Establishment of Defibox Development Fund
As part of the plan to grow the Defibox ecosystem, Defibox being the Defi platform on the EOS chain, there’s a need for a growth plan within the community.
The team has been working so hard since the very first day to ensure Defibox is a good platform for every Defi lover on the EOS Blockchain.
To promote the development of the Defibox ecosystem, Defibox Foundation officially announces the establishment of the Defibox Development Fund.
This is to support developers within the community, encouraging them to develop a “Satellite” protocol using the 3 basic protocols of Defibox.
Incubation support provides financial support and also supports in all other parts like technology, audit, community, and promotion.
For the Defibox Development, The Foundation has decided to distribute 5% of the total BOX supply to the Development Fund to support community developers that are going to be developing Satelite protocol to solve existing problems of Defibox.
This is mainly to fully integrate openness and composability of the 3 basic protocols to innovate the protocol and enrich the diversity of Defibox ecology.
Here is about the Defibox Development Funds.