CrossFi
2 min readSep 28, 2023

The CrossFi ecosystem is in a stage of active growth, filling with new services and applications. To fuel this development and stimulate the creation of new user-friendly tools, bridging crypto and fiat finances, the role of the supporting body was given to the CrossFi Foundation.

What is CrossFi Foundation?

CrossFi Foundation is a non-profit organization, which plays a crucial role in the scaling of the Cross Finance ecosystem. It is self-regulating, with most active users of the ecosystem being able to decide on its future and development.

CrossFi Foundation's main goal is to grant support to those who are interested in developing the ecosystem.

It narrows 4 key grant directions, with total budget reaching $50,000,000:

🔹Grants for users. They can enjoy airdrops for subscribing to CrossFi's social networks and inviting friends, take part in zealy and gleam campaigns with rewards or play a role of a CrossFi Chain tester with tangible incentives.

🔹Grants for ambassadors. If you have audience to share your experience with or you are a creator, you can apply for a CrossFi Foundation grant.

🔹Grants for developers. The CrossFi Foundation is supporting innovators building tools, services and dApps based on the CrossFi EVM-compatible blockchain. Both those who have ready-made solutions or just a cool idea can apply.

🔹Grants for validators. The CrossFi Foundation motivates those who participate in testnet or raise a full node, becoming a validator.

All grants are awarded in MPX coins, except for grants for product and service development. Developers receive grants in XFI coin.

Stay tuned so you don't miss the launch of CrossFi Foundation.

CrossFi

Cross Finance is a next generation digital ecosystem of the cutting-edge payment solutions.