AI + Bitcoin with DeFi
A glimpse into the future of Web3
Many moons ago, I joined Gemach DAO as an early member. As things ramped up in my career and life due to Bitcoin and Bitcoin L2 work, I placed my work in the DAO on pause. I had to pause it because the DAO was and still is mainly EVM, which is short for Ethereum Virtual Machine, meaning not Bitcoin focused. I am Bitcoin preferred. While I am not a Bitcoin Maxi, I do subscribe to the school of thought that Bitcoin should be ground zero that we can build on. However, I am willing to look outside the orange lines of Bitcoin from time to time to study what’s happening and see if Bitcoin can be brought into the scope of it. RWAs? Bitcoin. NFTs? Bitcoin. Lending? Bitcoin. DAOs? Bitcoin. I think that you get the picture. I kept up with Assune, the lead developer of Gemach, on an almost daily basis during my time away from the DAO. We would trade memes (as is the norm for anyone in Web3), life updates, what we are building, and what we are soon to ship. When my schedule opened up more, I had conversations with him about being more active with Gemach DAO and also bringing what I learned regarding Bitcoin/Bitcoin L2s into the DAO. Click here & stay tuned. 🟧
Here’s the skinny on the history of the word “Gemach” per Wikipedia: “Gemach is a Jewish free-loan fund that subscribes to both the positive Torah commandment of lending money and the Torah prohibition against charging interest on a personal loan to a fellow Jew. Unlike bank loans, gemach loans are interest-free and are often set up with easy repayment terms. Gemachs operate in most Jewish communities.”
Now, Gemach DAO is a community of experts that provides tools to generate opportunity and insight across the DeFi ecosystem. I’ll pause here for those that may be new to the concept of DeFi. DeFi is short for “decentralized finance.” These tools include interest-free loans, vaults, lending & borrowing protocols, and an AI trading bot. We're building the best borrowing experience and most powerful trading bot in DeFi. All Gemach products are self-custodial, which means you are always in control of your funds. Gemach includes hedge-fund-like tools and strategies, providing increased transparency, liquidity, and reduced barriers to entry. All DAO members get a combination of specialized tools with community support and ongoing education, which I am big on! One of the tools Gemach DAO has live now is GBot, which is a trading phenomenon for people in the altcoin world, specifically anything on Solana, Ethereum, and Sonic, formerly known as Fantom. Interested in the GBot? Click here.
Another tool, Gemach Loans, has a TVL of roughly $500M; TVL is short for “Total Value Locked” for people who may be unaware. Along with this, there’s GLend, which is a compounding tool that allows for users to enjoy automated compounding and whole portfolio collateralization. Gemach even has an index fund and a vault tool that helps users earn yield on digital assets that are simply sitting. 2024 results? 30%! What’s cooler than that is the fact that Gemach has an AI agent working as an operator within the DAO. Her name is Ari. You can interact with her on Twitter now! Speaking of which, I was on the Mario Nawfal show today speaking on AI tooling, and here’s a clip of me speaking on Gemach DAO to a live audience of over 73K people.
From aggressive to conservative, Gemach DAO has created options for everyone. While I am still building out tools and apps as well as updating the current platform of focus as a Bitcoin entrepreneur, I will be doing more consulting, advocacy, education, partnerships, collaborations, and DAO work in 2025. In January, I might even be sharing insights regarding a NEW partnership I have. So excited. Happy New Year!
- Christopher Perceptions