Earn Network, a decentralized finance (DeFi) marketplace, has raised $2.7 million in seed funding led by Shima Capital. Other investors in the round include DFG, Jsquare, LD Capital, Cronos Labs, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mars DAO, and Mirana Ventures.

The funding will be used to further develop new product categories on Earn Network’s marketplace. The platform already offers DeFi Staking and plans to add three more categories: Lending, Liquid Staking, and Native Restaking. Additionally, the funding will enable the platform to expand its team, grow its community, and establish new partnerships.

Earn Network aims to address the limitations of existing centralized and traditional investment platforms in harnessing the value of the DeFi ecosystem. It provides a “no-code” solution, allowing individuals to create their custom financial products using secure and audited templates. The platform is designed to be user-friendly and self-custodial, eliminating hidden fees and middlemen.

The goal of Earn Network is to onboard millions of users and generate billions in the DeFi economy. The project, founded in 2022, has a team of nine experts in the field. It currently reaches over 150,000 users through its own platform and affiliated yield earning sites.