Yubo Ruan

Founder

2021

Parallel is a decentralized lending and staking protocol on Polkadot and Ethereum backed by top-tier investors, including Sequoia, Founders Fund, Lightspeed Ventures, Polychain Capital, Coinbase Capital, Pantera Capital, Yubo has steered the company to a $500 million valuation, 40 employees, and over 340,000 users, marking it as a significant player in the DeFi landscape.

Investor

2018

Solidity Engineer

2020 - 2021

- Built Solidity program for the on-chain governance and staking for TrueFi v2 and contributed to v2 design - Developed React/EthersJs application for governance voting portal and a data analytics dashboard - Wrote Typescript/Waffle smart contract testing and helped with deployment - Built ExpressJs API for calculating circulating-supply and the DeFi Pulse Adaptor - Built TFI reimbursement scripts and help solve the TFI pricing bugs

Founding Partner

2017

8 Decimal Capital is a multi-strategy investment firm focusing on blockchain and DeFi. 8 Decimal has more than 40 portfolio companies with an AUM of 60M USD. The investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. 8 Decimal is well-received in China and the US, named one of the top 10 funds in the blockchain industry by both Entrepreneur, Forbes, and 36Kr, as well as named one of the top 20 funds by Tsinghua X-Lab.

Venture Partner and Limited Partner

2022

Investor

2019

Investor

2019

Investor

2018

Angel Investor

2018

Investor

2017

Partner

2016

- Secured anchor investors from New Oriental (NYSE: EDU) and Taiyou Fund. - Invested in 5+ high tech companies that focused on disruptive technologies such as Lightellgence: an optic computing company from MIT - Mentored companies and guided them with fundraising strategies, later allowed them to raise new rounds - Learn more at www.skylightinv.com