Aurora-based DeFi protocol Bastion raises $9 million

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Aurora-based DeFi protocol Bastion raises $9 million
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Aurora-based DeFi protocol Bastion raises $9 million in funding led by Three Arrows Capital (via Yogita_Khatri5)

Bastion plans to further expand its ecosystem with new funding in place, N^2 told The Block. To that end, the project plans to hire people for its marketing and business development functions. Its current headcount is five people, N^2 said.

Lockdrop is a way of distributing tokens, similar to an airdrop. But unlike an airdrop, where free tokens are given, in a lockdrop, users have to lock their assets to receive a free reward.

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