Why personalities are not important on DeFi platforms?
Why we don’t show the project’s team? Here’s how we see it.
Let’s say you’ve found an interesting project with lots of smiling faces of famous and not so famous people on the website. The competence of these people is astounding and they seem to have credibility. They simply cannot encourage you to invest in an unreliable product. But is that actually so?
A beautiful wrapper attracts one’s attention and inspires confidence. However, it distracts from what’s on the inside. What are the mechanics and the technical input of the project? Unfortunately, many users don’t do their own research. As a result, many projects that hide behind famous names turn out to be scams in the end. They vanish, taking the users’ investments with them. There’s no need to say that there are no refunds and profit.
What’s our approach?
Decentralized Finance (DeFi) imply a complete absence of influence on the system by the developers or any affiliates. That’s why we distance ourselves from personalities, focusing on the project itself. We provide public access to the open-source code and documentation of the Timvi DeFi platform. Only you, our users, can emit the TMV stablecoin. All transactions with TMV are transparent and can be tracked via blockchain.
We do not say you shouldn’t trust anyone. However, if someone tries to convince you that the collateral of the project is kept on some strange accounts and the decisions are made via an “inner circle” vote, you have to ask yourself. Am I sure it isn’t “funny money”?
On the Timvi DeFi platform, you emit TMV on your conditions when you need it. We only provide convenient financial tools for you.
We believe in decentralized finance and we are sure that real smart contracts are for smart users!
