A Manifesto | by Colend
2 min readMar 30, 2024
We, the members of Colend Protocol, through this manifesto, affirm our commitment to developing financial solutions that prioritize:
- Decentralization over centralization: Support infrastructures and operations that minimize centralized control points, to enhance the resilience and censorship resistance of the financial system.
- Equity and universal access over profit: Ensure that our protocols promote fairness, offering equal access to all, without discrimination.
- Security and robustness over features: Prioritize the security of users’ funds and data above rapid feature expansion, to ensure trust and long-term sustainability of our ecosystem.
- User needs over technical specifications: Listen to and meet the real needs of users to guide the development of features, rather than being carried away by technological possibilities.
- Simplicity over complexity: Favor simple and understandable solutions that make decentralized finance accessible and usable by the greatest number.
- Transparent collaboration over competition: Encourage open and transparent collaboration among all sector actors, to build standards and solutions that benefit the entire community.
- Continuous adaptation and innovation: Remain agile and open to change, constantly adapting and improving our protocols to address emerging challenges and technological opportunities.
- Honoring and contributing to Satoshi Nakamoto’s work: Recognize and build upon the founding principles of Bitcoin, while contributing to the evolution of its ecosystem to ensure its relevance and robustness in the future.
- Finance for the people, not just institutions: Commit to creating and fostering financial systems and tools that empower individuals rather than centralizing wealth and power in the hands of a few institutions.
By adhering to these principles, we commit to developing a decentralized financial system that is not only fair and secure but also sustainable, accessible, and aligned with a vision of a future where finance serves the entirety of humanity, without barriers or exclusions : the BitcoinFi.