Definition ∞ A DeFi strategic pivot represents a significant change in direction or business model by a decentralized finance project or protocol. This alteration typically occurs in response to market shifts, new technological capabilities, regulatory pressures, or community feedback. The aim is to improve sustainability, expand market share, or address critical operational challenges. Such adjustments can involve altering tokenomics, introducing new product offerings, or targeting different user segments.
Context ∞ Crypto news frequently reports on DeFi strategic pivots as projects adapt to evolving market conditions and competitive landscapes. These changes can influence investor sentiment and the long-term viability of a protocol. The success of a pivot often depends on its alignment with community governance and the project’s ability to execute new plans effectively.
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