Alpha Finance Lab, an interoperable ecosystem of DeFi products, has announced that as a part of laying the foundation to build a scalable Alpha ecosystem, it is now launching the Alpha Grants Program.
FACTS ABOUT ALPHA LAB
It is a cross-chain Defi platform that looks to bring Alpha to users across a variety of block-chain such as Binance Smart-Chain (BSC) and Ethereum.
It is currently valued at $2.022
Just like other defi projects, alpha staking and leverage yield-farming (Alpha Homora) swapping of tokens.
NOTE THESE WHILE APPLYING AS AN ALPHA BUILDER
The Alpha Finance Lab will get back to teams within 14 days of receiving their email to either request more information or give a decision on their grant application.
The qualified team of Alpha Builders will work closely with the Alpha Finance core development team.
A full UI mock-up will be given to the qualified Alpha Builders.
This program also allows the broader Alpha community to propose new development grants even if they do not plan to work on the proposed grants themselves. If the proposed development grants are approved by the Alpha Finance core development team, Alpha Thinkers (the person/team proposing the grant) will receive 5% of the grant amount in ALPHA tokens when the development is complete.