Alpha Grants Program & The First Dev Grant

Alpha Finance Lab introduced Grants Program & The First Dev Grant to build a scalable #Alpha ecosystem.

Alpha Grants Program is a program in which Alpha Finance core development team will give grants to Alpha Builders, well-organized development teams and individuals with a proven track record of building in DeFi who want to contribute to building the Alpha ecosystem.

Importantly, this program also allows the broader Alpha community to propose new development grants even if they don’t plan to work on the proposed grants themselves. If the proposed development grants are approved by the Alpha Finance core development team, Alpha Thinkers (the person/team proposing the grant) will receive 5% of the grant amount in ALPHA tokens when the development is complete.

Alpha Finance is giving the first developer grant to Alpha Builders to build an Alpha dashboard that will contain key metrics in the Alpha ecosystem to help community understand the trends/usages and get valuable insights.

What is Alpha Finance Lab?

Alpha Finance Lab is a DeFi Lab and on a mission to build an ecosystem of DeFi products (the Alpha ecosystem), consisting of innovative building blocks that capture unaddressed demand in key pillars of the financial system. These building blocks will interoperate, creating the Alpha ecosystem that will be an innovative and more capital efficient way to banking in DeFi.

Alpha Homora is Alpha Finance Lab’s first product and DeFi’s first leveraged yield farming product that captures the market gap in lending, one of the key pillars of the financial system.

📰 INFO:

https://blog.alphafinance.io/announcing-alpha-grants-program-the-first-dev-grant/