Delos DeFi was a decentralized finance (DeFi) protocol that aimed to establish a free-floating reserve currency, DELOS, backed by a treasury of mixed assets. Following the model of protocols like OlympusDAO, it used mechanisms such as staking and bonding to control supply and create a stable, community-governed store of value. The project's stated mission was to build a policy-controlled currency system native to the Arbitrum ecosystem. However, based on the suspension of its official social media channels and a near-total collapse in the token's value and on-chain activity, the project is now considered abandoned or defunct.

Founded in

Brazil