TheBlock
2020-12-10 12:00:44

Decentralized Protocols and Mergers

Quick Take Yearn.Finance has recently announced a series of “mergers” with other DeFi protocols — namely Pickle.Finance, Cover, Akropolis, and CreamFor now, these are simple partnership announcements. Resources are shared, but they are not mergers enforced by smart contractsStill, they are the first steps to what could be real M&A activity between protocols. Whether those are a good idea depends on your view of how protocols should be governed

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