Decentralized Protocols and Mergers
Quick Take
- Yearn.Finance has recently announced a series of “mergers” with other DeFi protocols — namely Pickle.Finance, Cover, Akropolis, and Cream
- For now, these are simple partnership announcements. Resources are shared, but they are not mergers enforced by smart contracts
- Still, they are the first steps to what could be real M&A activity between protocols. Whether those are a good idea depends on your view of how protocols should be governed
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Author: Mika Honkasalo
