BadgerDAO launches $250,000 community funding program to support BTC development in DeFi

BlockBeats news, on August 21, BadgerDAO announced yesterday the launch of the Badger Grant Program supported by Gitcoin, with a prize pool of $250,000, aimed at supporting the community-driven growth of Bitcoin in the DeFi field.

The main goals of the program include: supporting projects that enhance the eBTC protocol ecosystem, discovering new ideas and talents that can add value to DAOs, and encouraging innovations that introduce Bitcoin into DeFi.

Application projects should focus on at least one of the following areas: improving BADGER practicality, improving Bitcoin integration in DeFi, Bitcoin L2, rollups or mining innovations, and developing or developing parallel products based on the eBTC protocol.

Application conditions include: proposals must have a clear and achievable roadmap, open community feedback, apply for an amount between $1,000 and $100,000, and agree to a milestone-based payment method. Applicants must publish proposals on the Badger DAO governance forum, which will be reviewed by the Treasury Council and submitted to the Gitcoin Grants Stack team.