The HBAR_foundation is hoping to stand up a DeFi ecosystem with the help of a new $155 million incentives fund. $HBAR Blockanalia reports
In some ways, the fund signals a strategy shift for the developers of the chain.
“Hedera has always been focused on enterprise, and even within enterprise focused on a discrete use case, which is efficient distributed ledgers and throughput,” said Song. “There is another exciting part of the industry focused on retail and adoption, however.” Song also mentioned environmental, social and governance efforts and a major retail-focused staking effort led by Stader Labs, the first recipient of a grant from the program.
“I would hesitate to call it a pivot, but it’s broadening our scope and taking what we’ve learned in the last two years and reshaping it in a way that’s meaningful and usable by the average retail user,” said Song.
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