Before liquidity can flow into Cardano's DeFi ecosystem, the right foundations have to be in place.
The DeFi Liquidity Budget Withdrawal 1 will make that happen, providing a new legal home, audited smart contracts, and a governance structure capable of ensuring these funds flow safely and accountably to where they are needed.
Liquidity is what makes a DeFi ecosystem tick. Without it, even the best technologies will struggle to attract builders, stablecoin issuers, and those institutions that have the most to gain from adoption.
That’s why we voted YES.
DReps, voting closes April 9. Cast your vote now: gov.tools/governance_actions/e...…