DeFi Liquidity Incentive Program
A new and fairer liquidity program designed to bootstrap the DeFi ecosystem on The Open Network.
We designed The Open Network as a versatile infrastructure for a sustainable and widely accessible Dapp ecosystem. With DeFi standing at the forefront of TON’s ecosystem development, we recognize the need for liquidity funding to ensure TON’s DeFi functionality. The program aims to achieve organic sustainability within the DeFi space inside the TON Ecosystem.
The new DeFi Liquidity Incentive Program introduces a comprehensive set of qualification criteria to identify projects that align with the goals of sustainable growth and user-centric development.
Key Performance Indicators (KPIs) and milestones should be quantifiable, reflecting an increase in Daily Active Users (DAUs), Monthly Active Users (MAUs), TVL, or transactions. By focusing on achieving these milestones, projects will demonstrate their commitment to sustainable growth and user engagement.
Once the TON Foundation has had a chance to review the business plan on how a project intends to use the funds and finds it satisfactory, the funding will be distributed accordingly.
Key Performance indicators will be discussed as well as agreed between the foundation and the project before the funds are distributed. Key performance indicators should be quantitative in nature and should be not only achievable but aligned with what the foundation is trying to achieve.
The business plan submitted by the project should be broken down into milestones and tied to the funding, a project might not be able to get the full amount of funding that has been agreed upon if they fall short of the intended achievable milestones.
Projects are welcome to apply again if they amend the originally submitted business plan.