A Manifesto | by Colend

Colend.xyz
2 min readMar 30, 2024

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We, the members of Colend Protocol, through this manifesto, affirm our commitment to developing financial solutions that prioritize:

  1. Decentralization over centralization: Support infrastructures and operations that minimize centralized control points, to enhance the resilience and censorship resistance of the financial system.
  2. Equity and universal access over profit: Ensure that our protocols promote fairness, offering equal access to all, without discrimination.
  3. 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.
  4. 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.
  5. Simplicity over complexity: Favor simple and understandable solutions that make decentralized finance accessible and usable by the greatest number.
  6. Transparent collaboration over competition: Encourage open and transparent collaboration among all sector actors, to build standards and solutions that benefit the entire community.
  7. Continuous adaptation and innovation: Remain agile and open to change, constantly adapting and improving our protocols to address emerging challenges and technological opportunities.
  8. 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.
  9. 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.

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Colend.xyz

Lend & borrow Bitcoin on Core network. Building the first BTCFi protocol with ve(3,3) governance.