🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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View: Trump's election victory creates ideal conditions for Decentralized Finance development
Odaily Planet Daily News ETHDenver founder John Paller said in an interview: "Trump's relaxation of regulations and promotion of economic rise may create ideal conditions for the flourishing development of Decentralized Finance. That being said, we need to protect innovative policies and allow builders to experiment without fear." Jawad Ashraf, CEO of Web3 company Vanar, also stated that the more direct impact on Decentralized Finance is that the new US government may make clearer regulations on whether encryption Token is considered a financial security. This will lead to more cost-effective implementation and make it possible to pay protocol revenue to Tokenholder in the form of dividends. (The Block)