I spoke to Scoopy Trooples, the pseudonymous co-founder of Alchemix, about self-repaying loans, the wreckage of DeFi scams, and what ethical crypto finance could actually look like.
We dig into how Alchemix works, allowing your debt pays itself off over time and what’s new in V3. We also get into the broader rot in the space: meme coin pump-and-dumps, celebrity rug pulls, prediction market gambling, and how DeFi summer’s promise curdled into financial nihilism. Scoopy is one of the rare crypto founders willing to say the quiet part loud, that most of what gets built in this space is zero-sum at best and predatory at worst, and has been trying to build something different since day one.
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