Yuri Molkhan
The founders of Genius Yield are passionate about IOG and Cardano and their potential to transform the lives of billions for the better
In a recent interview with U.Today, the founders of the Cardano-based Genius Yield Web3 platform shared the details of creating their DEX and how it can help regular users build their passive income.
One of the founders of the platform, Dr. Lars Brünjes, who holds a doctorate in mathematics, joined Input Output Global, the company that founded the Cardano chain, a few years ago. Previously, he worked in the field of programming for about 15 years, practicing and teaching it to thousands of students both live and online, as well as blockchain.
He shared that he was fascinated by the potential of the IOG to change the lives of billions of people for the better.
The second founder, Marvin Bertin, comes from the field of AI Engineering/Machine Learning, where he spent many years. Together they decided to build their Genius Yield Web3 platform on the Cardano chain. Now they are preparing to release Genius Decentralized Exchange (DEX) based on their platform.
This DEX will be the key app on Genius Yield aiming to democratize decentralized finance for everyone; that is the motto of the platform.
According to the founder, the main feature of his DEX will be the “decentralization” of Web3. They have built it to allow any Cardano wallet owner to use the decentralized exchange and switch between Cardano’s ADA and Cardano-based coins, including Genius Yield’s native token, GENS.
GENS is a utility token and can be staked within a Genius pool. This will allow owners to generate income through yield farming.
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