Building the Future of DeFi on NEAR Protocol: Angel DAO is Funding Innovative DeFi Solutions on NEAR!

4NTS Guild
NEAR Protocol
Published in
2 min readMay 10, 2021

Angel DAO — the newest NEAR Protocol project development Fund — is excited to announce a call for applications and competition for funding Future of DeFi Projects on NEAR Protocol. Specifically, Angel DAO is interested in funding the development of a host of DeFi solutions including but not limited to a securitization and tranching protocol!

While preference is given to next-generation DeFi products with huge growth potential, the Future of DeFi call for applications is open to any DeFi project interested in building on NEAR.

Winning Submission: 20k $NEAR over a 4 month development period.

General DeFi Award: 5k $NEAR over a 2 month development period.

Here is what that entails:

  • Product should have complete documentation and roadmap.
  • Product should have a well-thought out and easy to understand product architecture.
  • Product should have at least 2 active Devs working on the project.
  • Note: Angel DAO will also consider ideational applications for cutting-edge DeFi products that have not started development yet, however release of funding may be changed according to the status of the project.

Application Submission / Product Proposal

Timeline:

In collaboration with the launch of Ref.Finance — Angel DAO will open the application from May 10th until June 10th.

After June 10th all applications will be reviewed.

The top projects will be interviewed and the winning projects will be announced no later than July 1st.

Note: Existing securitization and tranching products that are willing to natively rebuild on NEAR are eligible for this reward. Projects should indicate what other ecosystems they have worked with or are actively deployed into when submitting their proposal.

To submit your application, please send it to near@sharpdarts.co

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