Opinion: Trump's rise to power creates ideal conditions for the development of DeFi, and the new policy will allow more protocols to distribute dividends to token holders

ChainCatcher news, according to The Block, ETHDenver founder John Paller stated in an interview: "Trump's focus on deregulation and promoting economic growth could create ideal conditions for the flourishing of DeFi. That said, we need to protect innovative policies while allowing builders to experiment without fear."

Web3 company Vanar's CEO Jawad Ashraf also mentioned that a more direct impact on DeFi is that the new U.S. government may provide clearer regulations on whether crypto tokens qualify as financial securities. This will lead to more fee conversion implementations and also make it possible to legally pay protocol revenues to token holders in the form of dividends.