There’s no shame in being wrong

CN
5 hours ago

There’s no shame in being wrong. The shame is in refusing to let go of it once you’ve seen the truth.

Three years ago, when FTX collapsed, I was convinced Solana had no future.

Phantom wallet announced expansion to Ethereum, some projects lost funding from FTX/Alameda, Solana’s price dropped to single digits, and several projects and NFT collections migrated away.

But time proved me wrong.

Despite the initial challenges, developer activity rebounded, and the ecosystem began to rebuild. Solana became the leading blockchain in many dimensions, and six months ago, I spoke with our team and made the case: we need to bring the most advanced Ethereum tech into a high-performance environment with a growing, passionate user base — Solana.

Today, we’re auditing our contracts on Solana.

Porting our codebase was no easy task. Solana is user-first, and adapting our architecture required careful changes to logic without compromising on the protocol architecture and principles.

Partnering with @JupiterExchange was a no-brainer. They are the best team and our best friends in the Solana ecosystem, and were missing just one piece of the puzzle to turn their stack into a true DeFi superapp: a next-gen lending market.

The Fluid (ex-Instadapp) team brings seven years of experience building on top of lending protocols and building one of our own.

I wrote this post to say hello to the Solana community — and to greet every builder who stayed the course through the hard times and helped lead this ecosystem into a bright future.

$FLUID 🌊


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