The Solana Foundation’s main job is to bring talent and capital into the Solana ecosystem rather than elevate one team through a “myth-making” approach, according to Foundation Chair Lily Liu. Speaking on Aug. 11, Liu said the organization does not agree with mechanically applying the idea of “credible neutrality” to ecosystem governance. Instead, she said, it favors open competition and letting the market determine which projects succeed.
Liu also addressed product priorities inside the Solana ecosystem. She said the foundation has supported multiple perpetuals teams over a long period and views fully on-chain perps as having greater long-term value for both decentralized finance and Solana than pool-based trading models or off-chain execution. According to her, several teams are already pushing ahead with related efforts. Her remarks outline a foundation stance that emphasizes broad ecosystem development over concentrating support on a single project.
On Aug. 11, Solana Foundation Chair Lily Liu said the foundation’s core goal is to attract talent and capital to Solana rather than support a single team through what she described as “myth-making.”
Liu said the foundation also does not agree with mechanically applying “credible neutrality” to ecosystem governance. Its preference, she said, is for open competition, with the market deciding which teams win or lose.
She added that the foundation has long supported multiple perpetuals teams. In her view, fully on-chain perps carry greater long-term value for both decentralized finance and Solana than pool-based trading or off-chain execution. Liu said several teams are already working on related efforts.
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