Building the new financial system
At Algofi, we're building the new financial system. Our work will reduce barriers to entry and promote democracy in the financial system.
Our team started by building the Algofi protocol on the Algorand blockchain. Algofi is a stableswap (e.g. Curve), constant product decentralized exchange (e.g. Uniswap), stablecoin (e.g. MakerDAO's DAI), and a cross collateral lending market (e.g. Aave). The Algofi protocol launched a little over six months ago and now secures over hundred million dollars.
At Algofi we think the future is am multi-chain world. We are now looking to grow the team aggressively in order to scale our efforts across the global blockchain ecosystem. Though we are early, we have secured our support from strong backers like Union Square Ventures, Arrington Capital, Jump Crypto, Coinbase Ventures, and more.