FAQs
Additional details will be published here and on our Medium as new products and tools launch.

Products & Tools

What is Composable’s parachain vault strategy?

This tool is designed to accumulate the necessary DOT or KSM tokens to obtain a parachain in auction (from Polkadot and Kusama, respectively). This is done in a manner that incentivizes users, and allows them to share in the yield farming of their deposited assets, which are converted to KSM/DOT on the backend. Thus, our protocol, and other protocols using our vaults are best positioned to obtain parachains.

Why is Composable’s parachain vault strategy important?

Current means of parachain procurement (i.e. DOT and KSM procurement) involve crowdloaning from users. However, there is an opportunity cost to users in this model, as they miss out on staking rewards that they typically earn in DeFi processes. Composable’s strategy incentivizes users with a share of vault yield, therefore attracting increased participation, and benefitting both users and the protocols making use of our strategy.

What does Composable’s parachain accomplish?

Composable’s Picasso parachain aims to create a comprehensive DeFi ecosystem on Polkadot. This landscape will be optimized for the development of decentralized financial applications, providing developers with all of the tools and support they need to create powerful and interoperable dApps that deliver new and improved utilities to users.

Team

Where can I find more information about the Composable Team?

If you’ve already checked out “The Composable Team” tab, you can find more information using the resources below:
    Advanced Blockchain AG’s homepage is here, with their complete portfolio here, and their newsroom of announcements and updates here.
    The experiences of our Co-Founder and Lead Developer Cosmin can be found on his LinkedIn.
Our Head of Product and Lead Polkadot Developer can be followed on twitter.

Company Information

What is Composable Finance?

Composable Finance is a cross-chain, cross-layer, comprehensive DeFi infrastructure, powered by Layer 2 Ethereum and Polkadot. Our ultimate goal is to make the seamlessly interoperable future of DeFi into a reality, via our suite of product offering intended to resolve particular pain points in interoperability.

How is Composable funded?

The most recent round of funding for Composable Finance raised a total of $7 million. This is an incredible step for the company, pushing it into the future and towards new advancements.
Leading this round were Advanced Blockchain AG and Rarestone Capital, both of which are key venture capitalists investing in the blockchain industry. Together these organizations used strategic investors to make this funding round a success.

How was Composable Finance created?

Through its subsidiaries, Advanced Blockchain AG incubated Composable Finance on the technical side and provided the intellectual property for Composable. During this period, Cosmin Grigore was the Lead Developer on the project. This incubation was completed alongside top-tier Web 3.0-focused venture capital firm Rarestone Capital, which assisted with product strategy and rollout for Composable Finance. Subsequently, Composable Finance was spun out, retaining Cosmin as its CEO. Advanced Blockchain also reinvested into Composable.
Are there any socials I can follow for any additional questions and get more updates and information?
To find more information, stay up to date, and communicate with other users and our team, make sure to follow/join us at:
Last modified 2d ago