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Ethereum Foundation Establishes DeFi Team to Promote “DeFipunk” Development
The Ethereum Foundation announced the formation of a dedicated DeFi support team, establishing a DeFi unit under the App Relations department to promote the development of decentralized financial protocols and strengthen its “DeFipunk” philosophy.
The new team appointed former DELV CEO and MakerDAO governance architecture designer Charles St. Louis as DeFi Protocol Specialist, 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, censorship-resistant, privacy-first, self-custody, and open-source characteristics, emphasizing support for projects that truly adhere to these principles. 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.