Honeypot Finance closed the preseed round raise led by AC Capital and DextForce. The precise funding amount is currently undisclosed.
Honeypot Finance is building a community-run DeFi Hub that integrates a unique AMM model to unite a community-led launchpad (Dreampad) and DEX (HenloDex), addressing Defi's low liquidity utilization issues. Dreampad uses innovative FTO (Fair token offering) model to fairly and transparently launch the token. HenloDex, powered by the award-winning Batch-A2MM model, is the home to the ecosystem’s long tail assets including security features for post-launch support and token trading.