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
Yearn.Finance, a yield and lending aggregator in DeFi, has recently announced a series of “mergers” with other DeFi protocols — namely Pickle.Finance, Cover, Akropolis, and Cream. This has brought to attention the idea of DeFi protocols making M&A transactions. Additionally, yield aggregator Rari Capital will move their liquidity to the asset management protocol Melon — […]

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