Bluejay Finance

Bluejay Finance is building the first Asia-focused capital-efficient protocol for multi-currency stablecoins. The aim is to mirror the foreign exchange market in the fiat world onto the blockchain, in order to accelerate financial inclusion and access to DeFi for all users and businesses.

Bluejay Finance allows stablecoins to be provided, with deep liquidity backing directly from a DAO through protocol-owned liquidity. We designed our protocol this way in order to tackle one of the biggest challenges of building stablecoins for non-dominant currencies (e.g., USD, Euro), which is bootstrapping liquidity.

Some key elements of our designs:

1. Bonding mechanism to fund stablecoin minting
2. Protocol-owned liquidity to back stablecoins
3. Stabilizer bonds for bringing stablecoins to peg

Bluejay Finance headquartered in Asia, operates in the Financial Services, FinTech sector. The company focuses on Financial Services and has secured $23.2M in funding across 8 round(s). With a team of 1-10 employees, Bluejay Finance is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Bluejay Finance, raised $2.9M. Discover more about their projects, partnerships, and impact on our platform.