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
Data: If ETH drops below $1,882, the total long liquidation strength on major CEXs will reach $698 million.
ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,882, the total liquidation strength of long positions on major CEXs will reach $698 million. Conversely, if ETH breaks above $2,079, the total liquidation strength of short positions on major CEXs will reach $662 million.
GateNews16m ago
Why Vitalik Buterin Sold Over $30M in Ethereum This Month
Vitalik Buterin sold 17,196 ETH worth over $30 million to fund the Ethereum Foundation and his biotech nonprofit, reducing his holdings by 7%. This aligns with his ongoing philanthropic pattern during market downturns.
CryptoFrontNews36m ago
EIP-8141: Vitalik Just Cracked Ethereum’s Decade-Old Problem
_Vitalik Buterin announces EIP-8141, an account abstraction overhaul set to remove intermediaries and reshape Ethereum’s transaction layer entirely._
Ethereum’s account abstraction problem has been sitting unresolved since 2016. That
LiveBTCNews56m ago
PengoPay Launches Multi-Chain Stablecoin Payment Platform for Ethereum and Solana
_PengoPay launches a multi-chain stablecoin payment platform supporting Ethereum and Solana, offering secure crypto payments, invoices, and global settlements._
The global crypto payments sector is expanding as new infrastructure platforms enter the market. Recently, a new stablecoin payment
LiveBTCNews1h ago
Crypto Market Struggles as Bitcoin and Ethereum Post Weak Q1 2026 Performance
_Bitcoin and Ethereum recorded one of their weakest first quarters in history during 2026, reflecting falling liquidity and rising global uncertainty._
The global crypto market faced strong pressure during the first quarter of 2026. Major cryptocurrencies Bitcoin and Ethereum displayed an
LiveBTCNews2h ago
Strawmap Unpacked — Vitalik Buterin Breaks Down Ethereum’s Push for Faster UX on Layer 1
Ethereum co-founder Vitalik Buterin outlined an ambitious, years-long plan to make the Ethereum base layer faster, leaner, and eventually quantum-resistant, starting with shorter slot times and near-instant finality.
Ethereum’s 2029 Vision: Fast Slots, Fast Finality and STARK-Friendly Hashes
In a
Coinpedia2h ago
