TechFlow news — The Starknet Foundation has announced the formation of a DeFi Council for Starknet. Chaired by six members, the council's primary goal is to guide and develop the decentralized finance ecosystem on Starknet.
The role of the DeFi Council is to promote the growth of DeFi on Starknet, with its success measured by key metrics such as TVL and daily trading volume, as well as secondary metrics including bid-ask spreads, depth, and liquidity availability.
The six council members are Damian from Starknet Foundation; Itamar Lesuisse from Argent; Jane Ma from zkLend; Mentor Reka from AVNU; Richard Thomas-Pryce from Nostra; and Vitaly Yakovlev from ZKX. A total of 50 million STRK has been allocated to the council.
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