Meet the DeFi Delegate Knocking on the Doors of Congress

Meet the DeFi Delegate Knocking on the Doors of Congress

On the other hand, “LexpunK,” another effort, is a “Builder Defense DAO” with the stated intent of waging “guerilla lawfare” against the enemies of DeFi. Proposed sorties include position papers, “legal defense against regulatory litigation” and “amicus curiae,” a Latin phrase meaning “friend of the court,” briefs in response to overeager charges from Gary Gensler’s Securities and Exchange Commission. The group raised $3 million from the Curve, Yearn and Lido DAOs earlier this year.

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