Ethereum Foundation establishes DeFi team to promote "DeFipunk" development
Odaily reported that the Ethereum Foundation has announced the establishment of a dedicated DeFi support team, setting up a DeFi unit under the App Relations department to promote the development of decentralized finance protocols and strengthen its “DeFipunk” philosophy.
The new team has appointed former DELV CEO and MakerDAO governance architecture designer Charles St. Louis as DeFi Protocol Specialist, Gearbox Protocol co-founder Ivan (ivangbi) as DeFi Coordinator, with Jason Chaskin leading the overall App Relations work.
The Ethereum Foundation stated that its ideal DeFi should be permissionless, censorship-resistant, privacy-first, self-custodial, and open source, emphasizing support for projects that truly adhere to these principles.
Charles St. Louis stated that “DeFipunk” represents a core philosophy: DeFi should not just be an improved version of traditional finance, but rather a financial system that can only exist on Ethereum.
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