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Market News

AlfProtocol Brings in Evan Luthra, an Indian Billionaire as its Advisor

Solana-native automated market maker, Alfprotcol onboards Forbes 30 under 30 winner, Evan Luthra.

Written By:
Stuti Mansata

Last updated: March 10, 2022 1:04 PM
Published 2022-03-10
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Last updated: March 10, 2022 1:04 PM
Published 2022-03-10
AlfProtocol Brings in Evan Luthra, an Indian Billionaire as its Advisor

A Solana-based liquidity ecosystem, Alfprotocol welcomes Evan Luthra as a member of its advisory board.

The Indian billionaire will work towards using his influence and expertise to ensure Alfprotocol’s project success and using blockchain technology to help people around the world.

Looking forward to helping build the next generation of DeFi on Solana with @AlfProtocol 🛸👍🏻🔮 https://t.co/6NLVrFOtQB

— Evan Luthra (@EvanLuthra) March 9, 2022

Still in its infancy, Alfprotocol will greatly benefit from Luthra’s extensive technology and investment experience.

“It’s a great achievement to onboard an advisor such as Evan. His experience, value, and massive worldwide influence are priceless and I’m thrilled to start working with him!”, states Matas Sauciunas, CEO of Alfprotocol.

Evan Luthra is a certified angel investor, who has invested in over 300 companies including travel, fintech, nightlife, food tech and various other fields, through his funding venture Startup Studio Online.

“Alfprotocol can set the new standards of DeFi on the Solana blockchain. After the call with the CEO, it is clear that the team competence and experience is high enough and It’s great to join the advisory board of Alfprotocol!”, says Luthra in a recent statement. 

Alf is a protocol for capital deployment on Solana for liquidity provision and yield farming, with or without a margin of upto 200x. It aims to increase capital efficiency and facilitate more liquid blockchain asset class markets.

Solana, home of 400 decentralized apps, has been making waves in the crypto world. To read more about Solana, visit The Crypto Times.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Stuti Mansata - The Crypto Times' Former Content Writer
By Stuti Mansata
Living by the phrase 'as above, so below', Stuti Mansata is an IT Engineer and an ardent lover of words with a knack for finance and everything crypto.

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