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Decentralized finance platform SmarDex raised $4.5 million in public seed funding.
Golden Finance reported that the Decentralization financial platform SmarDex raised $4.5 million in its public seed round and received a total of $12 million in funding support from RA2 TECH, the Swiss pioneer of Web3. SmarDex is set to launch the synthetic dollar token USDN, which is backed by fully Decentralization Ethereum perpetual futures to ensure that USDN is always pegged to the value of $1.