Lora Finance Testnet Is Officially LIVE
Waitlist users are in.
The rest are queued.
Rent upside. No liquidation. Inevitable.
Enter Season 1 -> https://t.co/HzcfGctdFQ
Lora Finance Testnet Is Officially LIVE
Waitlist users are in.
The rest are queued.
Rent upside. No liquidation. Inevitable.
Enter Season 1 -> https://t.co/HzcfGctdFQ
At @lorafinance we are actively raising, as early as possible, from Crypto VCs. 30,000 DAUs everyday. Reach out!
If we somehow get a VC call after this, we'll deliver the best "no liquidation" option protocol.
If not, just know that most VCs dgaf if you aren't in SF or didn't graduate from an Ivy League. All this "actively deploying" is just butterflies masking their winding down phase.
The shift in the crypto fundraising landscape the past 6 months has been insane.
Crypto VCs used to have to constantly be networking/writing/podcasting/going on spaces/promoting your thesis/getting on 10 deal flow calls a week, to get into good deals...now it's literally enough to just have capital to write checks.
Deals are being pushed rather than dug out. Inbound if people know you have money is at an all-time high.
Most firms are either 1) Out of money 2) Moved to Series A and beyond or 3) Fundraising (with no success).
Deals that used to close in 2-3 weeks now close in 2-3 months.
Firms with questionable business models or copy pasta of the latest trend are getting zero primary or follow-on funding (Good news!).
There are now realistically <20 firms writing checks in pre-seed/seed.
VCs basically have the pick of any deal they want, with more time to do DD.
IMHO 25/26 are going to be historic vintages for those who stick around.
defi has always been about pushing boundaries
not just replicating tradfi, but experimenting with entirely new financial systems in public
money markets, perps, options all started as ideas that felt early even pointless to some
but thatโs kind of the point
defi moves because people build ahead of understanding
basically bold ideas first n then everything else catches up later.