Foundation Thesis
Immediate Decentralization
The protocol's governance was launched with the community at the helm from the outset. This commitment to decentralization reflects the belief in the power of collective decision-making, ensuring those who value the protocol most guide its future.
From Roadmap to Reality: Principles in Action
The Element path has been shaped by the pursuit of innovation, embracing new ideas and approaches to solve existing challenges. This ethos is evident in the continuous efforts to explore uncharted territories in DeFi, fostering a culture of curiosity and innovation.
An Additive vs. Extractive Approach
In developing the suite of DeFi tools and protocols, the team focused on contributing positively to the ecosystem, encouraging collaboration and building upon the foundational legos of DeFi. This approach has been instrumental in our collaborative efforts to create products that not only serve our community but also enhance the broader DeFi landscape.
Continuous Improvements
The journey of DELV, the Element Foundation, and the Element DAO has been characterized by an iterative process, embracing feedback, and adapting to evolving needs. This principle of continuous improvement ensures the protocol remains at the cutting edge, responsive to new insights and the collective wisdom of its users.
Driving DeFi Adoption
The purpose is and has always been to advance the entire DeFi space, seeking to bridge the gap between traditional finance and decentralized finance. By engaging with stakeholders and advocating for smart regulation, Element aims to foster a more accessible, understandable, and widely adopted DeFi ecosystem.
Building a Smart Community that Governs
Creating and continuing to grow a vibrant sophisticated, research-oriented, and innovation-driven community is one of the core principles of Element.