DeFi yields are boosted by “farming”. Farming is the practice of giving out protocol coins as a reward for using the protocol. Farming has proven to be an effective technique for generating demand. It’s also at the root of schemes like Anchor that have no visible means of support for…

“Stablecoins soar in value as everything else in crypto shrinks,” writes Bloomberg. But on January 27, panic hit the expanding DeFi dollar market. During a two-month bear market, DeFi denizens sold crypto, and poured billions into dollar-denominated assets like “Magical Internet Money” (MIM) and “Anchor”. These synthetic dollars need backing…

Maxos is seeking an entrepreneur and product manager to lead the launch of a new DeFi protocol on Algorand, Ally. This is a remote job with a full time focus on delivering a product in March. The team at Maxos is supporting this launch with development and fundraising. The goal…

Cross-chain deposits, Presail on Polygon, happening in DeFi — Maxos Mutual The next step will deploy real money into three investment strategies (cash, Yearn USDC, and Anchor). We did a first deployment of the React dashboard to show a real-time balance sheet. We worked on the architecture for delayed redemption, a challenging algorithm that is important for our ability to invest…

Maxos Mutual Maxos Mutual is a crypto native bank, built for long term growth and adaptability. We tested the Maxos Mutual token code with an extensive list of features: It’s mintable. Building for long-term growth and adaptability, the mutual can mint new governance rewards to support additional insurance. Minting will initially be…

We will start posting weekly updates. Here’s progress from the last week. MAXOS MUTUAL Our flagship decentralized bank is now “Maxos Mutual”. Learn more from the Maxos Mutual white paper v0.2. We started testing the core bank with the two simplest investment strategies. This opens slots for additional strategies. We are testing…

The venture capital industry is 60 years old and set in its ways. That is about to change. VC terms are frozen in time. GPs offer self-liquidating LP funds, with a 2 and 20 list price, and a 10 year fund lifespan. The first fund with this structure was offered…

Banks currently hold about $100T worth of deposits globally. A lot of this money is underused and earning very low rates of interest. DeFi will make this money more useful. Interest-earning stablecoins such as our new MaxUSD can replace bank accounts. MaxUSD will provide benefits for customers that hold it. …

A consensus protocol for startup, VC, and SPAC investment — Blockchains use consensus protocols to bring strangers into agreement, at huge scale. It’s time for finance to catch up. Launchpools is a consensus protocol for fundraising. Investors can indicate interest in a deal by submitting refundable stakes. Fundraisers (sponsors) can engage quickly with potential investors, and then build consensus around…