We have been experimenting with Defi using the Tezos blockchain and been validating transactions on Tezos since late 2020. We monitor the upgrades and use cases on Tezos, and fully believe in the protocol. We use Ethereum in the bulk of our work as it has the bulk of the smart contract development, but Tezos has a working, clean component through it’s consensus mechanism that relies on Delegated Proof-Of-Stake.

We have a private baker as we demonstrate our trust and faith in Tezos by forgoing larger returns in Defi to validate transactions on the base layer.