AlphBanX
Timothy Konrad is an accomplished advisor with experience in the cryptocurrency and blockchain sectors. Currently serving as an Advisor at AlphBanX since 2024, Timothy supports the development of the first fully decentralized overcollateralized stablecoin on the Alephium platform, which aims to enhance transaction stability and boost user confidence. Prior to this role, Timothy founded Bitcoin Area in 2017, providing strategic consultancy that enabled over 50 projects to secure a total of $100 million in funding while navigating the complexities of cryptocurrency, DeFi, and blockchain technology. Timothy is also pursuing a Bachelor of Science in Real Estate Management at Nürtingen-Geislingen University, with coursework completed as of 2023.
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AlphBanX
The First Overcollateralized Stablecoin on Alephium Leveraging Innovative Borrowing & Liquidation Auctioning System. Users can Mint AlphBanX Dollar (ABD) by depositing Collateral, Leverage their position or use it to generate Yield. AlphBanX Redemption Mechanism will protect ABD at any point, allowing users to always redeem 1 ABD for 1 $. The Liquidation Auction System works as a counterparty to protect the protocol from undercollateralized Assets - and in return, allowing users to buy collateral with up to 20% Discount.