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What Is Flurry (FLURRY)?
FLURRY is the governance token of Flurry protocol, originated by Flurry Finance. Flurry is a DeFi protocol offering cross-chain yield aggregation with rhoToken, which is pegged 1:1 to its underlying stablecoin. It automatically farms for yields across different DeFi protocols without locking up funds or interest earned by diversifying DeFi product risk, resulting in lower gas fees.
With a team composed of graduates from Cornell University, Stanford University and Imperial College London, and pedigrees from JP Morgan, Barclays Capital, KBC Financial Products, Daiwa Capital Markets and Societe Generale, Flurry Finance is well-equipped to take the DeFi sector by storm.
Other advantages of using Flurry includes:
• Lower Gas Costs per User
• Risk Diversification
• Nice User Interface
Simply put, FLURRY aims to improve the usability of DeFi products and make the process as convenient as possible so everyone can participate.
Founders of Flurry
Flurry Finance was co-founded by Mike Ting and Lawrence Wong. The team consists of crypto and fintech veterans whose experience and educational background include JP Morgan, Societe Generale, Barclays Capital, Stanford University, Cornell University and Imperial College London.
Mike Ting graduated with a bachelor degree in Computer Science from Cornell University and a master degree from Stanford University. He was an equity derivatives trader at investment banks such as JP Morgan and Societe Generale and also a serial entrepreneur. Impressed with the blockchain technology, he entered the crypto space in 2018 and aimed to recreate existing traditional financial services in a decentralized way using blockchain.
Lawrence Wong graduated with a Master Degree in Software Engineering from Imperial College. With a rich experience as a Derivatives Trader, Lawrence Wong has previously served as Director at Daiwa Capital Markets and KBC Financial Products. He was also a Trading Systems Developer at Barclays Capital Markets. He co-founded a low latency algorithmic trading firm and was an experienced derivatives trader. He is a Blockchain and Crypto Enthusiast.
Answers
What Is Flurry (FLURRY)?
Flurry (FLURRY) is the governance token of Flurry protocol, which was created by Flurry Finance. Flurry is a decentralized finance (DeFi) protocol that offers cross-chain yield aggregation through its rhoToken. The rhoToken is pegged 1:1 to its underlying stablecoin.
Flurry protocol automatically farms for yields across various DeFi protocols, allowing users to earn interest without locking up their funds. This diversifies the risk associated with different DeFi products and helps to reduce gas fees.
Flurry Finance has a highly skilled team, including graduates from Cornell University, Stanford University, and Imperial College London. The team also has experience working at prestigious financial institutions such as JP Morgan, Barclays Capital, KBC Financial Products, Daiwa Capital Markets, and Societe Generale. With their expertise, Flurry Finance aims to make a significant impact in the DeFi sector.
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