How $15M Transformed a Wallet—And It’s Revolutionary 😉

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Legend, that audaciously ambitious decentralized financial platform dreamt up just yesteryear—and currently still playing dress rehearsal in its test phase—has unveiled its first act: a jaw-dropping $15 million raised from none other than [Andreeessen Hotowitz](https://pollinations.ai/referral?topic=a16z). Shocking, darling! Toss in some pocket change from Coinbase Ventures (because, really, why not?), and one might think Legend’s “dream of simplicity for the complexity-ridden souls of DeFi” is more reality than wishful thinking. Bravo! 🎩

Legend, birthed from the camaraderie of [Compound’s](https://pollinations.ai/referral?topic=compound) executive crew (yes, dearest, these are no amateurs), has promised the moon – a single, dare we say, delightfully mobile-first interface! Their declared noble mission? Wrangling 100 million newbies onto the blockchain by making DeFi delightful instead of dull. Pray, will they succeed, or is this another Wildean tragedy? Stay tuned. 🕶️

Legend’s Wallet: So Seamless, It’s Scandalous

Behold! Legend doesn’t bother with such medieval tools as seed phrases. “What are we, peasants?” they must have thought while conjuring their non-custodial Turnkey-powered wizardry of a wallet. It’s secure, scalable, and undoubtedly the belle of the blockchain ball. Witness your assets and protocol balances gathered in a single interface like a well-heeled debutante’s dance card. And good heavens, cross-chain asset transfers made possible by Across Protocol? Genius or just showing off? You decide. 🪄

No more seed phrases. No more endless approvals. No more dodgy website connections. 💀

Legend combines Web2’s suave smoothness with Web3’s unswerving trust. Simply smashing.

— Legend (@joinlegend) October 10, 2024

And if crossing the DeFi moat wasn’t enough, you can lend, borrow, and earn from your plush Legend app chair without venturing into the wilds of endless logins and perilous approvals. Meanwhile, Uniswap and 0x will work their magic under the veil. Even the gods of DeFi wallets like Coinbase and Metamask can, apparently, “shudder” at the thought. Touché. 😌

Compound’s Luminaries Behind Legend’s Curtain

The architects of Legend are none other than Compound’s former masterminds. Jayson Hobby, the once-CEO of Compound, swapped out his laurels for a shot at immortalizing another DeFi revolution. Joining him, Mykel, Geoffrey, and other Compound alumni have poured their brilliance and (dare I say) cheeky grins into Legend. It’s like a cosmic reunion, but for decentralized finance. The app might soon grace the Apple App Store with its presence (oh, the excitement!) while amassing a user base certain to sing its praises—or whisper witty critiques. 🍏

Legend launch image

With a war chest of $15 million to fund their rebellion against complexity, Legend aims to woo the unworthy masses (that’s us, by the way) with simple-but-classy UX. A toast to innovation! Or to Legends—and legends—we’ll see which comes first. 🥂

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2025-02-12 13:54