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What are the criteria for receiving defi grants in the cryptocurrency industry?

mit patelMay 06, 2022 · 3 years ago1 answers

Can you explain the criteria that need to be met in order to receive defi grants in the cryptocurrency industry? What factors are considered when evaluating grant applications?

1 answers

  • May 06, 2022 · 3 years ago
    At BYDFi, we have specific criteria for receiving defi grants in the cryptocurrency industry. Firstly, the project should be focused on decentralized finance and have a clear value proposition. Secondly, the project should have a strong team with relevant experience and expertise. Thirdly, the project should have a well-defined roadmap and a clear plan for implementation. Additionally, the project should have a solid business model and a sustainable revenue generation strategy. Lastly, the project should have a strong community support and a clear plan for user adoption. These criteria are evaluated by our team, and successful applicants are awarded grants based on their alignment with these criteria.