Fhenix Launches Grant and Bounty Programs to Drive Layer 2 Adoption

Thursday, 22 August 2024, 16:00

Fhenix, a Layer-2 network utilizing Fully Homomorphic Encryption (FHE), has launched grant and bounty programs aimed at enhancing L2 adoption. These initiatives are designed to attract developers and innovative projects on the Fhenix platform. Eligible applicants can find further information on Fhenix.io.
Finance in Bold
Fhenix Launches Grant and Bounty Programs to Drive Layer 2 Adoption

Fhenix Grant Program

The Fhenix Grant Program is structured to encourage developers to harness confidential computation through Fully Homomorphic Encryption (FHE). This initiative specifically targets those engaged in FHE infrastructure or developing confidential applications on blockchain technology.

  • Projects with innovative use cases are prioritized.
  • Applicants must outline detailed plans, including milestones and KPIs.
  • Successful candidates receive funding to help realize their visions.

All applications will be thoroughly reviewed by the Fhenix team, who may request additional details if necessary. This grant program is well-suited for larger projects aiming to enhance on-chain confidentiality using FHE.

Fhenix Bounty Program

In parallel, Fhenix has introduced a bounty program targeted at smaller, more focused projects. The platform will connect suitable applicants with available bounties, rewarding them for project completion.

Together, the grant and bounty programs aim to foster innovation in confidentiality while broadening the developer base for Fhenix's Ethereum Virtual Machine (EVM)-compatible Layer 2 platform. The goal is to showcase the transformative capabilities of Fully Homomorphic Encryption in blockchain technology.


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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe