Acumen Network with Andrea Gómez and Javier

The yWhales team speaks with Andrea Gómez, CEO of Acumen Network, and anonymous guest, Javier, about Acumen Network. Acumen is the only protocol in the world that has Central Bank Authorization to lend. It allows DeFi users to earn a stable yield generated through real-life microfinance loans given to El Salvadorian entrepreneurs and small businesses. The loans are collateralized with real-life assets that will be transferred to the Acumen DAO should a loan fail. Andrea and Javier discuss how this network came to be and the technology behind the app. They also discuss why they chose the Solana ecosystem and why Javier is anonymous.

 

About Guests

Andrea Gómez is the CEO of Acumen Network as well as an Attorney at Law and Notary Public. She has a Master’s Degree in Business Administration and Postgraduate Degrees in International Business and International Women’s Health and Human Rights. She has 12 years experience in the financial sector and has been involved in Bitcoin mining since 2012. She’s been active in DeFi since inception and was an early investor in Aave, Chainlink, Solana, and others.

Javier is from El Salvador.

 

You’ll learn about:

• The backstory behind Acumen Network and the Stable dApp
• The Acumen team and the technology behind the app
• Where they think TradFi is falling short and the watershed moment that pushed them into the space
• The difference between Ethereum ecosystem and the Solana ecosystem and why they chose Solana
• The Acumen Network’s governance and how it’s organized
• Why Javier is anonymous
• Crypto acceptance in El Salvador

 

Resources: 

Connect with YWhales: Website | BitClout | Twitter

Acumen Network: Website | Twitter | Discord | Telegram | Medium

 

Timestamps

[01:18] Javier’s background

[02:33] Andrea’s background

[03:58] Where was TradFi falling short?

[05:34] The watershed moment that pushed them into the space

[07:00] Why did you choose Solana?

[08:12] About Acumen

[12:44] Advantages of Acumen

[14:46] Governance

[15:56] Compliance and regulatory viewpoint

[18:49] Why Javier is anonymous

[21:30] Exploring different geographical areas 

[22:57] Global adoption

[25:50] How it works on a technology perspective

[27:20] Crypto acceptance in El Salvador

[30:54] Investors in El Salvador

[32:14] The Acumen Team

[35:28] The Tech

[39:20] The Stable dApp

[42:18] Differences for lenders

[43:03] Auditing

[45:00] Platform demo

[48:12] Acumen’s Lending Market

[49:18] Action items available on the Acumen website

[50:31] What excites our guests

[55:09] How to contact Javier

 

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.