DeFi.org and DappRadar $100k Grant

Published on: 19.08.2022
DeFi.org and DappRadar $100k Grant

DeFi.org and DappRadar $100k grant has been launched. This grant invites teams and tech talents to contribute new projects to The Open DeFi Notification Protocol.

Powered by Orbs, The Open DeFi Notification Protocol is a platform that allows users to stay informed of their on-chain DeFi events. The platform empowers 20 dapps across five networks, including Ethereum, Binance Smart Chain, Polygon, Fantom, and Avalanche.

The Open DeFi Notification Protocol is a free-to-use, mobile-friendly, community-driven initiative that keeps users aware of their on-chain DeFi events. The Protocol runs on Orbs’ decentralized network, consisting of independent nodes known as the Orbs Guardians.

The Protocol supports 20 dapps across five networks, including Ethereum, Binance Smart Chain, Polygon, Fantom, and Avalanche. In addition, it can push alerts on all sorts of events, including stop-loss, price movement, TVL changes, contract upgrades, and more, to help users stay informed.

Lately, the platform launched a $100,000 grant program in collaboration with DappRadar, letting developers’ ambitions and brilliant ideas fuel the platform’s expansion.

How to participate in the Grant

The Open DeFi Notification Protocol is built with community-driven collaboration at its core. This open-source project allows and encourages anyone to contribute and integrate notifications with its platform.

The Grant program can help development teams to move their projects forward more significantly by supporting them in various aspects.

 A snapshot of the program is as follows:
  • Start date: 30/05/22
  • End date: 30/09/22
  • Duration: 4 months
  • Grants: Available total of up to $100,000, with up to $10k per dev team

The Grant Committee formed by defi.org mentors will rate the entries on four parameters to determine the final winner and the prize.

The four parameters are as follows:
  • Project contributions: The team must contribute at least one project to be eligible for the grant. However, more contributions will earn more points from the judges.
  • Active notifications: the Grant encourages teams to develop more active notifications for their project.
  • Innovation: teams are allowed to make use of the existing projects and use cases found in this repo. However, new and innovative use cases and integrations will earn extra points.
  • Social media presence: teams need to announce their contribution on Twitter and tag Orbs Network, DappRadar, and DefiOrg. It is also worth noting that additional social media activities, such as educational blog posts, tutorial videos, etc., will get extra consideration from the judges.
ABOUT DeFi.org

The DeFi.org Accelerator dedicates to supporting research, the development of open-source software, and community engagement. The accelerator looks for projects that are building on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics, and composability with the broader ecosystem.

Website | Twitter

ABOUT DappRadar

DappRadar is the biggest Web3 dapp distribution platform, we are The World’s Dapp Store. One million users per month use DappRadar to discover new dapps, gain insights into DeFi and NFT collections, or learn more about GameFi and play-to-earn gaming.

Website | Twitter

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