Who is the Cardano DeFi Alliance and why does it matter?

In line with standardizing practices for the up-and-coming Cardano DeFi ecosystem, the Cardano DeFi Alliance (CDA) offers a framework for protocol developers to work together on critical issues and strategic development.
First announced in mid-December, the CDA sets out to promote the benefits of the Cardano blockchain with a view to setting DeFi industry standards.
“The primary mission of the CDA is to provide collaboration among leading DeFi protocols, provide open-source libraries, craft best practices, and innovate within the Cardano DeFi ecosystem.”
Formally structuring Cardano’s DeFi ecosystem seems like a step in the right direction as far as collaborative development goes. But, critics maintain that fifteen weeks since Alonzo smart contracts rolled out, there is still no dApp ecosystem.
Who is the Cardano DeFi Alliance?
The CDA comprises DeFi developers, infrastructure providers, and Plutus engineers. They intend to “communicate, educate, and innovate through this organ

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