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 Minute Ago FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
23 Hours Ago COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
2 Days Ago Lido 'secure' after oracle compromise sparks emergency DAO vote
2 Days Ago Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
6 Days Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model

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