THELOGICALINDIAN - Recently we sat bottomward with Matas Sauciunas CEO of one of the best agitative DeFi projects of the year ALF Agreement Matas and his aggregation accept already anchored cogent Venture Basic allotment which they accept acclimated to advance a agreement for basic deployment on Solana for the purposes of clamminess accouterment and crop agriculture Alf aims to become the goto abode for blockchain clamminess initially ablution on Solana and again potentially accretion to added chains
Matas is amorous about the Solana ecosystem and how its low fees and acutely aerial acceleration accord it the abeyant to be the arch Layer 1 solution, and his aggregation is architecture out a amount allotment of the Solana built-in Decentralized Financial services. I assurance you adore this chat as abundant as I did and I attending advanced to watching this activating aggregation and activity go from backbone to backbone in 2022.
Interviewer: Hi Matas, acknowledge you for ambience abreast the time for this interview. I can brainstorm how active aggregate is at your side, alive that the development of the agreement is able-bodied underway. Please, could you explain in a simple way what is Alfprotocol?
Matas: Hi there. Yes, aggregate is cool active on our side, but anyhow it’s abundant affair you and speaking with you today. I get this catechism absolutely generally because of the complication of the activity so my accepted acknowledgment is that Alfprotocol is a decentralized appliance congenital on the Solana blockchain that lets the user accumulation their tokens to acquire interest, borrow some funds for alfresco use by accouterment collateral, use our centralized congenital decentralized barter & become clamminess providers by bartering tokens to the farms and acquire crop rewards and badge rewards. What’s different is that Alfprotocol will accommodate advantage for users to use to access their position admeasurement while advance in the clamminess provision.
Interviewer: The abstraction that you and your aggregation are architecture sounds circuitous but exciting! Could you acquaint me a bit added about Decentralised Finance (DeFi)? Why is DeFi accepting so abundant advertising and what is your claimed assessment on the approaching of DeFi?
Matas: Decentralized Finance lets users use banking casework like lending and borrowing after centralized intermediaries, it additionally provides amaranthine opportunities to actualize altered protocols that are accouterment different use cases of the decentralized money market. What’s important is that DeFi had a advance of 88x aftermost year and is accepted to abound by addition 10x this year. Also, DeFi comprises abandoned about 5-6% of the absolute cryptocurrency bazaar cap. That accomplishment abandoned gives me the acumen that we’re still in the aboriginal stages of DeFi, and we can lock a appropriate atom aural the ecosystem itself.
Interviewer: Thank you for such an explanation. Alfprotocol has called the Solana blockchain to assignment on. Why Solana?
Matas: First of all, Solana is experiencing amazing advance in absorption from developers and investors. And that absorption comes for a reason. Solana blockchain is cool fast and cool bargain and abutting to that the accomplished ecosystem of Solana is growing rapidly. We chose Solana because we’re architecture a leveraged protocol, so we charge a blockchain that is cool fast with the affairs and additionally bargain to use. Solana can accommodate that. Also, the DeFi protocols aural the Solana are still at the aboriginal stages. So we do accept a abundant befalling to lock a appropriate atom for the approaching of Solana and aim to become a homepage for DeFi on Solana.
Interviewer: Thank you. Solana is absolutely on a massive advance trend as you said. Your and your team’s accommodation to body on this fast and bargain blockchain does accomplish sense. Could you accommodate the top three advantages of the Alfprotocol?
Matas: Certainly. The aboriginal advantage would be that users will accept an all-in-one place, (a “one-stop shop”) for all DeFi casework which at the moment isn’t broadly accessible in the ecosystem, acceptation users charge to move amid altered protocols. The additional advantage is that those who are risk-seeking investors will accept an befalling to use college advantage (in some cases up to 200x) for clamminess provision. Of course, the use of aerial advantage will be awful monitored and will be accessible for bound farms and users. And lastly, the third advantage is that the absolute aggregation architecture and accommodating on the agreement is cellophane and provides approved updates on the development status, educational material, etc. So accepting a able and cellophane aggregation abaft the agreement is a actual important aspect.
Interviewer: Absolutely. Transparency and approved advice with the association is consistently necessary. Just a few added questions Matas, at what date is your activity now and who are the backers of the Alfprotocol appropriate now?
Matas: At the moment Alfprotocol is at the aboriginal development stage. We aim to accept our accessible IDO aural Q2 of 2022 and aim to barrage a absolutely alive agreement in backward Q3, 2022. The MVP absolution of the agreement is accepted to booty abode in aboriginal Q2, 2022. The accepted backers of the activity are Zen Capital, Dust Ventures, DIB Ventures, SRT Ventures, Alpha Hunt and Scorpio VC.
Interviewer: Last catechism for you Matas: how can users participate in the aboriginal date of the Alfprotocol?
Matas: Users do accept an befalling to administer an allocation of Alfprotocol tokens at this aboriginal date of the agreement aloof like Venture Capital firms do. We cal this annular a Pre-IDO annular and it is accessible on our website. Alternatively, users can accelerate us an email via [email protected] with the banderole of “Pre-IDO round” and our committed being will acknowledgment and advice with the allocation process.
Interviewer: Thank you for answering all of the questions! It’s been a abundant time speaking with you and I would like to ambition you all the best for the approaching of Alfprotocol!
Matas: It’s been a abundant allocution with you as able-bodied – acknowledge you for your time.
