Why Athena DexFi?

Athena DexFi was born in my mind during my academic journey. I hold a degree in law and a master's degree in finance, during which I had the opportunity to analyze the numerous injustices perpetrated by financial institutions over time, often with the protection of governments. I would describe Athena DexFi as a university project rather than a company. "Banks will always be bailed out by governments, no matter what they do". Following this mantra written in the Bitcoin genesis block, Satoshi Nakamoto proposed an alternative financial system that would eliminate banking intermediation, allowing individuals to have full control over their money.

Unfortunately, over time, cryptocurrencies and DeFi have drifted away from the original 'noble' concepts of alternativeness, justice, transparency, and security, ending up in a cycle of greed and speculation. Major exchanges choose to sponsor pyramid schemes, meme coins, and valueless projects, channeling millions of dollars from users, while projects that genuinely aim to make a difference have to submit to the decisions of whichever exchange is in power. It reminds me of the subprime mortgage crisis of 2008, where banks encouraged highly risky investments just to earn a commission. And in the end, it was the investors who had to pay, just as it happens in the traditional economy, but now in the world of cryptocurrencies, banks have been replaced by centralized exchanges. Luna and FTX are only the first signs of this inexorable decline, and I wouldn't be surprised to soon witness the largest global financial crisis caused by the cryptocurrency sector itself.

However, blockchain technology also offers us the opportunity to create something transparent, clean, that does not encourage speculation, but rather ensures sound capital management, where users can have control over their investments without relying on centralized crypto banks. That's why I founded Athena DexFi, a secure and decentralized protocol that aims to assist people who invest or hold their funds in this sector. Athena DexFi is not a bank and has no intention of becoming one. The name pays homage to the golden statue of the goddess Athena located in the Parthenon in the Greek capital. Few people know that the Greeks would replace the gold of the statue with bronze during times of war, only to restore it during periods of prosperity. Just as the goddess Athena 'aided' the people during difficult times, Athena DexFi's mission is to help its users by creating a transparent, secure, and decentralized protocol, thereby providing the necessary tools to autonomously manage their financial resources. Our platform utilizes blockchain technology to track and verify every transaction, eliminating the need for intermediaries and ensuring maximum transparency.