Decentralized finance, or DeFi as it’s known, set out to democratize finance, making it more open, accessible, and fair. Ironically, in this journey, the blockchain industry encountered the same old problems plaguing traditional finance – and without any easy fixes. We’re talking about high interest rates, complicated loan terms, and the ever-present specter of liquidation risks. These issues have unfortunately crept into DeFi, leaving borrowers feeling weighed down by the very system that was meant to empower them.

But what if there was a different path? Imagine loans that could essentially pay themselves off. That’s the vision that David Iach, a key contributor at Superseed, began to explore. His aim? To pioneer a new way of thinking about finance, where borrowing becomes super efficient and managing debt is automatic, working in the background.

To truly grasp what the future holds for DeFi and these self-repaying loans, we sat down for an exclusive chat with David Iach, a driving force behind Superseed. In our conversation, David shared his invaluable insights into why a project like Superseed is so crucial for the evolution of decentralized finance.

Superseed: Origins, Growth, Risks, and Future

Lunar Strategy: Let’s start at the beginning. What sparked the idea for Superseed? What was the main thing you were hoping to achieve?

David Iach: My involvement with Superseed began because I recognized a gap, a problem that seemed to be overlooked by others.

I’ve spent a significant amount of time in the crypto space as an investor. Being a firm believer in crypto’s long-term potential, I naturally want to stay invested. At the same time, as an investor, I want to reap the rewards when my asset selections prove to be correct.

The challenge is, right now, most crypto assets offer limited ways to benefit from ownership besides simply selling them. This isn’t ideal as it essentially turns investors into traders. There has to be a more sustainable approach.

Imagine being able to hold a portfolio of crypto assets, borrow stablecoins against them, and then not have to constantly worry about repayments. What if the underlying protocols used the fees they generated to automatically pay off your loan over time? The realization that a DeFi protocol could be designed to address this very need – that’s what gave birth to the concept behind Superseed.

Lunar Strategy: So, in a nutshell, what’s the core issue Superseed is tackling?

David Iach: The central problem Superseed seeks to solve is enhancing the value of tokens. We’re aiming to make tokens represent more than just utility or governance. If Superseed achieves its goals in the coming years, the ambition is that every token project will aspire to become a Supercollateral token.

Lunar Strategy: Looking at the current DeFi landscape, where do you see Superseed fitting in, especially compared to established platforms like Aave, Maker, or Optimism?

David Iach: I’m actually quite encouraged by the progress we’re seeing in DeFi. Platforms like Aave and Maker have convincingly shown that there’s a huge demand from crypto asset holders who want to borrow against their holdings.

My only slight concern is that a lot of the attention tends to be focused on assets like ETH, BTC, and stablecoins. Meanwhile, many of the assets that initially sparked so much excitement about crypto’s potential have been somewhat left behind. Remember DeFi summer? We were all excited about using governance tokens in various DeFi applications. But these days, you can hardly use most governance tokens as collateral anywhere. I believe that with the right infrastructure in place,

we can change that dynamic. SUPR, Superseed’s own token, will be the first Supercollateral token in the crypto space. But further down the line, Superseed plans to open up the protocol to welcome other projects that want to transform their tokens into Supercollateral tokens as well.

Regarding Optimism, Superseed is a proud partner within their Superchain ecosystem, and we’re truly excited about the Superchain vision. They’ve been fantastic partners so far, and choosing to build alongside them was definitely the right decision.

Lunar Strategy: Fast forward five years, where do you envision Superseed?

David Iach: Five years from now, if the Superseed Foundation succeeds in realizing its vision, we anticipate a future where every new token project in crypto will aspire for its token to be a Supercollateral token. Just as we witnessed a shift from purely utility tokens to governance tokens, I believe we’re on the cusp of a new transition – from governance tokens to Supercollateral tokens.

Lunar Strategy: Being a Core Contributor for the Superseed Protocol must come with its own set of challenges. What have been some of the biggest hurdles you’ve faced, and how did you overcome them?

David Iach: Building anything in crypto is significantly more challenging than many outside the space realize. In fact, I’d argue it’s even harder than many within crypto, who aren’t actually builders themselves, understand. Every week brings a fresh set of challenges that demand attention, and often, there aren’t perfect solutions, just trade-offs that need to be addressed directly. We’ve certainly encountered our share of these challenges so far, but fortunately, we’ve managed to navigate through them.

Lunar Strategy: How important is community building for Superseed’s success?

David Iach: A strong community is absolutely vital in crypto, and the Superseed Foundation recognizes this wholeheartedly. I’m already seeing the early signs of a unique subculture forming around Superseed, and it’s incredibly encouraging to witness. People are creating Superseed-inspired art, games, lore – integrating Superseed into their online identity. We’re still at the beginning of our journey, but we are definitely heading in a positive direction.

Lunar Strategy: If you could highlight one thing you wish the broader crypto community would pay more attention to within DeFi, what would it be?

David Iach: Focus on those who are truly pushing the boundaries. There’s a prevailing sentiment within the crypto world that DeFi is already quite mature, that most of the groundbreaking innovations have already happened, and the real excitement now lies in other areas. But that couldn’t be further from the truth. We’ve only just begun to scratch the surface of what DeFi can achieve, both for the crypto space and for the wider world.

The Future of DeFi is Self-Repaying

Superseed is aiming to become a leading name in capital-efficient borrowing. David Iach’s forward-thinking vision is clear: self-repaying loans unlock capital efficiency, Proof-of-Repayment fosters sustainable incentives, and multi-chain expansion paves the way for future growth. All these elements come together to build a system of sound, practical money. When finance becomes more transparent, financial freedom becomes a more realistic and achievable goal for everyone.

At a time when DeFi is becoming increasingly complex and fragmented, Superseed offers a refreshingly simple solution: let the network work harder for the user by fundamentally changing how decentralized finance operates at its core.