Cryptocurrency News

Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund

2022.06.11 01:30

Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund

This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 million DeFi fund.

Optimism, an Ethereum layer-2 protocol that Vitalik Buterin recently praised for its governance model, lost 20 million tokens due to a mix-up of layer-1 and layer-2 addresses. A leaked 600-page copy of a United States crypto draft bill also grabbed the community’s attention, as it proposes heavy regulatory scrutiny for DeFi and DAOs.

Source

Related Articles

Leave a Reply

Back to top button