Nov 09,2023 ·
3 min read
Page last updated an hour ago
The Starknet Foundation is proud to announce the selection of its Decentralized Finance (DeFi) Committee. Chaired by six members, the Committee’s primary purpose is to bootstrap and grow the decentralized finance ecosystem on Starknet.
The DeFi Committee’s role is to promote the growth of DeFi on Starknet. Its success will be measured by primary metrics like TVL and daily volume traded; and by secondary metrics like spread and depth & availability of liquidity.
Decentralized finance (DeFi) is a core pillar of the Starknet ecosystem. Starknet's advanced architectural design positions it as an ideal platform for unique DeFi applications. The DeFi Committee is a recognition of the importance of DeFi and the first actionable step towards focussing on its growth.
Chosen by the Starknet Foundation Board, the DeFi Committee consists of:
Their combined expertise sets the course for achieving the committee's goals.
The Committee is tasked with the research, design and execution of an on-chain liquidity incentive program to position Starknet as a primary choice for both developers and users of DeFi applications.
Phase 1 (Strategy)
Phase 2 (Monitoring & Incentives)
Phase 3 (Implementation)
Phase 4 (Execution Oversight and Iteration)
The Committee will regularly meet, seek feedback from the DeFi community, and report to the Starknet Foundation’s Executive Committee. Major decisions will be documented and approved, ensuring transparency and accountability.
The Committee has been allocated a total of 50m STRK.
Reflecting on the achievements of our past committees like EAG and the Ecosystem Onboarding Committee, we anticipate the DeFi Committee will be instrumental in bolstering Starknet's DeFi growth.
If you think you would be a valuable partner for the DeFi Committee, please submit proposals directly to: firstname.lastname@example.org.
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