Ethereum lending platform Juno receives $3 million in seed round financing

According to Yahoo Finance, the Ethereum lending platform Juno has raised $3 million in seed funding to build a platform that uses cryptocurrency and Ethereum agreements to provide "new bank" services, such as high-yield savings and debit cards. The round of financing was led by investors including Polychain Capital, Sequoia Capital and Dragonfly Capital. Juno was founded by the same founder of the Ethereum Loan Agreement Nuo. The company's core feature is the use of the Nuo agreement savings account, providing 5.5% annual USDC deposit interest.