We saw the promise that DeFi held very early. We started by mentoring DeFi protocols and helping them partner with liquidity providers and market makers. Ecosystems saw the premise of the DeFi Alliance and started supporting our founders. In Q2/2021 Coinbase joined the DeFi Alliance ahead of its public listing. Since then the DeFi Alliance has grown exponentially. In Q3/2021 we experimented with expanding our scope to include games. The success of this cohort, DAA6, was the spark for our migration to a fully fledged Web 3 accelerator.