Pyth Ecosystem Grants Program: Fostering Growth in DeFi and Web3 Community
Thursday, 16 May 2024, 15:00
Pyth Ecosystem Grants Program
The Pyth Data Association has launched the Pyth Ecosystem Grants Program, offering $50 million in PYTH grants to eligible community members, as per the latest information shared with Finbold.
Initiative Details:
- The Grants Program encourages ideas and insights sharing about the Pyth Network within the Web3 community, fostering educational and research projects.
- Divided into Community, Research, and Developer grants, each category targets specific goals for advancing the Pyth Network.
- Operated by the Pyth DAO under a decentralized governance model, the network supports over 350 applications across more than 55 blockchains.
Pyth Network is aiding decentralized finance (DEFI) by providing access to low-latency, high-fidelity price data, enabling high-throughput on-chain applications.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.