Odaily Planet Daily reports 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 financial 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, and Gearbox Protocol co-founder Ivan (ivangbi) as DeFi Coordinator, with Jason Chaskin leading the overall App Relations efforts.
The Ethereum Foundation stated that its ideal DeFi should feature permissionless access, censorship resistance, privacy-first design, self-custody, and open source principles, emphasizing support for projects that truly align with these values.
Charles St. Louis said, “DeFipunk” represents a core philosophy that DeFi should not just be an improved version of traditional finance, but a financial system that can only exist on Ethereum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Foundation Dumps $2.8M ETH for DAI, Halts Staking
The Ethereum Foundation converted 1,250 ETH into $2.80 million in DAI and ceased staking activities shortly after a record $46M stake. This shift, without public explanation, raises questions about their treasury management strategy and priorities.
LiveBTCNews1h ago
BTC is quoted at about $71,646, up about 6.1% from $76,000; ETH is quoted at about $2,215
Gate News update, April 12, BTC’s current price is about $71,646, up about 6.1% from $76,000; ETH’s current price is about $2,215, up about 8% from $2,400.
GateNews2h ago
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews3h ago
Ethereum New Users Jump 82 Percent In Q1
Ethereum has started the year with strong momentum, and the latest data confirms it. New users on the network surged sharply during the first quarter. This rise signals renewed interest across the broader crypto ecosystem. It also reflects growing confidence in blockchain-based platforms.
Data
Coinfomania3h ago
Ethereum Devs Signal Glamsterdam Devnet Launch Next Week as Upgrade Progresses - U.Today
Ethereum's upcoming upgrade, Glamsterdam, is progressing slowly, with developers targeting next week for its first devnet. Key features include gas repricings and EIP-7954. The upgrade is expected in 2026, while future upgrades like Hegotá are also underway.
UToday3h ago
Macro investors: A BTC breakout above $76,000 and an ETH breakout above $2,400 may signal a trend reversal
Macro investor Jordi Visser believes that if Bitcoin and Ethereum break through $76,000 and $2,400 respectively, it will kick off a sustainable uptrend. He expects high inflation to push investors to seek profitable assets, and notes that the probability of an economic recession has fallen to 24%. This view contrasts with the current bearish expectations in the crypto industry.
GateNews4h ago
