Quick socket:
- The company wishes to operate as a more useful auto-custodie portfolio, bringing all the services based on Ethereum to one place.
- When the application is launched, users have their own auto-castody portfolios integrated into the application.
- Legend works with various decentralized financing applications to allow users to access various services without leaving the application.
Legend, a decentralized “super application”, raised $ 15 million to Andreessen Horowitz (A16Z) and Coinabse Ventures. It is developed by Jayson Hobby and two executives who have previously helped build the compound of the crypto loan platform.
The company is trying to build a “more useful self-measurement portfolio” improving on what the founders have done with compound, bringing as many cryptography services as possible to super application.
According to Hobby, Legend is already working with various decentralized applications to allow users to access various services without leaving the application.
Currency in the test phase. Once the application is launched, users will have their own integrated car leather wallets.
Among the services activated with the launch, users will be able to send and receive crypto in their Legend portfolio via uniswap and 0x decentralized exchange platforms. They will also have access to loan services and cryptographic loans offered by Compound and Morpho.
Describing how the platform works in a fortune interview, Hobby said that the approach is that of a “enclosed garden”, adding that users will not need to check the legitimacy or reliability of the applications they have Access because legend has already made that. “You are in this securely enclosed garden where nothing wrong can occur because we have done all these integrations and removes a large part of the risk of interacting with DEFI,” he said.
According to Hobby, the company is now working so that the application is listed on the Apple App Store while it is about to build a reliable user base.
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