East meets West as eight top projects join global DeFi alliance

East meets West as eight top projects join global DeFi alliance

Eight of the western world’s top DeFi projects have joined an industry consortium that is supported by a Shanghai science and technology institution. The Open DeFi Alliance has announced the launch of a western arm and onboarding of eight new member firms. Launched last month, the alliance seeks to unite leaders of the DeFi sector by forming a global cooperative consortium focused on innovation, risk management, and liquidity strategies.New members include decentralized finance (DeFi) notables Aave, Balancer, BlockScience, DyDx, Ocean Ventures, Outlier Ventures, Quantstamp, and SuperRare,....


Related News

Free TON DeFi Alliance to Lead the Decentralized Finance Ecosystem Growth of ...

The Free TON DeFi Alliance creates the necessary infrastructure to attract and maintain strong teams and projects, attracts liquidity from other projects to Free TON and creates partnerships with major companies with large amounts of liquidity and/or a large number of transactions. Free TON DeFi Alliance Forms Free TON DeFi Alliance is a new organization of like-minded people and businesses who share a common goal – to create an environment for substantial and sustainable Free TON DeFi ecosystem growth. The Alliance’s declared goals and focus are centered around economical....

GoodFi’s DeFi Alliance Launches a DeFi Matchmaker Service and Adds Terra, Ban...

GoodFi, a not-for-profit organization with the mission of getting 100m people into DeFi by 2025, today announced leading DeFi projects Terra, Bancor, Polygon, and The Graph are joining the initiative. These new GoodFi members join existing DeFi leaders such as Aave, Radix, Sushiswap, and Chainlink as they today unveiled their latest initiative to make DeFi […]

Much DAO: Open DeFi unveils DAO to support the entire ecosystem

Open DeFi’s new DAO will be community governed through a governance token. Decentralized finance alliance, Open DeFi, has announced it will create a decentralized autonomous organization, or DAO, to support its vision for an open and global cross-chain DeFi ecosystem.The alliance launched in late 2020 with the goal of bringing together Western and Eastern DeFi projects and has since seen some of the sector’s top projects join its ranks including as Aave, Synthetix and Balancer.The responsibilities of the Open DeFi DAO, or OD DAO, will include launching DeFi products across multiple....

DeFi 3.0 – A Pathway Forward

The decentralized finance (DeFi) sector is easily one the most potent and promising parts of the world’s growing finance industry. As the name implies, decentralized finance removes central authorities and intermediaries from the sector, granting the public direct access to financial products at the best possible rates. Essentially, banks and other financial institutions can no longer exert their control over the market, putting the power into the hands of everyday individuals. There are several advantages to using DeFi. One of the most noticeable is the autonomy it provides the public.....

Chainlink, Aave, Messari and others launch GoodFi crypto alliance

GoodFi claims to be the first cryptocurrency alliance focused on furthering education and research into decentralized finance. Some of DeFi’s biggest players have joined forces to launch a new alliance geared towards furthering the education, research and best practices of the nascent industry. The GoodFi alliance includes crypto projects Chainlink, Aave, Radix and mStable, as well as digital analytics company Messari. An alliance representative told Cointelegraph that GoodFi “enables companies operating in the DeFi space to collectively work to solve the issues facing a wider base,....