For most of modern history, financial instruments were designed and issued by institutions: banks, funds, governments. Individuals and small communities could use them, but not design them.

Now with the regulation of stable coins and with most of the financial giant tokenising their assets on the blockchain there is an opportunity for individuals and community to build their own financial product.

I also think that we have learnt so much in terms of security and est practices for everyone to approach this with a solid framework.

As a concrete example, I recently deployed DinoProtocol on Ethereum mainnet. It’s a dual-token protocol that splits exposure to ETH into:

a lower-risk tranche, and a leveraged yield tranche.

with explicit formulas, redemption rules, system states, and oracle constraints defined in the whitepaper.

This is not an endorsement or an invitation. The point is architectural, The interesting part is that:

- the rules are fully specified, - the contracts are public, - anyone can inspect the math, - and anyone can interact with it using arbitrarily small amounts.

The same kind of financial engineering that once required legal entities, balance sheets, and gatekeepers can now be expressed as open-source code plus economic assumptions—visible to anyone willing to read.

This raises questions that feel more important than any single protocol:

What happens when communities design instruments tailored to their own risk preferences?

How do we reason about trust when the rules are explicit but the outcomes are still uncertain?

What does “financial literacy” mean when the instruments themselves are readable?