Meet the DeFi Delegate Knocking on the Doors of Congress

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On the different hand, “LexpunK,” one other effort, is a “Builder Defense DAO” with the said intent of waging “guerilla lawfare” towards the enemies of DeFi. Proposed sorties embody place papers, “legal defense against regulatory litigation” and “amicus curiae,” a Latin phrase that means “friend of the court,” briefs in response to overeager prices from Gary Gensler’s Securities and Exchange Commission. The group raised $3 million from the Curve, Yearn and Lido DAOs earlier this yr.