It’s been a while since I started writing this post, but I’m publishing it just now. I would work on a description even more, as things are missing (the file attached), but it’s just too long already. So, here we go.
My team and I are working on a lending/borrowing protocol called Opus Dei (opusdei.money), which was supported by the Tezos Foundation at the end of summer 2021. We’ve supposed to go live at the beginning of November, but haven’t delivered what was promised. There are reasons for that, but the fact of failure remains. That is the reason why we’ve decided to create that topic here - to let the community know, that we are not a bunch of scammers and we are not finished. Perhaps, it was necessary to do so earlier, so the whole topic would take a different approach, but, as already mentioned, there’ve been transformations in the project we couldn’t have foreseen.
In the beginning, we’ve discussed the idea of creating a Compound-like DeFi service on the Tezos network from a Tezos enthusiast, Claude Barde. We had a meeting with Claude in March 2021. Here is the link to the first description we had, which also went to the grant proposal. Claude wasn’t then and is not now a part of the team and was rather involved as a tech support, as we knew nothing about Tezos by that time.
After our team realised there will be more things to do on our own in the network, our web developer decided to leave the team. That means wallet connection, node/blockchain monitoring and all that. It was the beginning of October already. The following depression, the situation on the market, personal events in real-life have worsened the situation. But still, the rest of the team has continued working. By mid-November, we’ve managed to find a new developer, who was interested in the project (and still is). His knowledge of any DLT’s was very general, so it took a while before we could move on with the development.
Today, it is December the 6-th, the new team is assembled and working every day. There are still technical gaps but are getting there.
So, once again - what’s the whole thing about? We’ve received the grant and haven’t delivered what was promised on time. We’ve seen a lot of unfair behaviour from development teams in the blockchain world (and the number of scammers saying “Trust me Imma professional” in general is just out of this world) and this topic is written to let the community know, that we are not one of these teams.
Now, if there are still people reading this post after what’s been described above, we would like to share what we are working on at the moment.
Here is a link to the file. G.Cloud again, download or read in the browser - as you wish. That file is a certain coming-out for the team and the project. We declare who we are what we think and why are we doing Opus Dei. The average age of the team is around 35 years, almost all of us are fathers, so it’s kind of a cry from the heart, as it simply can’t go on like that anymore. You won’t find mathematical formulas there (that will be provided soon though), very few for tokenomics, but a lot about where we are today and how do we want to solve the situation.
In addition to all that is already written, we are looking for more people to join the team and, well, for Your feedback and, well, some critics. If there are people here, who would like to share their ideas of token circulation, fighting inflation, or ideas about DeFi in general - let’s talk here and welcome to the team!