avatar

NEAR Announces $800 Million Eco-Development Fund

TokenInsight news, according to CoinDesk, NEAR announced the launch of an $800 million eco-development endowment program, of which $250 million of the eco-fund will be allocated over four years; $100 million will go to regional funds, and $100 million will be dedicated to startups. In addition, Proximity Labs, founded by early NEAR contributors, will donate $350 million in funding to the DeFi DAO, through which the DeFi protocol will be able to apply for liquidity funding.
Source

DAO

In This Article

Related News
Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal
ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network
GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN
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
Unlocking DeSci: Ink Finance Provides Decentralized Funding Solutions to Reshape Financing and Governance Models Unlocking DeSci: Ink Finance Provides Decentralized Funding Solutions to Reshape Financing and Governance Models
Latest News More More
1 Day Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
1 Day Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
2 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
4 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
4 Days Ago Canada to launch spot Solana ETFs this week: report

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open