ChainCatcher news, according to The Block, ETHDenver founder John Paller stated in an interview: "Trump's focus on deregulation and promoting economic growth may create ideal conditions for the flourishing of DeFi. That said, we need policies that protect innovation while allowing builders to experiment without fear."
Jawad Ashraf, CEO of Web3 company Vanar, also stated that the more direct impact on DeFi is that the new U.S. government may provide clearer regulations on whether crypto tokens qualify as financial securities. This would lead to the implementation of more fee conversions and potentially make it legal to distribute protocol revenue to token holders in the form of dividends.