Mission (Why we are doing what we are doing)

• Our mission is to make financial freedom accessible to everyone, so people can focus their time on living meaningful lives, not managing their finances.

Vision (What we are doing)

• Enable people to save in bitcoin and spend in dollars securely and simply.

Problem

• 4 billion people worldwide remain completely unbanked and don’t have access to reliable, secure, and simple financial products.
• Properly storing and protecting wealth is overly complicated, disproportionately advantaging those with greater resources.
• Bitcoin is the world’s best savings asset, and digital dollars are the first globally accessible, instant settlement rail for dollar payments. People want to save in bitcoin and spend in dollars, but there is no reliable, simple bitcoin wealth management platform … until Lava.

Solution

• Lava unlocks bitcoin-backed loans, making it easy to securely save in bitcoin and spend in dollars.

Implications

• Lava makes finance secure, easier, and global, giving financial access to ~4 billion currently excluded people.
• Lava frees individuals from restrictive financial products.
• Lava saves people time. Easier financial management means less stress about money and more time to enjoy life.
• Lava fosters a savings-driven economy. When people aren’t constantly worried about their savings being devalued, they are more likely to save. This reduces excessive consumerism and encourages greater financial stability.
• Lava unlocks bitcoin’s full potential as the world’s best savings asset by enabling users to borrow simply and securely.
• Lava helps everyone in the world achieve shared upside by bringing bitcoin to the world. Bitcoin turns individual success into shared upside, no matter where you are in the world. Since bitcoin is a global savings network, when one bitcoiner succeeds, and thus saves more in bitcoin, bitcoin appreciates for everyone. Thus, we all benefit from each other's success. Historically you've only been able to benefit from your local market's success. Bitcoin breaks local restrictions and enables everyone in the world to benefit from each other's success.
• Lava helps people maximize their savings. What’s best for most people is to not spend time worrying about becoming a professional trader or speculator, but today, everyone’s forced into that. You have to earn money and then also figure out how to allocate it. Bitcoin fixes this. As the first global, truly scarce asset, bitcoin can go beyond being just a store of value, it can become the very definition of saving. This is the next chapter for bitcoin. It started as a collectible, and today, it’s mostly used for speculation. But it’s future is as a savings vehicle, and Lava is building for that future. We see our customers using it in that way, and they come to Lava because we are the best way for people saving in bitcoin to grow their holdings securely. Borrowing is one very powerful way to do that because it enables people to unlock their bitcoin without having to sell. Lava’s borrowers today have more bitcoin now than if they had sold.

Values