An alliance that brings together different decentralized finance realities to spread and educate the new blockchain-based model to make the six billion potential smartphone users in the world accessible to financial services enabled by disintermediation.
This is the goal of DeFi for the People, an alliance at the center of an innovative decentralized finance (DeFi) project built on the Celo platform, an open-source ecosystem that allows anyone with a smartphone to save, receive and send money in quickly, safely and economically.
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DeFi for People sees among its founders Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap and Moola Market, major international players in the field of cryptocurrencies and decentralized finance. Partners who will support education and infrastructure also include Chainlink, RabbitHole, The Graph, and Wrapped.com.
The program aims to make the blockchain world and the use of cryptocurrencies increasingly accessible, while simultaneously offering more than $ 100 million in educational initiatives, grants and incentives.
Half of the costs will be covered by the Celo Foundation, which has in its mission the spread of blockchain technology for prosperity and financial inclusion. The other half to participate in educational activities will be covered by the partners of the initiative.