Launching Brand New Decentralized Finance and Community Growth Grants for Avalanche-X

Avalanche-X is just over two months old and shows no signs of slowing down. We’re excited to continue launching new grants to build the internet of finance.

The current financial system was not built with the general population in-mind and prioritizes just a select few elites and institutions–a centralization of power that has accelerated in the last decade. With the advent of blockchain technology, we’re seizing the opportunity to build an internet of finance that works for individuals, not against them.

AVA Labs empowers people to build an open, simple, and democratic internet of finance that enables the world to have a more prosperous future. To bring this mission to life, AVA Labs is making its first splash with Avalanche. The platform and the underlying protocol have already attracted the attention of the best and brightest of the blockchain and wider-tech industry, but like snow barreling down a mountain, we’re keeping the momentum going. Cue: Avalanche-X.

It’s been a little over two months since we launched Avalanche-X, our accelerator for developers building decentralized finance (DeFi) applications. With Avalanche-X, developers have the opportunity to submit a general application or apply for an open grant by the AVA Labs team.