Background

The DeFi protocol economy is primarily an asset-backed financing regime with over-collateralization (OC) as its main methodology, which is ultimately bottlenecked by the immediately available assets on the local blockchain. Cross-chain technology, which aspires to make all heterogeneous assets from all blockchains accessible from any local blockchain, can loosen the bottleneck to a certain extent, but it alone can do very little to cross any assets that are structurally illiquid at their origination networks, which apparently include the much wider range of assets that are not originated from public blockchains. If the DeFi movement is to gain wider legitimacy, financial products introduced via credit mediation must have their presence in DeFi, hence the urgent mandate of financially focused DAOs that are rigorously constructed, flexibly operated, and professionally equipped to perform finance.

However, the hastily and sloppily designed DAOs of the past pose an existential threat to the future role of DAOs in decentralized digital finance. Fraught with plutocratic governance schemes, Sybil-infested incentive structures, and unaudited smart contract logic, past DAO failures have caused hundreds of millions in stolen funds. Integrity issues aside, the lack of comprehensive financial engineering capability further limits the potential and scalability of such DAOs, forcing them to become fractured entities only able to do limited business by practical means.

INK Finance will establish a gold standard of financial DAO construction and operation that will serve the best-decentralized organizations, including emerging venture capital and crypto managers and syndicate groups, Web3 protocols and applications, and even traditional institutions such as art auction houses, Fortune 500 corporations, and mainstream financial firms. With its highly customizable modules of DAO configuration and powerful financial management tools, INK Finance will continuously iterate with technological, financial, and regulatory bodies to properly serve a diverse clientele that strives to adapt and thrive in the Web3 era.