Join Factor’s New Contributor Program: Shaping the Future of DeFi Composability

Factor
4 min readJun 21, 2024

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Become a Factor Contributor: Shape the Future of DeFi Composability

Are you passionate about DeFi scalability and eager to make a real impact?

Factor is calling on enthusiasts like you to join our Contributor program and help revolutionize DeFi strategy automation!

We have allocated 50 million FCTR from our treasury specifically for ecosystem activities, including Bribes, Scale incentives, and of course, our Contributor program.

This substantial allocation demonstrates our commitment to rewarding those who contribute meaningfully to Factor’s growth and vision.

PS: Individuals who demonstrate long-term commitment and significant contributions will have the opportunity to earn a substantial share of these allocated incentives!

What is Factor?

Factor is realizing a future where building and automating complex DeFi strategies are as simple as a drag-and-drop, no coding required.

Built by DeFi enthusiasts for DeFi enthusiasts, Factor’s goal is to democratize access to complex DeFi strategies, abstracting any possible multistep strategy into a single transaction.

*Learn more about Factor’s vision for DeFi in our Roadmap.

Part of this mission includes fostering an inclusive community ecosystem, where we maintain open communication between the Core Team and our community members, actively encouraging everyone to share feedback, opinions, and ideas with us and with one another.

While we have been receiving very good contributions from several valued community members, we want to formally recognize their contributions and expand our outreach to welcome other passionate DeFi enthusiasts to Factor’s community.

Introducing the Factor Contributor Program

This is why Factor is launching our official contributor program allowing members to play a more inclusive role in Factor’s growth while being recognized and rewarded for their efforts.

And we’re committed to making this program a mutually beneficial partnership.

Our Contributors will be vital in enabling Factor to reach across the DeFi space. Whether you’re a developer, content creator, or simply a passionate DeFi enthusiast, Factor welcomes your unique skills and perspectives.

Who can be a Factor Contributor?

Anyone who is a DeFi or Web3 advocate who shares our values, is committed to to advancing the future of DeFi and wants to help us achieve our Roadmap!

Here are some ways you can contribute to Factor’s growth:

🖊️ Create Content: Produce helpful content to onboard or engage new users, including tutorials, guides, Twitter threads, videos, and articles.

🌐 Translate Content: Translate Factor’s technical content into other languages.

🤝 Brand Awareness Activities: Support potential activities and partnerships (Eg: AMAs, workshops, etc)

💡 Provide Feedback: Share your insights on our dApp, developer tools, and content.

This list is just a starting point — we’re excited to hear your ideas for contributing!

If you’ve got an idea that doesn’t quite fit into our above categories but you think could be a great contribution to Factor, feel free to pitch your ideas to our team X and/or Discord

Why become a Factor Contributor?

Factor Contributors will be able to enjoy several benefits:

  • Early Access: Be the first to experience Factor’s newest features and updates before they launch to the public.
  • Network: Collaborate closely with members of the Factor Core team.
  • Guide Factor’s Future: Participate in discussions about the future of Factor, tools, expansions, partnerships and more.
  • Rewards: Earn FCTR by providing meaningful and valuable contributions that directly support Factor’s mission and accelerate our progress.

*Stake FCTR to govern FactorDAO, direct Scale emissions and earn 50% of Factor platform revenue in USDC. Learn more about FCTR utility here.

Future Opportunities for Contributors

We’re also developing more structured opportunities for our most dedicated and skilled Contributors. These roles will involve:

  • Participating in specialized working groups
  • Potential profit-sharing models for successful initiatives
  • Increased responsibilities and commensurate rewards

Apply to become a Factor Contributor!

Ready to shape the future of DeFi composability? Here’s how to apply:

  1. Fill out this Application Form to share your skills, interests and contribution ideas.
  2. Join our Discord Server to connect with existing contributors and get notified upon selection.

PS: Shortlisted applicants will be notified via Discord.

There is no deadline to apply. Applications will be reviewed on a rolling basis.

Shortlisted applicants will be notified via Discord. Please be cautious of scammers and verify identities through our Discord server roles.

Successful applicants will receive the “Contributor” role on Discord and access to a private Contributor channel.

FAQ:

Q: Is this a paid position?

No, but impactful contributions may be rewarded with FCTR tokens.

Q: How much time do I need to commit?

It’s flexible! Contribute as much or as little as you’re able.

Q: I’m new to DeFi. Can I still apply?

Absolutely! We value enthusiasm and willingness to learn.

Through this program, Contributors will have the opportunity to play pivotal roles in driving Factor’s success.

Don’t miss this opportunity to turn your passion into impact. Submit your application now and be part of the movement contributing to Factor’s growth and success in driving DeFi strategy democratization.

Have questions or eager to contribute? Your voice matters to us. Share your thoughts with us on X and our Discord, and engage with like-minded enthusiasts and stay informed about our progress!

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