The DeFi industry faces two main challenges: lack of liquidity, and lack of expertise.
As Prophecy DeFi's wholly owned subsidiary, Layer2 Blockchain is leading the way in powering automated market makers (AMMs), where cryptocurrencies can be traded all over the globe on decentralized exchanges.
Founder Andrew Young describes the business proposition as “the equivalent of being the first market makers of the New York Stock Exchange when it just launched.”
By partnering with new layer two exchanges and deploying capital, Layer2 Blockchain is playing a critical role in creating liquidity within emerging DeFi protocols. This is often referred to as 'staking' and 'liquidity mining'.
The team at Layer2 Blockchain are leading experts in the industry and their multi-platform experience offers a great opportunity to get in early on a fundamental shift in the finance industry.
Andrew Young, CEO
Andrew Young has been operating full-time in the crypto space since 2017, specializing in the analysis of economic incentives and tokenomics of new DeFi projects. He is also the co-founder of SX Network (SportX), a DeFi prediction market and blockchain Andrew regularly engages in DeFi-related podcasts and interviews, and publishes research reports examining the crypto space.