In the midst of the Crypto market crash, DeFi projects should consider reloading their resources
Some of the most important projects in decentralization 
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Finance, created as a parallel universe to traditional lending, but without intermediaries such as brokers and banks, is still suffering from the winter sector.
Defi Lender Project AV is seeking $16.28 million from the decentralized independent organization that manages the protocol.
This is the first time our development team has requested funding from Avenue. 
Spirit [email protected] Lend and borrowDeFi DAO, as described in our proposal. A vote on the plan — which closes on Sept. 8 — received enough support to pass. As the Ave protocol has evolved, it has become increasingly complex, so maintenance costs have also increased.
Building a reliable and innovative version of a protocol like Aave V3 requires experienced developers with multiple skill sets. They should be paid appropriately for their efforts. The proposal stated.
The struggle is not limited to Ave. Lido DAO, which manages Lido Finance, is one of the most prominent projects regarding the total value of the crypto locked on Plateau, has voted to sell 10 million LIDO tokens to capital company Dragofly Capital for $20 million.
Defi has received billions of dollars in investment this year
Defy became incredibly popular this year with billions of dollars invested in the sector. This activity generated millions of dollars in revenue. However, during the current bear market, the value of treasuries for high-def projects has fallen significantly along with token values. This has led to reduced revenues and increased costs, putting pressure on projects.
Jacob Blish, head of business development at Lido Finance, said Lido was focused on everything but was able to manage its funds amid the bull market.
Aave DAO's liquid assets are currently valued at $378 million, as opposed to $800 million in April. On the other hand, Lido DAO saw its value in its liquid assets drop, down from an estimated $800 million to $344 million.
