Tesseract Fi

Tesseract Finance represents a significant evolution within the decentralized finance landscape, initially emerging as a versatile yield farming protocol. The project sought to take Yearn Finance’s yield farming strategies beyond the confines of Ethereum and adapt them to the rapidly growing ecosystems of blockchain networks such as Polygon and Avalanche. Tesseract’s original intention was focused on operating as a yield aggregator, simplifying and optimizing DeFi yield farming for users in various alternative blockchain environments. As a participant in the Yearn Finance Combinator program, Tesseract was established as a prominent player capable of expanding Yearn’s reach across additional networks, embodying a comprehensive and user-friendly approach to yield-oriented financial products. However, the fast-paced evolution of the DeFi sector coupled with a frailty experienced in bear market conditions led to operational challenges, prompting a shutdown of its yield-focused protocols in mid-2022.

As time progressed, Tesseract underwent re-evaluation, gradually metamorphosing into a newer entity with a renewed emphasis on creating compliant, risk-adjusted yield and lending solutions synonymous with the evolving domain of digital finance. Headquartered in Finland and regulated by the Finnish Financial Supervisory Authority, today’s Tesseract exemplifies an operational focus on providing transparent crypto lending infrastructure and leveraging traditional risk management principles alongside innovative digital approaches. The flow of capital from the mid-2021 fundraising round marks significant confidence by investors, including Icebreaker VC and Taaleri, in Tesseract’s mission to integrate compliance with the innovative possibilities of digital assets. Armed with industry-adopted technology, Tesseract provides lending and yield services for over 15 different tokens, with partnerships spanning prestigious institutions like Bitstamp. Composed of a dedicated meritocratic culture, Tesseract aligns its operations toward pioneering infrastructure aimed at facilitating compliant access to yields within the crypto realm while differentiating itself from existing competitors.