Our North Star
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At Rumpel, we believe in a world where all value is liquid, accessible, and transparent. We believe open finance offers the best foundation for such a world, and our mission is to help people discover, unlock, and trade all value.
"Never ever should you be thinking about anything else, when you should be thinking about incentives” - Charlie Munger, The Psychology of Human Misjudgment.
Rumpel's mission rests on four core theses:
Incentives will continue to be used to bootstrap network effects & ecosystems. The need for subsidizing switching/opportunity costs is a fundamental requirement in products with network effects.
Points have a positive track record and will continue to support strong teams. Wildly successful GTM strategies have been implemented using point programs. Four notable examples:
Feb 2025: Berachain’s Boyco Pre-deposit vaults attracted ~$3B in deposits in 15 days (points from various projects, including Berachain, were the primary incentive)
Even looking at the long tail of projects, teams have continued to opt for point programs, with 50% of recent airdrops having already been allocated to point holders.
Crypto uniquely enables the efficient distribution of protocol ownership, and the speculative energy around ownership will continue to fuel incentive programs.
As more users enter the space, the average risk appetite will soften, widening the distribution of risk preferences. And as this spectrum widens, there will be increasing demand for marketplaces where risk can be exchanged for a particular onchain strategy.