# Demether joins TASTE ☀️F SUMM3R

> DeFi re-invented

**Published by:** [SUMM3R](https://paragraph.com/@summ3r/)
**Published on:** 2024-07-29
**Categories:** taste of summ3r, projects
**URL:** https://paragraph.com/@summ3r/demether

## Content

We are thrilled to announce that Demether is joining Summ3r's bespoke project support program. Demether, a dynamic and innovative company in the DeFi space that aggregates, mobilizes, and allocates capital to blockchain ecosystems. This collaboration marks a significant milestone for both organizations as we join forces to drive innovation and create new opportunities and growth for Demether."The Web3 chain landscape is evolving quickly as technical innovation and commercial momentum drives rapid change. Blockchain foundations face fresh challenges as a result, such as capital fragmentation and a high cost of acquisition. Demether solves for these, enabling members to attain strong rewards without the additional overhead. We have aspired to partner with Summ3r for a while and are delighted to be accepted. Joining the program will enable Demether to extend its community reach and benefit from access to seasoned operators and thought leaders in the web3 space in the run up to our launch later this year." Kartik Swaminathan, Founder and CEO of Rolling Thunder Labs, Core contributor to the Demether protocolThe SUMM3R team is currently in a discovery phase together with Demether, exploring the key areas to amplify and grow throughout the campaign."We are excited to have Demether onboard as we believe they can truly add value and innovative solutions in the Defi space, across chains and ecosystems" Jay Lindquest, founder and CEO of SUMM3R Key Focus AreasKnowledge Sharing and AwarenessOrganizing X Spaces, interviews and events to facilitate the exchange of knowledge and best practices within the web3 industryWorking with blockchain foundations (and other infrastructure projects) to understand their unique technologies, advantages and explore their ecosystemsBringing together thought leaders in DeFi to discuss the solutions for Liquidity problems in web3 Strategy and AdvisoryDeep Dive and AnalyticsIdentify Pain PointsWork on strategic plans for successful go-to-market and partnerships, building on Demether's existing momentumTokenomics best practices Fundraising and ValuationAdd value components to increase valuation and interest for future funding roundsIntroduce the network of Summ3r for new strategic partnerships and advisors to bolster Demether's support network About Demether ProtocolDemether is a DeFi protocol that aggregates, mobilizes, and allocates capital to blockchain ecosystems while preserving trustlessness, decentralization, and composability. The goal of the protocol is to attract and retain value within Web3 ecosystems. Demether already has commitments to launch on multiple ecosystems during 2024. Find out more on Demether's website. Follow Demether on X - @demetherdefiAbout SUMM3RSUMM3R is a dynamic ecosystem of value-add parties with a clear mission to empower entrepreneurs and ecosystems amidst rapid change. Drawing on extensive experience in startup building and investment, the diverse global team is committed to drive real growth in web3 with real use-cases and true user adoption. The SUMM3R ecosystem is built on three pillars: Activation, Access, and Community. Recognizing the evolving landscape of startup support in the age of Web3, SUMM3R advocates for a new more efficient model that reaches a broader range of startups. By channeling the passion and startup-energy that already exists into real execution, we are determined to make true change. To learn more visit us at summ3r.io or on X - @Always_Summ3r

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