaigns through the Kaskade application, engaging their users to increase trading volume and accordingly liquidity. These protocols will put up rewards in any token to incentivize their users to trade more frequently, with users being able to claim these rewards at the end of the week.