Aurora Launches $90 Million Developer Fund to Boost DeFi on NEAR Protocol

Aurora, the blockchain layer on the NEAR Protocol, has partnered with Proximity Labs, the DeFi arm of the NEAR Protocol, to launch a $90 million token fund to accelerate the development of DeFi applications. To fund the fund, Aurora Labs, the core development team behind Aurora, has allocated 25 million Aurora Tokens (approximately $90 million) to Proximity Labs from its DAO funding pool. applications on Aurora.
Source

Aurora

Fund

Near

DeFi

In This Article

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures
Latest News More More
2 Days Ago Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
3 Days Ago Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum
May 15 Synthetix proposes $27 million token swap to acquire options protocol Derive
May 14 FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
May 13 COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open