The Good Tech Companies - Byrrgis Founder: "Mass Adoption Won't Happen Until We Fix These DeFi Problems

Episode Date: November 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/byrrgis-founder-mass-adoption-wont-happen-until-we-fix-these-defi-problems. Talk Is Cheap, Actions Define You": How Byrrgis Is Rewriting DeFi Trust Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #byrrgis, #blockchain, #defi, #cryptocurrency, #dlt, #good-company, #web3, #byrrgis-news, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Siraaj Ahmed, founder of Byrrgis, talks about the platform's "curated packs" The "wolf pack" concept is at the heart of Byrrgis, he says. The company recently froze 57% of the $WOLF token supply for two years.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Byrgus founder. Mass adoption won't happen until we fix these defy problems by Ashan Pondi. Ashand Pondy. Hi, Saraj, welcome to our behind the startup series. You've built your career in fintech startups before entering the Web 3 space. What specific experiences from traditional fintech shaped your vision for Byrgus and what was the moment you realized the defy space needed a platform like Byrgus? Saraj Ahmed. Thank you for having me on the series. I'm excited to share more about Byrgus with you. As you mentioned, my career has been defined through a variety of fintech startup experiences and through those I was able to see the benefits and weaknesses of fintech

and trad phi as a whole. There was such a large barrier to entry for the average investor, and so much of the necessary insight was hidden away, are chaotically scattered. That investor doesn't need to understand algorithms and complex ratios. They have an idea of their risk and they want to invest in a way that supports this. They want transparency, trust, and they want a simple interface. I saw that as Web 3 evolved, it offered this possibility for the average investor to get rid of the intermediaries, brokers, and other fee-driven barriers. It has such tremendous promise, but Web 3 came with its own problems. We decided then that there was more work to be done in Defi before experts and newcomers A. Like could really experience the simplicity,

transparency, and trust they should expect when investing. Ashon Pondi, Byrgus was founded to address what you call one of Crypta's greatest challenges, the flood of scams and rug pulls. Many platforms claim to solve trust issues, but you recently made headlines by freezing 57% of the dollar wolf token supply for two years. Walk us through the decision-making process behind this move, and why you believe this zero-trust security overhaul was necessary been before your platform launched. Saraj Ahmed. The decision to freeze the 570 million tokens might have been shocking to many,

it was straightforward to us. It's simple. Talk is cheap, butactions defined who you are. Freezing over half the token supply for two years was an easy way for us to show just how serious Byrgus is about creating trust, being transparent, and eliminating any doubt that the community might have with a typical platform. It was a blessing, really, because a simple action like that conveyed a stronger message than we ever could through conferences, expos, and advertising. Bargis is here for the long term, and Bargis is here for the community. Freezing the tokens simply aligned our mission with the investors. When they benefit, web benefit.

Ashon Pondi, the concept of curated packs, sits at the heart of Bargis. Thecerent static bundles but dynamic portfolios that users can reconfigure after purchase. What were the key technical and philosophical challenges in designing a system? that balances pre-vetted security with post-purchase flexibility, and how does this differ from traditional index funds or existing crypto portfolio products? Siraj Ahmed, the idea of a wolf pack really is at the core of what Byrgus is. There is strength in numbers, and each part of the pack brings its own value and risk. Together, the pack has a much more predictable risk, reward profile. The pack also evolves over time and must be dynamic. For us, creating the packs presented several

key challenges. Pre-vetting each token is harder than it sounds, as the team must think first and foremost about the community members relying on our judgment. There are tokens that are obviously not suitable to be included, and others that are high quality. It's finding truth in that gray area where a token shows great promise but we don't have a full picture of its risks. We make the choice to protect our users, but we challenge ourselves daily to get better and better at maximizing the promising tokens without letting an undue risk. The key difference between our packs and traditional indexes or other crypto products is that the job never ends for us. Selecting and offering Paxis the first step, and we continue to evaluate and tweak every pack

as I devolves in order to make sure it maintains its intended risk, reward profile. Ashon Pondi, you've described Byrgus as having group-based portfolio logic, where multiple strategies can run simultaneously within the same pack. Forerators unfamiliar with this concept, can you explain how user might practically use this feature, and what problems does this solve that simple diversification cannot? Saraj Ahmed. The group-based portfolio logic is key to the Bargis mission. We've set up our packs to take away as much complexity as possible for users who want to

invest in vetted tokens, understand the portfolio risk of a given pack, and know that the pack will continue to be curated by experts. However, for those investors who want more control over their portfolios, we provide several powerful tools that are straightforward but create maximum customization. By having the freedom to regroup assets in a pack, users can select different strategies for each group and even set up automated rules for a group to follow. In other words, they can, set it and forget it, or they can tweak their investment as much as they'd like.

Ashon Pondi, Byrgus integrates trading across both centralized and decentralized exchanges on multiple chains starting with Solana, Ethereum, and base. Many projects struggle with true multi-chain functionality. What technical infrastructure did you build to make this seamless, and how do you maintain security standards across different blockchain architectures? Saraj Ahmed, because Byrgus offers not just trading tools but a one-stop interface between investors and the Web3 market, taking away the complexity of this was critical for the platform to truly be functional for Theser. We wanted the user to be unaware of just how complex it is to reach different chains, to have access to both centralized and decentralized markets, and for all of this to be presented within a sense. simple window. Becoming truly multi-chain was no small task, and our team of brilliant architects have spent many, many hours building up the different tools and integrations needed to connect

across chains. From MPC, routing and bridging to 550 plus partners, market aggregation, automation, monitoring, auditing, and all OFA transparent enough to ensure a path to regulation. The Byrgus white paper outlines it in more detail than we can hear, but the key takeaway is this. It's no surprise that many projects fail to become multi-chain. It's incredibly hard, complicated, and you need the right people to put in countless hours to make it work. We've done it and are incredibly proud of the accomplishment. Ashand Pondy, you're proactively pursuing EU licensing rather than waiting for regulatory pressure. This is unusual in the Web 3 space where many platforms try to remain in regulatory gray areas.

What strategic advantages do you see in yearly compliance, and how does this affect your ability to compete with less regulated competitors who might offer features you cannot. Saraj Ahmed. As with everything we've done, our actions give away who we really are a. We've locked supply to show that we aren't here for a quick profit. We've invested massively into creating a truly multi-chain platform, and when it commesto regulation, we will be here long after the regulatory pressure increases. Instead of waiting for it or being resistant, as other platforms are, we want to be part of

the solution and help to write our own future with regulators. After all, regulation is meant to protect the community. We want that as well. Regulation can also be heavy-handed, cumbersome, and inadvertently harm the community. By getting out in front of it and opening our doors to those who will make the decisions, we can help ensure the regulations are fair, protect investors, and aren't overly burdensome. If our competitors want to focus on the short term, they might be able to squeeze out a little more profit for now. But we are here for our users, for the long term. Ashand Pondi, the Dollar Wolf token serves as the utility backbone of your ecosystem, with revenue flowing back through buybacks, liquidity growth, and marketing. Many utility tokens

struggle to maintain value or find themselves classified assecurities. How did you design Dollar Wolf's tokenomics to avoid these pitfalls and what lessons from your FinTech background influenced this design? Saraj Ahmed, setting up Dollar Wolf as the backbone for Byrgus was accomplished by a few key decisions. We wanted the token to help drive our packs, and as such idas included as a component for them all. This helps build up the utility and circulation, but as the platform expands the token will serve as a form of risk ballast for each pack, helping to stabilize any volatility by anchoring it to Dollar Wolf which will hold more and more predictable growth. The other element to increasing the Dollar Wolf token's utility was using it as a key mechanism for

giving back to the community. Some portions of the token earn different rewards. and the top holders of the token are also incentivized. The fees from the platform help to ensure the Treasury can continue providing excellent service, but it also uses these fees to directly reward and encourage the Byrgus community. The key lesson here is the same reason we have frozen so much of the token supply. If you align your incentives with the good of the users, everyone will work toward the same goals and share the rewards. Ashan Pondi.

Finally, looking at the broader Defy landscape, what do you see as the next major breakthrough that will drive mass adoption, whether ID's technical innovation, regulatory clarity, or something else entirely. And conversely, what narrative or trend in Defi today do you think is holding the industry back from reaching mainstream users? Siraj Ahmed. There are a number of baseline requirements preventing mass adoption, and we as an industry have to fix them before we can even develop the next major breakthrough. Regulation is critical for all sides to reduce the uncertainty of Web 3 as a whole. Platforms, through regulation, or their own policies, must step up to their communities and practice unwavering transparency and trust. Without these pillars in place, mass

adoption simply can't happen. That said, once you commit to these ideals, the biggest breakthrough needed e-simplicity for the Web 3 economy. We've already adopted those users who are willing to read a white paper, jump onto a Discord chat, or study notes in a GIT hub repository. We need that ultra-simple interface that connects a user with a clean and easy-to-use view of what they can do with Web 3. They need to be shielded from the behind-the-scenes mess of bridges, interfaces, centralized or decentralized architectures, and more. That will always be part of Web 3, but it's our job to understand it, secure it, access it, and then make it as clean and intuitive as possible. For mass adoption to happen, the average user should be drawn to the value this interface offers, even if they do note understand Web 3 at all. Once we accomplish that, we need to be ready for the waves of new users ready to overwhelm

the industry in the best way possible. Don't forget to like and share the story. Thank you for listening to this Hackernoon story, read by artificial intelligence. Visit Hackernoon.com to read, write, learn and publish.