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Meridian Network to Introduce DeFi Platform for Autonomous Use


The Meridian Network, a self-described “platform designed to facilitate a community-governed suite of DeFi dApps,” is bringing some changes to the world of Decentralized Finance as we know it, according to a press release from the group.

This shall be done via the group’s platform – one that “fosters DeFi innovation while remaining under the direct control of individual investors. It’s a radical departure from the status quo that its founders believe is long overdue,” the release continues.

Speaking on the matter is one of the Meridian Network’s founders, Mark, who said:

“We noticed that most DeFi dApps were external to users’ control, and we thought finding a way to give some of that control back to users would be a good starting point.” And that’s where the idea for one of the Meridian Network’s core features came from – the inclusion of a decentralized autonomous organization (DAO).”

That DAO shall be a place where users can learn about DeFi and the Meridian Network, as well as a space where investors can vote on new additions to the platform, the release continues.

Yomonk, another founder of the platform, commented stating:

“We want to build an ecosystem of DeFi dApps that is governed by its own DAO and allow our traders/investors to easily learn about these dApps and also educate each other to find winning strategies in the market.”

As for the platform’s future. That is yet to be seen. Will it change DeFi as we know it? The group certainly hopes so.

Remember, all trading carries risk. Past performance is no guarantee of future results.



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