The Expected “Monday Announcement” of Altcoin Platforms Has Arrived: Here are the Details

Over the weekend, many DeFi platforms shared the same post at the same time, implying that they would make an announcement on Monday.

Cryptocurrency The accounts in question shared a double punch and a DeFi platform-specific background in common.

DeFi Platforms’ “Monday” Announcement “Social Coordination Experiment” Released

Today, the reason for these shares has emerged. Official Twitter accounts of many mainstream DeFi projects, including dYdX with AAVE, MakerDao with Element, Opyn with StakeDAO, Lido with Bebop, 1inch with KyberSwap, SushiSwap with Aura Finance, announced that they will conduct a “one-to-one” experiment in social coordination.

In a partnership message with dYdX, Aave wrote:

“We’re growing DeFi together. As Aave, we believe in creating a self-sovereign, insecure and transparent market for everyone to thrive. We are proud to collaborate with dYdX and others today to celebrate our inclusive, diverse and innovative DeFi community.”

An experiment in social coordination with @dYdX pic.twitter.com/zIryuii9I5

— Aave (@AaveAave) February 6, 2023

Here is dYdX’s message about the Aave partnership:

“At dYdX, our mission is to democratize access to financial opportunities. We strongly believe that DeFi is the only way forward for the future of crypto.

We are proud to partner with proven protocols like Aave, which represent the growth potential of our ecosystem.”

However, regarding the collaboration between MakerDAO and Element, MakerDAO issued the following message:

“What would you do if you could build with every ‘Element’?”

Element shared the following message on his official Twitter account:

“Combinable, decentralized, permissionless collaboration. This is an immutable feature of the decentralized smart contract system of which we are all a part, and one that should be clear not only in the code that brings us to life, but also in the way we convey our values.”

*Not investment advice.