Strategy for Progressive Decentralization

Progressive Decentralization Approach

At IFICHI, we acknowledge that scaling a decentralized finance protocol effectively requires a balanced approach between rapid innovation and gradual decentralization. Initially, our focus is more on product development and smart contract security rather than on decentralizing governance.

Product/Market Fit

  • Rapid Development: Our capability to make unilateral decisions about the smart contract code accelerates development, helping us refine our fixed-rate lending product to better meet user needs.

  • Flexible hTokens: The design of hTokens allows for adaptable coding, enabling on-the-go modifications to enhance their functionality.

Last updated