PANews reported on February 24th that, according to The Block, the Ethereum Foundation has established a new DeFi team under App Relations to support the development of new protocols that conform to the "DeFipunk" concept. Former DELV CEO and former MakerDAO governance architect Charles St. Louis has been appointed as a DeFi protocol expert, and Gearbox Protocol co-founder Ivan (ivangbi) as a DeFi coordinator. The team emphasizes that DeFi should maintain permissionlessness, censorship resistance, privacy priority, self-custody, and open source. It will provide research support, connection channels, and ecosystem demonstrations for related projects, and collaborate with the Privacy Cluster, which was restructured last year, to promote development in areas including user-controlled AI, high-throughput on-chain futures, futarchy DAOs, and ZK private credit lending.