John-Paul Thorbjornsen, who also goes by the name “JP Thor,” recently confessed to something he had been hiding for a very long time.
He’s the founder of a well-known layer-1 cross-chain protocol — THORChain — and pretended to be a completely made-up woman called “Leena” for six years while doing it.
Now, just a few months after revealing his identity, Thorbjornsen has revealed his next crusade: “vampire-attacking” bad players in the decentralized finance (DeFi) industry while building his own super app.
“I am vampire-attacking all of DeFi to wake everyone up,” Thorbjornsen tells Magazine. “I’m launching a six-month attack on everything in DeFi.”
In crypto, a vampire attack occurs when one project offers higher incentives or benefits to snatch users or liquidity from another project, sucking the life out of them. Really nasty ones could end up shuttering a project entirely.
“I’m literally paying for people to move liquidity around to chase incentives and to basically attack other protocols,” says Thorbjornsen.
On X, Thorbjornsen said this would involve a mix of social, governance and liquidity pool migration “attacks.”
“They’re all tied up; they’re all slow rugs, and I’m just sick of the grifting and the profiteering and no one building meaningful stuff.”
Thorbjornsen said the next phase after that would be to build DECASWAP, a DeFi super app that will package all “credible” DeFi protocols into a single mega interface and aggregator.
PREPARE TO GET VAMPED!!!
Let’s kick of DeFi Summer 2.0 with Memes, Money and Momentum.
The best memes have the shortest circuit between the narrative and the name. So let’s just call this thing what it is.
It’s time to channel all that negative energy from rugging founders,… pic.twitter.com/j2SQT0lFCi
— JP.THOR | ACCEL (@jpthor) June 22, 2024
His plan is to eventually merge 10–20 other projects and…
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