About the Team

Who We Are & Why We Do This

About Us

We are a team from Carnegie Mellon University. In the spring of 2023, I was taking a course on mathematical finance when we began a new unit on fixed income. That same week, our blockchain club planned to attend ETH Denver. While I was there, talking to every single person and learning about each individual project, I kept wondering, "What could I build?"

Conveniently, since I was learning about interest rate swaps in school and knowing that the fixed-income market was limited in decentralized finance at the time, I decided to create Lila Finance.

Please feel free to connect with me on LinkedIn. If you want to talk about DeFi or your projects or work together, I'm happy to start a conversation. I hope you enjoy the service Lila Finance brings to the blockchain ecosystem.

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Why Create Lila Finance

The idea and execution reasoning really came down to the fact that decentralized finance was supposed to improve upon (or even replace!) traditional financial systems. But as Andrew Cronje said, people in DeFi build because they believe they can do something better without understanding why those systems were built.

Fixed income composes the majority of all financial markets, and that makes good intuitive sense. Stability matters in finance, but DeFi lacks that particular aspect of stability. With other fixed-income solutions on the market, our team wanted to innovate but also simplify the solution. So we set out to do just that, no-nonsense.