defipunk

The Ethereum Foundation 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 appointed former DELV CEO and MakerDAO governance architect 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 work.The Ethereum Foundation stated that its ideal DeFi should possess characteristics such as permissionless, censorship-resistant, privacy-first, self-custodial, and open-source, emphasizing support for projects that truly align with these principles. Charles St. Louis stated, "DeFipunk" represents a core philosophy that DeFi should not just be an improved version of traditional finance, but rather a financial system that can only exist on Ethereum.