We are pleased to announce the launch of a $20M Grant to further enhance the development of the Reef Chain. Following the successful launch of the long-anticipated Reef Chain, we have decided to set up a grant to encourage Developers who intend to build within the Reef ecosystem, as we believe that creating a grant of this magnitude will help in onboarding top-notch developers and equipping them with the necessary infrastructures to build DeFi Applications of the future.
In line with our aim to develop one of the fastest-growing ecosystems in the DeFi arena, we have created this to provide support to developers through their development cycle as well as equip them with the necessary infrastructure to build successful DeFi solutions on our recently launched chain.
We at Reef believe that good developers are the frontiers in the adoption of solutions within any blockchain, and as we work towards making DeFi easy for everyone, we also believe that encouraging the development of solutions for our developer community is the fastest way to achieve this. With the launch of our grants program, we also intend to enhance the development of our recently launched Reef Chain.
This grant would be looking to target projects intending to build and deploy applications satisfying a variety of real-world use-cases with high potentials for driving mainstream adoption within the Reef ecosystem.