Senior Coinbase Engineer Luke Youngblood Joins BENQI Protocol As A Strategic Advisor
BENQi, the primary and largest algorithmic liquidity market protocol on Avalanche, is delighted to announce the appointment of Luke Youngblood as a strategic advisor.
On becoming a member of the BENQI advisory board, Luke Youngblood mentioned,
“I’ve been following BENQI for some time now and it’s nice to see them hit milestones beforehand exceptional. Avalanche basically, and BENQI specifically, is nicely positioned to deliver the know-how that powers DeFi to the standard finance world. I’m excited to have the ability to supply my expertise and connections on their path to bridge DeFi and institutional networks inside a set of DeFi merchandise.”
As a senior workers software program engineer at Coinbase (NASDAQ:), Youngblood leads the event of the brand new staking and governance merchandise inside Coinbase Cloud. Previous to becoming a member of Coinbase in 2019, he was a principal options architect at Amazon (NASDAQ:) Internet Companies.
Youngblood is well-known throughout the blockchain house for having constructed out the staking infrastructure for the Tezos community, which helped it grow to be the world’s largest decentralized proof of stake validator on the time. He has additionally constructed the worth oracle Harbinger and an algorithmic stablecoin known as Kolibri.
BENQI co-founder JD (NASDAQ:) Gagnon mentioned,
“Past being a visionary, Luke has the observe file of overseeing profitable supply of huge scale initiatives each inside and with out the blockchain ecosystem. I’m certain Luke’s experience and community will probably be an ideal addition to BENQI.”
With BENQI just lately hitting $2 billion in equipped worth, Youngblood’s addition comes at an excellent time to assist the protocol develop to new heights. Youngblood is keen about decentralized finance and distributed techniques, having spent appreciable time throughout the Avalanche DeFi ecosystem that BENQI is on the forefront of.
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