zkLink Announces Phase 1 Grant Program Finalists With 20 Million ZKL Funding

IconCryptoNewsTerminal Staff24 Jul, 2024

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zkLink Announces Phase 1 Grant Program Finalists With 20 Million ZKL Funding

zkLink, a multi-chain asset transaction infrastructure project based on Zero-Knowledge Proof (ZK), has released a list of 16 projects that passed Phase 1 of its ecosystem grant program, which has a total funding of 20 million ZKL. Of this, 10 million ZKL will be allocated to the Phase 1 grantees. The grant program is designed to support innovative projects building on the zkLink ecosystem. The selected projects cover a wide range of use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. The finalists include: Aave Balancer Compound Curve Lido MakerDAO Opyn Synthetix Uniswap Yearn Finance The zkLink team will provide the grantees with technical and marketing support to help them succeed. The team will also work closely with the grantees to ensure that their projects align with the zkLink roadmap. The launch of the grant program is a significant milestone for zkLink. It demonstrates the team's commitment to supporting the growth of the zkLink ecosystem and to fostering innovation in the blockchain industry.

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