We are excited to participate in the seed round of Babylon Finance via Coinlist Seed.
We have been studying the DeFi space intensively during this recent cycle. One of the first things we noticed is that even among the broader community of crypto native users and investors, only a small percentage were highly active and knowledgeable in DeFi. Our thesis is that in the current landscape there will be 2 phases of DeFi growth. First DeFi will become widely used throughout the crypto community — and we believe this growth phase alone can take DeFi beyond $100b TVL. The next phase will be mass adoption. We believe DeFi robo advisors, applications that obfuscate the complicated aspects from users, will be the key tool to enable this growth.
Babylon is ripe to take advantage of both areas of growth.
- Less technical crypto users will be able to deposit their funds and know that someone else is managing them, reducing the amount of time checking up on farms and stress.
- There is no well developed actively managed robo advisor platform. Babylon will have more flexibility and higher rewards by changing strategies when needed versus a fixed strategy
- Community involvement in farming strategies will ensure new opportunities are found quickly and implemented
- Babylon will make the process exceptionally easy for new users, and also support all of the community involvement and strategic information behind the scenes for power users to understand what is going on and participate.
If Babylon can play a significant role in bringing the rest of crypto into DeFi, the project will be wildly successful. If the founders can meet their ambitions of bringing DeFi outside of crypto to traditional investors, the project will certainly be a unicorn.
You can learn more about Babylon Finance at babylon.finance and read how Babylon will work in detail here: How Will Babylon Work
