Tell us about your Company (Geode Finance)
Basically, Geode Finance is an infrastructure support for any company which wants to stake their Ethers/AVAXs. Operating nodes could be a challenging task for staking and what we are doing is bringing together a group of professionals who already have some staking experience and hardware equipment to optimize customer’s profits and provide a trustless platform where anyone can freely choose any staking operator. The best part is, unlike other Ethereum staking companies, Geode Finance cannot interfere with any withdrawal processes.
Who are you and what is your specific role in the organization?
I am Cypher. My main expertise is off-chain calculations, in short. Mostly, all API calls, reward calculations, and formulations, and oracle systems are developed by me. Understandably, all developers should have known all parts of the system. Therefore, it is unfair to give all the credit to myself. We always helped each other in every aspect of the project in terms of development.
What was your journey like to get where you are?
Beforehand, I was working for the government on expert systems. Then, I shifted my focus to academia and learned about cryptography. After publishing a few articles on privacy and security, I met with Ice Bear (lead developer & co-founder) and Pacific on another project. I was over-optimizing stuff back then and I believe we were impressed by each other’s work mutually. Now, I am glad to be Co-Founder of Geode Finance with these brilliant guys.
What is your company doing in the crypto space and what value do they bring to the DeFi ecosystem?
It is too hard to construct a summarized answer to that particular question. In addition, I believe I already gave some information about the value that Geode brings. Therefore, I strongly recommend reading our documentation and white paper for a detailed explanation.
What about cryptocurrency and the blockchain are you most excited about in the future?
Personally, I am a really huge fan of Avalanche blockchain. Since my bachelor student years, the probabilistic data structures have always impressed me. By then, I always tried to find a way to get rid of enormous expensive calculations by sacrificing near-zero accuracy. Everyone can agree that whoever invented PoW consensus is a genius. However, in the scheme of things, the gossiping algorithm brings a new aspect to consensus.
Why should the average person be paying attention to cryptocurrencies and the blockchain?
I strongly believe that average people shouldn’t involve in crypto ecosystems, as they may not understand the markets and may be taken advantage of, especially in the early years of this technological
advancement. However, If you are an above-average person, you must already find multiple alternatives to utilize your money. The staking mechanism is definitely one of the alternatives for both businesses or individuals to increase their laid-up coins. In addition, having wide ranges of opportunities is always a good idea for investment.
What is your long-term vision and where do you see Geode Finance in the coming years?
Usually, involving myself in short-term projects is against my nature. I see a bright future in PoS blockchain technology. We have established the Geode Finance idea based on Beacon Chain which makes us the forerunners of this revolution. For this reason, I think we are far from reaching our full potential. Staking is a new area that should not be monopolized and I am sure that with the beacon chain merge, every company will be a part of this new system. We are the first project in history to have this idea and I believe one day, we will be the first protocol that comes to mind when we say “staking.”
