Founder Fireside Chat with Itamar Lesuisse of Argent

Chaz Schmidt
Jul 19, 2021
|4 minutes read
fireside chat itamar

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision.

Welcome back! This week we had the opportunity to speak with Itamar Lesuisse, CEO and Co-Founder of Argent. Itamar shares his unique perspective coming from the team behind Argent, one of the most popular DeFi smart contract wallets.

Argent is entering an extremely exciting phase. We’re about to release a big update to our Layer 1 wallet, tailored for people with $50K-$1m plus who need smooth access to DeFi. Essentially it’s a multi-sig when you want, not when you don’t. Control and convenience.

Then, this summer, we’re launching a Layer 2 wallet to make a major push for crypto mass adoption. We’ll start by using zkSync but will expand beyond that over time. It will be simple, secure, fast and low cost.

The trilemma forces you to think very carefully about first principles and why you’re actually building. What are you trying to achieve? For who? That then shapes what trade-offs you’re willing to make.

For us, we believe Ethereum will be the foundation of a new, global financial system that expands economic opportunity. Of course that needs scalability, but without security and decentralization it would be built on sand, so we’re prioritizing those (while pushing for scalability wherever it doesn’t conflict with those).

It’s too early for us to say if we’ve achieved this but we’re trying to build a durable community by making it truly participatory and not transactional. It’s not about us broadcasting to an audience but instead about hearing what people think and responding to that.

We try go give people a sense of ownership of Argent’s future. They shape our roadmap and give us invaluable feedback. Last, the strongest communities are about a shared vision for how the future can be better, instead of just narrowly focused on product.

Other than the advantages of smart contract wallets over hardware wallets and MetaMask… 🙂

I’d say the need to closely examine the tradeoffs being made by various scalability solutions and the projects building on them.

Focus. The pace of innovation in crypto is insane and there’s so many directions you can take a wallet. Keeping our heads down and focusing on simplicity and security has served us well so far.

It’s impossible to keep track of them all.

Thanks you for joining us Itamer and thank you all for reading. You can find Itamar on Twitter at @itamarl. Stay informed on Argent by following them on Twitter or joining their Discord.