Orbs, an Israeli blockchain company building a public blockchain infrastructure project, and Binance announced Monday the launch of a new accelerator for the DeFi ecosystem.
Named DeFi.org, the accelerator focuses on supporting the research and development of open-source software and community development in the DeFi space. The accelerator will evaluate projects based on their innovativeness and composability within the space, as well as principles of fair distribution, community ownership, sustainable economics and a sound approach to risk management.