Project Serenity is a next generation DeFi protocol that enables crypto miners to transform BTC generated by their rigs into stable, predictable USD-denominated cash flows that are finance-able, which will enable the overall industry to grow. This is accomplished by hedging the three main risk components of:
Power Price Volatility (which many miners have already smoothed via PPA's or hedging),
BTC price volatility (which is hedged without using derivatives), and
Hash Rate Growth, which is addressed by using Project Serenity's novel, defensible, first mover, BTC-denominated DeFi hash rate swaps market where the settlement index is calculated exogenously through an oracle.
meet the team
Our Team
The founders have deep experience with startups (Merkle Data, PeerIQ), finance (Citadel, Morgan Stanley, Webbank), and academia (PhD in Electrical Engineering from Stanford, MS in Computational Finance from Carnegie Mellon). In addition, they have several years of crypto industry experience, mainly at Anchorage Digital in lending, derivatives, engineering, and data science.