The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets.
A consortium of leading decentralized finance (DeFi) protocols today announced a collaborative $100 million financial inclusion venture titled “DeFi for the People.”The DeFi applications involved in the project — AAVE, SushiSwap, Curve, 0x and PoolTogether, amongst others — will together provide up to $100 million in educational initiatives, grants, and incentives in an effort to educate individuals globally about decentralized finance. The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets, and in turn, aims to utilize the decentralized nature of crypto and blockchain to provide finance to the world’s 6 billion mobile phone users.Aave has pledged $20 million, Curve will give $14 million, wh
Źródło: https://cointelegraph.com/news/leading-defi-projects-launch-100m-global-adoption-initative