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Hyperliquid Foundation sets up DeFi policy advocacy group with $29 million HYPE token donation

📰 sources⭐ 9.0
#defi#staking
Hyperliquid Foundation sets up DeFi policy advocacy group with $29 million HYPE token donation
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TL;DR:

The independent research and advocacy organization will be dedicated to ensuring that DeFi can flourish in the U. S.

Key Points:

  • Hyperliquid Commits $29M HYPE to HPC to Shape DeFi Policy in DC
  • Story reported by 9 sources including Hyperliquid Foundation sets up DeFi policy advocacy group with $29 million HYPE token donation
  • Related to defi, staking in the crypto space

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.

    Hyperliquid Foundation sets up DeFi policy advocacy group... | NewsCR