Dallas-based tech entrepreneur Freddy Vaca has introduced a DeFi token project focused on innovative “Burnamatics” technology and the transfer of wealth. Vaca is no stranger to big business and innovative projects. The son of Ecuadorian immigrants, Vaca is a third-generation entrepreneur.
In 2015, Vaca initiated a “social staffing firm” initiative, including a top-to-bottom technology infrastructure overhaul. He was instrumental in negotiating the transformational acquisition of a Silicon Valley-based company. The acquisition represented over $3 billion dollars in spending under management in over 50 countries.
“Lunar Flare has exceeded our expectations,” Vaca said in a press release. “We set out to create something disruptive, we needed a protocol that would flip the world on its head,” said Vaca.
Since its launch on Memorial Day 2022, Lunar Flare’s innovative smart code has completed 10,000 transactions, and burnt almost 100 billion tokens, while making a splash on the charts. In the weeks to come, Vaca and the team plan to launch “BurnSwap”. BurnSwap offers an opportunity to those who have held digital assets which have lost value over time. With BurnSwap holders can trade in those assets and get in on Lunar Flare at no extra cost.
“I have been involved in several token and NFT [non-fungible token] projects but nothing like this. We are on a mission to create something for the community that will allow everyone to benefit. Historically, in these projects, only the developers and celebrities make money, or scammers pull the rug and run away. With Lunar Flare and Burn Swap, we are putting the world on notice. There is a better way,” said Vaca.
“The transfer of wealth is very important to me personally,” Vaca added. “I have seen communities prosper in unimaginable ways with initiatives like these. In the months to follow, we will begin brainstorming on initiatives that directly impact specific communities. The time is right, with everything going on in the world today communities have an opportunity to thrive.”
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