WEEKLY REPORT
15 Dec 2024

Building for the 99% — Weekly Report

Discover how Hoops Finance is democratizing DeFi access with innovative tools and infrastructure designed for everyone, not just the crypto elite.
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Sarah Chen
Product Lead - Hoops Finance
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Building for the 99% — Weekly Report

Democratizing DeFi Access

Beyond the crypto elite

Traditional DeFi has been built for the 1%—those with deep technical knowledge, substantial capital, and time to navigate complex protocols. At Hoops Finance, we're flipping this narrative by building infrastructure that makes DeFi accessible to everyone.

Our mission is simple: remove the barriers that prevent everyday users from participating in decentralized finance. Through intuitive interfaces, automated strategies, and transparent processes, we're creating a DeFi ecosystem that serves the 99%, not just the privileged few.

DeFi Accessibility

Breaking Down Barriers

Simplicity without compromise

Complex user interfaces, high gas fees, and technical jargon have kept millions away from DeFi's benefits. Hoops Finance addresses each of these pain points with purpose-built solutions that maintain security while dramatically improving user experience.

Our API abstracts away blockchain complexity, our FlashPools reduce transaction costs through intelligent batching, and our Vaults provide one-click access to sophisticated yield strategies. The result? DeFi that feels as simple as traditional banking, but with all the benefits of decentralization.

User Experience
  • One-click access to complex DeFi strategies
  • Dramatically reduced transaction costs
  • Intuitive interfaces that anyone can use
  • Transparent, audited smart contracts

The Path Forward

Building the future of finance

This week, we've made significant progress on our mission to democratize DeFi. Our Testnet launch has shown promising results, with over 10,000 users successfully completing transactions with zero technical friction.

As we continue building, we remain committed to our core principle: financial tools should empower everyone, not just the technically savvy. The future of finance is decentralized, accessible, and built for the 99%.

Future of Finance
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