Alliance DAO
Basics
"A group of Chicago-based crypto trading shops is coming together to connect more closely with Open Finance (DeFi) projects. The alliance aims to help DeFi projects understand the Chicago trading ecosystem, a major financial hub famous for its derivatives market. As DeFi projects look to bootstrap liquidity and onboard professional traders, CDA provides them a platform to communicate with trading firms, liquidity providers, and over-the-counter desks."'
- A reflection on their first work can be read here (8-7-2020). It mainly discusses roundtable discussions between DeFi players like Opyn, 0x, IDEX, DyDx, Token Sets, Synthetix, and Kyber Network.
Members
Volt Capital, Jump Capital, CMT Trading and DRW Trading launched today the Chicago DeFi Alliance (CDA). The organization, announced late Tuesday in a blog post, seeks to bring together the Chicago-based trading firms and DeFi projects from the world.
Inaugural members of the alliance include TD Ameritrade, DV Trading, Arca, dYdX, and Compound."
- New members to the CDA (8-7-2020): Gauntlet, QCP Capital, Three Arrows Capital, Aave, Framework Ventures, ParaFi, Ledger Prime, Jon Kol, Manna Research, Altonomy, Fractal Wealth.
- Coinbase announced in a tweet Thursday it had joined the DeFi Alliance (9-4-2021).
- Solana and Terra their ecosystems have been added (12-5-2021).
Accelerator Program Participants
"Kyber is now also part of the first batch of participants in CDA, joined by DeFi startups like IDEX, dYdx, Synthetix, Set Protocol, Opyn and 0x."
- From their blog (18-9-2020):
"The second cohort of startups for the DeFi Alliance’s accelerator program: Pods, Paraswap, Saddle, Notional, Tokenlon, Vega, Derivadex, Perpetual, Loopring, Deversifi, Mcdex, and Acala."
Gaming accelerator
"This gaming accelerator will help game startups with game design, community building, tokenomics and liquidity. It’ll be supported by the D.A.N. and an founding cast of mentors."
Team
- Imran Khan; co-founder (and of Volt Capital)
Funding
- Terra; part of the $150M Ecosystem investment fund (16-7-2021).
- Over 300 contributors have joined the DAO and its initial round, contributing $50m (13-1-2022).
