The Contango Podcast
This is the Contango Podcast, where we take you behind the scenes as we identify, diligence and discuss private investment opportunities at the bleeding edge of web3. We interview the founders, investors and researchers that are driving the industry forward. The podcast is hosted by Mike Grantis, co-Founder and Managing Director at Contango Digital Assets, a forward looking venture firm focused on building and investing in innovative companies that make web3 globally accessible.
The Contango Podcast
#2 | Resonate Finance: Revolutionizing Liquidity with Yield Futures and NFTs
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Today, I'm chatting with Rob Montgomery, founder and CEO of Resonate Finance, a protocol enabling the creation and sale of yield futures. So what are yield futures? Well, typically a liquidity provider or market maker will deposit liquidity into a protocol and earn a variable yield based on those deposits until eventually they choose to withdraw that liquidity. Now, with Resonate, those liquidity providers have the option to lock up that collateral for a specific amount of time and get paid a stable yield upfront, allowing them to access those yield futures immediately. This is all enabled through the minting of a financial NFT representing the locked liquidity position. Resonate Finance is currently raising their seed round; they're raising a $2 million at a fully diluted valuation of $10 million on a mix of equity and token. So with that in mind, here is my conversation with Rob Montgomery.