Where are the real risks and opportunities?
The world of finance is filled with risky projects. Ventures are founded, funded and abandoned faster than regulators and banks can understand them. Fintechs have helped the financial lives of many people, but there are still projects with opaque fundamentals that leave customers in the dark.
A closer look at the underlying mechanics can be very illuminating. Here is one example:
Risk management and UX in DeFi are lacking. Solving these problems will improve DeFi both for existing and new users to drive higher yields and greater adoption.
Decentralized Finance (DeFi) is evolving faster than anyone could have imagined just a few years ago. Since January 2020 Total Value Locked (TVL) increased by about 100x, from $800m to more than $87b last month.
We’re excited to announce some great partners & investors to help us build our vision of simple and powerful financial services for everyone. With this seed round we will accelerate onboarding of talent into DeFi and gro our products.
The round is led by Galaxy Digital and Framework Ventures, with participation from Variant, Northzone, Nascent, a_capital and 3AC. Several insightful builders are also joining the round, including founders of DeFi protocols Aave, Compound and Synthetix.
With interest rates at record lows and people sometimes even having to pay…
Empowering people to easily create and share wealth. Join the DeFi movement!