Daniele Sestagalli is the founder of Hey Anon, a decentralized artificial intelligence (AI) project focused on integrating AI with decentralized finance (DeFi) to expand access to financial tools. His work in blockchain technology includes contributions to DeFi protocols, decentralized governance models, and community-driven initiatives. ^{[9] [7]}

Education

Daniele Sestagalli was born in Italy and holds a background in engineering, with a focus on computer science, blockchain technology, and cryptography. ^[12][7]

Career

Sestagalli began engaging with decentralized finance (DeFi) through projects addressing yield optimization and liquidity provision on Ethereum-based platforms. By 2020, his focus shifted to decentralized autonomous organizations (DAOs), emphasizing community governance as a framework for decision-making.

In 2021, Sestagalli co-founded Popsicle Finance, a cross-chain protocol designed to optimize yields for liquidity providers across decentralized exchanges. The platform introduced strategies to mitigate impermanent loss, a common challenge in liquidity provision. In August 2021, Popsicle Finance experienced a security breach resulting in financial losses. Sestagalli publicly addressed the incident, outlining steps to address vulnerabilities.

Later in 2021, Sestagalli launched Wonderland, a decentralized reserve currency protocol on the Avalanche blockchain, and Abracadabra Money, a lending platform that allowed users to collateralize interest-bearing tokens. Wonderland operated as a DAO and attracted attention for its tokenomics, but faced scrutiny in early 2022 when a core contributor was linked to QuadrigaCX, a defunct cryptocurrency exchange. Sestagalli proposed dissolving the project, with the final decision delegated to a community vote.

Abracadabra Money became known for issuing Magic Internet Money (MIM), a decentralized stablecoin pegged to the US dollar. The protocol’s design enabled borrowing against yield-generating assets, a mechanism adopted by other DeFi platforms.

In 2023, Sestagalli introduced**** Hey Anon, a DeFi project combining AI with blockchain technology, referred to as DeFai (Decentralized Finance AI). The platform utilizes machine learning algorithms to automate trading and risk management processes, operating on the Metis blockchain. Hey Anon’s native token, WAGMI, experienced a rapid increase in market value following its release, discussions about the project have included analyses of algorithmic decision-making in volatile markets. ^{[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11]}