1inch Foundation launches $3M grants program for DeFi developers
The grants program will be distributed to developers over the next 12 months via 1INCH tokens. 1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers. Over the next 12 months, 1inch Foundation will disburse grants for projects in the following categories: network development, community development and research and analytics. The network development category targets aggregation products, automated market makers, wallets, layer-2 protocols and....
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Only users who stake 100,000 1INCH or more will receive a full refund for their gas fees. The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1.In an announcement on Tuesday, the 1inch Foundation said it would begin distributing 10 million of its native 1INCH in an effort to refund gas costs for users who stake the tokens. The foundation intends to issue monthly refunds for those who stake the token anytime between the first swap in a given month and the day it distributes 1INCH. At the time of publication, the....
Web3 Foundation makes another breakthrough as its Grants Program officially signs 302 development projects. The milestone means that Web3 Foundation has funded exactly 100 projects in 2021 alone, as at the time of reporting, with more grants in the pipeline. Web3 Foundation is renowned for its transparency and celebration of grant accomplishments. This comes at the heels of the last milestone in January 2021, when the organization funded 200 projects. Since the program’s inception in December 2018, Web3 Foundation has received a total of 840 applications from teams in over 50 countries.....
Everscale (ex FreeTON) DeFi Alliance has announced the opening of its Everscale Grants program. The grants program will provide crucial financial and professional support to promising IT startups that qualify. November has been a busy month for the Everscale network. Early on the project, which previously was called FreeTON, announced it would be rebranding into Everscale. The reasons behind the change were tied to the significant advances that had been made on the network and its correlated ecosystem, relative to where it had started out as FreeTON. FreeTON was started as a continuation....
The 1inch Network’s governance framework will have many of the hallmarks of Ethereum-based projects in a move that prioritizes user experience and broader network participation. 1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. Instant governance gave 1inch token stakers....
If you are a developer who is currently working on an Ethereum-based project, there could now be additional funding available to you. In a recent blog post, the Ethereum Foundation announced ÐΞVgrants (originally named ΞTHgrants): a program intended to support developers who are making significant contributions to the Ethereum ecosystem. According to the announcement, written by grants administrator Wendell Davis, the goals of ÐΞVgrants are threefold: To provide developers interested in contributing to the Ethereum ecosystem the opportunity to spend significant time on their project in....