Lead Developer - Sapio

Salary Competitive
Equity To be negotiated

About Sapio

Sapio is building a prediction-market-like DeFi protocol for decentralized fund management.


The Role

We are looking for a hands-on Lead Developer to help take Sapio from testing to production launch.

This is primarily a coding role: you should expect to spend most of your time building, testing, debugging, reviewing, deploying, and improving production code.

You should be able to work across smart contracts, decentralized web/domain setup, indexers, bots/keepers/solvers, frontend state, testing, security and audit readiness, monitoring, deployment, and launch operations.

You will work closely with the co-founders, who remain involved in protocol design, product direction, and technical architecture, while you take day-to-day responsibility for implementation and production readiness.

Sapio is a mechanism-driven protocol, so the role also requires strong analytical thinking around incentives, accounting, game theory, adversarial behavior, and protocol economics.

Because Sapio controls an on-chain reserve of economically valuable assets, security is central to this role. You will own audit readiness, work directly with external security auditors, and take responsibility for key management, upgrade safety, and incident response as we move toward mainnet.

This is a Stockholm-based hybrid role. We expect you to work from our Stockholm office at least one day per week.


The Protocol

Sapio uses a two-token model: a DAO/governance token for staking, incentives, governance, and protocol participation, and a basket/fund token backed by a reserve of underlying assets.

Participants stake on which tokens they believe will improve the basket. The protocol attempts to execute those reserve changes, and rewards are distributed based on realized performance.

Application Challenge

In your application, please include two things:

Your Ideal Build Stack

In maximum one page, describe how you would build the first production version of Sapio.

Cover decentralized web access, smart contracts, off-chain infrastructure, frontend, testing, AI-assisted development, and launch operations.

We are especially interested in what you would enforce on-chain, what can safely live off-chain, how the system remains usable if the original team disappears, and how you would test the protocol’s incentive mechanics against exploits in settlement, rewards, claims, and governance.

Example Code From Previous Work

Include links to code you have written or contributed to.

For each example, briefly explain what you built, what you personally owned, what was difficult, and what you would improve if you built it again.


What We Are Looking For

We are not looking for the fanciest stack, the longest answer, or someone who mainly wants to do high-level architecture. We are looking for someone who can ship.

You should be able to reason clearly, make good decentralization tradeoffs, understand smart contract accounting and security, think through incentive and game-theoretic failure modes, use AI coding tools effectively without blindly trusting them, and show real evidence of technical delivery.


What Makes You Stand Out

These are not required, but they are the kind of edge we are looking for:

Product instinct: experience shipping user-facing trading or DeFi products, with a feel for engagement loops and game mechanics.

AI agents and trading bots: experience building autonomous agents or bots for trading, benchmarking, testing, or protocol evaluation.

Integration breadth: experience connecting protocols to external venues, data sources, and messaging layers.


Where This Can Go

As Sapio matures, we see the product surface extending into AI trading-agent showcases, hackathon-style competitions, and public leaderboards. If building that kind of competitive, agent-driven product excites you, this is a place to do it.

For more information or questions please contact us at application@sapio.network

Perks and benefits

This job comes with several perks and benefits

Remote work allowed
Remote work allowed

Equity package
Equity package

Central office
Central office

Free coffee / tea
Free coffee / tea

Free friday beers
Free friday beers

Flexible working hours
Flexible working hours

Working at
Sapio Network

What if the best reserve in crypto built itself? Every reserve, index, and fund has the same hidden component: a committee deciding what goes in it. Central banks, index boards, DAO governance — different costumes, same role. They meet on a schedule. Markets don't. By the time the committee acts, the opportunity is gone. In traditional finance, 85% of professional fund managers fail to beat a simple index over a decade — and still charge 1–2% every year. The passive alternative is decided by a committee that updates quarterly while markets move daily. In crypto the problem is worse: $24.5B sits in DAO treasuries that governance can't deploy, $313B in stablecoins earns below the risk-free rate, and the first generation of on-chain fund managers — Set, Rari, Enzyme, Babylon — failed or collapsed. The intelligence to allocate well already exists. Thousands of people do it every day. No system captures it and turns it into something you can hold. Sapio replaces the committee with an open competition. People who believe they know which assets should back the currency stake their own capital. If they're right, they earn rewards. If they're wrong, they lose their stake — not yours. The competition is continuous, the allocation non-discretionary. No governance vote decides what enters the reserve. Only proven improvement does. The output is Multi: one token, backed 1:1 by real assets, redeemable at any time, that continuously evolves because competitors keep improving what's behind it. You hold one token. The network does the work. Three integrated systems make this work. The competition engine runs the staked tournament. We call the consensus mechanism Proof of Improvement. Bitcoin's PoW asks "who secures the ledger?" Ethereum's PoS asks "who validates transactions?" PoI asks a different question entirely: what should back the currency? The reserve management layer holds the assets and guarantees redemption. The exchange layer falls out for free — every Multi in circulation is structural trading depth across all reserve assets. No external LPs. No impermanent loss. Why now: prediction markets proved competition discovers truth better than committees, but stop at signal. Flatcoins remain unsolved. The first wave of on-chain fund management is dead. Passive investing has surpassed active globally — the demand for set-it-and-forget-it exposure is proven; what's missing is the version that removes the committee. Reserve coordination has no public infrastructure. That's what we're building. Sapio AB is a Swedish startup. Seven years of mechanism design research went into the current architecture. Five mechanism designs failed before this one worked. 90% of the core mechanism is coded, with 382 test cases, built on top of audited Reserve Protocol DTF code. ChainSecurity has scoped the full audit. We are in the EU Blockchain Sandbox Cohort 3, with KTH Royal Institute as academic backing and a DFINITY Foundation grant. The team is seven — mechanism design, full-stack engineering, product, community, GTM, legal. We are pre-seed, raising ahead of Alpha launch Q2 2026. If you want to build protocol infrastructure that doesn't exist anywhere else — multilateral matching, on-chain reserve accounting, competition settlement, exchange-layer routing — talk to us.

Read more about Sapio Network

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