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Arrakis Finance is a smart contract that enables managing a variety of Uniswap V3 liquidity pool positions in a more efficient and simple way. The first product built on top of Arrakis, PALM, enables liquidity providers to transfer their LP tokens to smart contract “managers” and define their own set of rules and conditions for automated management of their positions.
On December 19th, 2022, the Arrakis crypto startup disclosed some information about its Seed funding round, where it secured over $4M from Uniswap Labs Ventures, Polygon Ventures, and others.