Fast, low-cost crypto lending market on the Algorand blockchain

Software Engineer at Algofi

$125k - $175k / 0.25% - 2.00%
Brooklyn / Remote
Job Type
Any (new grads ok)
Connect directly with founders of the best YC-funded startups.
Apply to role ›
John Clarke
John Clarke

About the role

About Algofi

Algofi is helping build the new financial system. We believe much of the current system of banks, custodians, and intermediaries can be improved with decentralized alternatives. We're starting with a decentralized lending market but plan to build a new banking infrastructure on the blockchain.

We've closed a seed round with some great investors and gearing up for high growth.

Our Culture

John and I met while building + deploying systematic trading strategies at Citadel. When we learned about decentralized finance (DeFi) in 2020, we felt it was going to be incredibly disruptive. We saw what we believed to be the early stages of a new financial world, one where people benefit from the performance and transparency of the blockchain and the democracy of the governance process.

We are passionate about building the new financial system. DeFi has the potential to change the financial system as much as the internet changed the flow of information and we plan on being at the forefront. We want dedicated, passionate individuals who are ready to take on the highs and lows we will face on this journey.

Learn More

Read more about us here

Learn more about decentralization here

Learn about DeFi applications here

Desired Skills

  • Undergrad / Masters in CS or Math & STEM
  • Provable understanding of data structures, algorithms, software design
  • Demonstrable proficiency in a programming language e.g. Python, Java, C, JavaScript (NodeJS, React)
  • Upholds highest code quality standards + practices (e.g. testing, code reviews)
  • Strong work ethic and proactive approach to problem solving

Job Description

The role will be multi-faceted. You will help with front-end & back-end development, dev ops, and smart contract development. You will be expected to learn quickly and self-start across a variety of challenging and crucial projects.

Why you should join Algofi

About Algofi

About Us

Algofi is building a fast and low-cost lending market on the Algorand blockchain.

Building on Algorand enables < $0.01 transactions compared to ~$15 or more on other incumbent networks. These high costs and slow transactions make decentralized lending markets inaccessible to the majority of potential users, something we are working to change.

Our long term goals are quite ambitious. We aim to be the first crypto-native bank that bridges the gap between traditional and decentralized finance. The initial lending protocol will launch for users everywhere in Q4 of 2021, with additional fiat on- and off-ramp solutions, and more, forthcoming.

Read about us in the news here