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Bluejay Finance

Bluejay Finance is a capital-efficient protocol for multi-currency stablecoins as the base layer for the monetary architecture of the future to bring efficiencies of DeFi to real world finance.

First Funding Round: $2.9 Million

Testnet: https://testnet.bluejay.finance/

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Overview

Project industryFinance Services & Banking
Product typeProtocol
WhitepaperBluejay Finance White Paper Open

What is Bluejay Finance

Bluejay Finance is a capital-efficient protocol for multi-currency stablecoins. Our mission is to democratize access to decentralized finance by bringing aboard the next wave of users in Asia.

The introduction of USD stablecoins has allowed individuals and businesses to not only pay and receive payments but also to gain access to a wide variety of financial services like money exchanges (ie Uniswap), savings (ie Celsius), investments (ie Synthetix), asset management (ie Yearn), etc. This has helped reduce inequality by democratizing access to financial services, even for the underbanked population.

However, most stablecoin solutions are centered around USD and not designed for other currencies. This means that users do not have a choice of having exposure to currencies other than USD in the DeFi space.

By having stablecoins of different currencies around the world on the blockchain, we lower the barrier for businesses and individuals in these countries to transact with minimized currency exchange risk. This helps to widen the product offerings of existing DeFi companies that provide crypto invoicing (ie Request), streaming payments (ie Sablier), etc.

The ultimate goal of Bluejay Finance is to lower inequality by providing and enabling equal access to low-cost financial services for all.

Details

Raised: 2,900,000 USD

Legal

Registration year: 2021

Project team

Sherry Jiang
Sherry Jiang
Co-Founder & CEO
Sherry Jiang linkedin
Raymond Yeh
Raymond Yeh
CTO
Raymond Yeh linkedin
Ye Myat Min
Ye Myat Min
Chief Operating Officer
Ye Myat Min linkedin
Justin Tew
Justin Tew
Community Manager
Justin Tew linkedin
Pamela Koh
Pamela Koh
Illustrator
Pamela Koh linkedin
Shreya Maliwal
Shreya Maliwal
Trainee
Shreya Maliwal linkedin

Social media

Bluejay Finance web-siteBluejay Finance MediumBluejay Finance TelegramBluejay Finance LinkedInBluejay Finance TwitterBluejay Finance Discord

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