Polygon To Build DAO For DeFi Sector Soon.
2021-08-19 | Robin Williams
Ethereum scaling solution Polygon revealed that
it'll build a DAO [Decentralized Autonomous Organization] for the DeFi [Decentralized Finance] sector.
Polygon's aim is for the DAO
to draw in 100 Mln users,
consistent with an official announcement earlier on Thursday.
Forming a DAO is "the next logical step" to aiding collaboration between
blockchain-based systems, given the presence of projects
like Sushiswap, Curve, and Aave already employing Polygon as a scaling solution.
It will use
a number of its $100 Mln #DeFiforAll Fund for
the process.
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