Exclusive Interview: Jeff (Founder)

The Spaces focused on Earn Network, introduced by its founder Jeff, aiming to make DeFi yields accessible to a larger audience. Currently, only a small fraction of crypto users utilize DeFi for generating yields due to complex barriers like multiple blockchains, protocols, wallets, and volatility. Earn Network offers an API for businesses to embed, allowing their users to access cross-chain yields more efficiently. They optimize yield generation and employ security measures to ensure a safe and secure user experience. Jeff discussed insights into the crypto space, token launch plans, and strategies around community engagement and user acquisition.

Exclusive Interview with Jeff - Founder of Earn Network

Introduction

The session opened with an apology from the moderator for technical issues but transitioned smoothly into a structured dialogue about Earn Network with Jeff, who is the founder.

Overview of Earn Network

Earn Network aims to democratize Defi yield access. Jeff highlighted the challenges in Defi: vast ecosystems, complex blockchains, and risky investments. Despite Defi's potential, only around 2% of crypto users globally harness its full capability. Earn Network seeks to simplify access through an API, allowing users to earn yields across 11 chains, thereby maximizing returns up to 153% compared to traditional methods.

Defi Yield Dynamics

Jeff explained how typical yields range between 6-10% annually, but Earn Network enhances these through strategic cross-chain investments, particularly noting the artificial inflation of yields by other platforms using incentives, which Earn Network circumvents by focusing on 'real yield.'

The Idea Behind Earn Network

Jeff discussed the inception of Earn Network, tracing his experiences in Defi since 2017, and recognizing a gap in bringing new users to Defi. Initially branded as Amplify, the project evolved, shifting from a neo bank idea to its current API-focused model that facilitates business integrations.

Team and Token Launch

Jeff shared insights on the team structure—fluctuating between 8-12 members—and the presale of Earn Network’s token, emphasizing community engagement rather than limiting early investment opportunities to venture capitalists.

Tokenomics and Market Strategy

The tokenomics is centered on utility, focusing on locking up supply to reduce sell pressure. Businesses can acquire greater revenue shares by buying and locking tokens, and users can stake tokens for additional rewards. The goals post-TGE include acquiring API users and securing strategic partnerships.

Security Measures

Earn Network prioritizes security with KYC audits, smart contract audits, and investments in protocols with proven stability, like Abe and Camino. Additionally, it employs AI systems to monitor anomalies, ensuring asset safety through strategic, controlled deployments.

Community Engagement

Jeff emphasized the importance of community engagement, leveraging social campaigns, feedback, and rewarding early community involvement. He appreciated the active participation during weekly spaces and Q&A sessions.

Roadmap and Future Plans

Jeff outlined plans leading up to TGE—focusing on user acquisition and expanding API partnerships. Post-TGE activities include enhanced utility applications for the token and strategic business integrations.

Closing Remarks

Jeff encouraged listeners to explore Earn Network’s offerings and presale opportunities, expressing gratitude for the ongoing support and engagement. The interview concluded with excitement about the future developments and the impact Earn Network has in simplifying Defi investments.