To encourage more developers to transplant and develop DeFi applications on Qtum blockchain, the Qtum Chain Foundation officially launched a million-dollar DeFi Incentive Program.
Qtum Chain Foundation launched the Qtum Blockchain mainnet in September 2017. It was the industry's first smart contract platform based on the same UTXO model as Bitcoin. After 3 years of technical iteration, Qtum has gradually developed a variety of unique technical and ecosystem characteristics, which are very suitable for building DeFi projects.
To encourage more developers to transplant and develop DeFi applications on Qtum blockchain, the Qtum Chain Foundation officially launched a million-dollar DeFi Incentive Program. The total award amount of this incentive plan is 1 million US dollars (with up to $5 million US dollars, depending on community support and projects permitting), and each team can receive a development grant award ranging from $25,000 to $50,000 after completing the application and passing a review.
Qtum sincerely hopes that more developers will join and develop DeFi projects on Qtum, and create more and better DeFi applications with long-term value.
Qtum Chain Foundation will complete the project review within 7 working days and notify the project leader by email.