The Backlash team's journey began with the innovative loan derivatives lending protocol (Backlash V1), evolved through the sDAI ↔ GHO flash leverager (Backloop), and further expanded into the external yield source lending protocol (Backlash V2), all while fostering a vibrant DeFi strategist community. Throughout this adventure, we faced numerous challenges. As a start-up protocol, we met these obstacles head-on, seeing them as opportunities for growth and learning. We've tackled many issues with a mix of careful thought and bold innovation. Approaching what we believed was a significant milestone, we neglected the importance of remaining vigilant and adaptive. As a result we had nothing left but to face a substantial technical difficulties and runway limitation.
Our first major "failure" was a tough but invaluable lesson. It took a considerable effort to rebound, a time during which our enthusiasm and passion were truly tested. However, it was a simple message from a new Twitter follower – "I just joined waitlist" – that reignited our determination and reminded us of our mission.
Today, we find strength in our core - our Twitter community and a dedicated group on our Discord server. We're ready to start again, drawing wisdom from our experiences and listening intently to the voices that have supported us. In pursuit of this, we're excited to announce our partnership with "SHY," a platform for fully anonymous community engagement. This collaboration will give birth to a dedicated forum on SHY for Backlash, enabling everyone to share their thoughts and feedback freely and honestly, without the need for identity disclosure through wallet connections.
We invite your candid questions and feedback. Your comfort and openness in sharing with us are invaluable as we move forward. We are here, listening and learning.
Finally, our heartfelt thanks go out to everyone who has shown interest in our journey and stayed with us through these times. To you, we say with renewed energy and optimism: We are Back, stronger and more focused⚙️.