Meet the DeFi Delegate Knocking on the Doors of Congress

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

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