We are excited to share that AppWorks has invested in the
@0xfluid token.
DeFi has no shortage of lending protocols. What it has is a structural inefficiency nobody fixed: the same dollar of collateral that backs your loan on Aave can't also be an LP position on Uniswap. Capital sits in one silo doing one job. Fluid collapses that wall.
The capital efficiency that unlocks is exciting. But what we care about more is the team that broke a constraint everyone else just lived with.
@smykjain could have kept shipping new features on Instadapp, which once reached $12B in TVL. Instead he chose to build everything from first principles, rethinking what a bank could look like if you built it on-chain from scratch.
That's the kind of founder we're proud to back.