As the number of DeFi users continues to skyrocket, DMM partners with Protofire to scale capacity to meet growing user needs.
DeFi Money Market (DMM), the decentralized protocol and ecosystem that brings earned interest back into the global monetary system, partners with Protofire to expand development operations. Protofire is a team of engineers that helps decentralized protocols and developer platforms to accelerate growth of their ecosystems. Protofire brings their experience working with many major projects in crypto and DeFi, including 0x, Aragon, POA, Maker, bZx, and Opyn, to supporting DMM to scale its capacity to meet the needs of an ever-growing DeFi user base, now exceeding the half million mark.
“We are in the midst of a financial revolution in which users around the globe are flocking to DeFi platforms to help them save and earn more,” said Gregory Keough, Member of the DMM Foundation, the organization behind the DeFi Money Market (DMM). “Our partnership with Protofire will help us to scale our capacity to be able to take on and complete larger tasks in less time.”
“We are excited to lend our expertise working with many of the leading blockchain projects in general and DeFi projects in particular to helping DeFi Money Market achieve its aims,” said Manuel Garcia, CTO at Protofire. “Usability is still one of the greatest roadblocks to users participating in DeFi, and we look forward to closing those gaps created by difficult-to-use systems with easy-to-use interfaces and applications with DMM.”