An on chain merger refers to the consolidation of two or more decentralized protocols or digital asset projects directly recorded and executed on a blockchain. This process typically involves the migration of tokens, smart contracts, and governance structures into a unified entity. Such mergers aim to combine resources, expand user bases, or achieve greater market presence.
Context
On chain mergers represent a developing trend within the decentralized finance (DeFi) space, reflecting a maturation of the ecosystem. These events are often reported in crypto news, with analysis focusing on the technical execution and the strategic implications for the merged entities. Successful on chain mergers can lead to enhanced utility and value for participants.
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