THORChain founder JP Thor reveals his identity and plans a "vampire attack" on DeFi's bad actors while building a super app to consolidate the industry's best protocols.
After years of anonymity, THORChain founder John-Paul Thorbjornsen, known as "JP Thor," has revealed his identity and launched a crusade against the deceptive practices in decentralized finance (DeFi). Thorbjornsen aims to "vampire attack" bad actors and consolidate credible protocols into a super app.
Key Points:
Identity Revelation:
John-Paul Thorbjornsen, who posed as "Leena" for six years, has revealed himself as the founder of THORChain, a prominent layer-1 cross-chain protocol.
Vampire Attack Strategy:
Thorbjornsen plans to initiate a six-month "vampire attack" on DeFi, offering higher incentives to redirect liquidity and expose slow-rugging protocols.
DECASWAP Super App:
He aims to develop DECASWAP, a super app that integrates 10-20 credible DeFi projects into one platform, targeting 100 million users.
Community Impact:
His revelation and aggressive strategies aim to highlight the importance of output over identity in the crypto space and challenge the status quo.
Future Ambitions:
Apart from DeFi, Thorbjornsen is planning an expedition to circumnavigate the globe by helicopter, showcasing his diverse ambitions.
JP Thor's unmasking and subsequent aggressive stance on DeFi signal a significant shift in the landscape. By exposing slow rugs and consolidating reliable protocols into a super app, Thorbjornsen aims to enhance trust and efficiency in the industry. His bold strategies and unique approach could redefine how projects are evaluated and managed in the decentralized space.
Source: Cointelegraph
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