There's a growing recognition that for DeFi to truly go mainstream, it needs to offer attractive yields – but more so it needs to provide intuitive experiences, robust security and compelling use cases. Reality, though, has often fallen short of that dream.
There's a growing recognition that for DeFi to truly go mainstream, it needs to offer attractive yields – but more so it needs to provide intuitive experiences, robust security and compelling use cases. Reality, though, has often fallen short of that dream. Unsustainable yields and speculative tokens have drawn criticism that some projects are more focused on enriching insiders than building lasting value.
TheseRadix Foundry grants will provide support to a diverse range of projects, including: lending/borrowing money markets, real world assets , yield derivatives, NFT pro trading, launchpads, stablecoins/CDPs, liquid staking and more. These projects will then stand a chance to receive a further $250,000 in ecosystem funding – along with dedicated marketing, business and technical support from the RDX Works team.
In total, projects can now receive up to $160,000 in Booster funding across all grant stages . This substantial funding opportunity – combined with the dedicated support – is enough to give projects the runway they need to scale from zero to one.While the spotlight may often be on the dapps themselves, Radix recognizes that a thriving ecosystem requires a strong foundation of developer tools and support.
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