We believe in a future where financial systems can be accessed by anyone in the world. Why does this matter? Because transparent, collaborative, community-driven innovation that is accessible to everyone is a version of the future that’s demonstrably better than today. So we’re making it happen.
First is our creation of Voltz Protocol, a non-custodial Automated Market Maker for Interest Rate Swaps. The protocol is around 3,000x more capital efficient than alternative models, has been blessed by Uniswap Governance, and led to a large Seed round at the end of 2021. Interest Rate Swaps are a core pillar of any well-functioning financial system - there’s a whopping $1,000 trillion of notional traded per annum in TradFi IRS. Put simply, if Interest Rate Swaps don’t exist in DeFi, then DeFi will never become the financial system for the whole of the world. So we’re building it.