- Top Ethereum protocols form alliance to influence policy.
- Focus on decentralization and neutrality.
- No central leadership or lobbying budget set.
The alliance aims to coordinate with regulators and protect decentralized principles, potentially influencing market stability and policy development for core Ethereum assets.
Leading Ethereum protocols have formed the Ethereum Protocol Advocacy Alliance (EPAA) to influence global policy. They aim to coordinate with regulatory bodies and defend decentralization and protocol neutrality without a central leadership.
The founders include Aave Labs, Aragon, Curve, Lido Labs Foundation, Spark Foundation, The Graph Foundation, and Uniswap Foundation. Their goal is to provide developers a voice in policy matters, supported by expertise from various advocacy groups.
The EPAA’s formation impacts the Ethereum ecosystem significantly, potentially stabilizing investor sentiment. It aligns with ongoing advocacy efforts by the DeFi Education Fund and others to enhance regulatory understanding of onchain systems.
No new funding is allocated specifically for lobbying, differentiating it from traditional PACs. The alliance’s approach focuses on technical and advocacy-based influence, prioritizing the direct involvement of developer teams.
Despite its formation, no immediate changes in Ethereum’s total value locked (TVL) are observed. However, the alliance could foster future regulatory cooperation, influencing protocol assets like ETH, UNI, LDO, and AAVE over time.
Historical trends show that proactive advocacy can shape favorable regulations. The EPAA seeks to navigate policy with technical accuracy, emphasizing the growing maturity within the crypto space for developer-led governance and regulatory dialogue.
Brian Nistler, General Counsel, Uniswap Foundation, “The Uniswap ecosystem has faced undue regulatory scrutiny in the past—that’s why we know how critical it is for actual builders to have a seat at the table when policy for decentralized financial systems is being shaped.” source
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