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Coinbase’s USDC Bootstrap Fund to Provide $1.1M In Liquidity for DeFi DApps Uniswap,

Coinbase has announced on Wednesday that it has put $1.1 million USDC into the Uniswap and PoolTogether Ethereum DeFi Applications (DApps).

The investment is from the USDC Bootstrap Fund that was launched with $2 million in initial funding by Coinbase in September last year. Uniswap, a liquidity provider for Ethereum, and PoolTogether, a ‘no-loss‘ lottery DApp that helps you earn through savings. The USDC Coinbase funded into the two projects is not to be considered an investment, but more a deposit into both of the applications’ liquidity.
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