Transfer of ownership

Creed Finance
2 min readDec 4, 2020

Dear CREED Community,

We apologize for such a late update to our community. Due to the recent Covid-19 pandemic, our team has been suffering from a lack of resources to continue developing CREED platform. Since the development has been delayed, we have discussed with our community members individually for voluntary work. After long discussions with our CREED community member named Defu, we have decided to transfer the ownership to Defu and his development team so they will continue to develop CREED. Our team will continue to support Defu whenever necessary.

Here is the introduction of Defu and his development team:

My name is Defu. My development team is in China, and we have joined the CREED community construction in the form of community volunteers to build CREED into a decentralized autonomous organization, the DAO, aims to create an integrated DeFi platform that integrates various products including yield aggregators, lending, DEX (swaps), etc., so that the community can easily obtain various products. Kind of DeFi services and develop your own investment portfolio on a platform. The team supporting Creed finance aims to continue its efforts to provide the community with high-quality DeFi products.

Our development volunteer Youths, from the Chinese community, will be responsible for the development of CREED. He has 4 years of experience in the blockchain industry. He has developed public chains and alliance chains and started to focus on the development of Dapp in ETH last year. Is a blockchain full-stack developer. We have enough capacity to rebuild CREED.

The transfer of ownership is in process and it will be finished by this week. With the details, Defu will follow up with the process once the ownership transfers.

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Creed Finance

Creed protocol is built on decentralized financial platform built on Ethereum network to provide users SIMPLE & EASY profit maximizing solution