Launching The Open League DeFi Grants Program: Up To $520,000 Per Team

The TradiFi world is not paying enough attention to the incredible innovations happening in DeFi at the moment; TON, however, is. We are extremely proud to announce The Open League DeFi Grants Program, a new initiative aimed at backing the outstanding efforts of Web3 builders in DeFi and dApps. TON is leading the way in embracing the most significant DeFi trends in the industry, and we invite Web3 DeFi builders to build their solutions with us.

By building a Telegram Mini App (TMA) for your project, you can access over 900M monthly active Telegram users and go directly to your target audience instead of waiting for them to come to you.

With TMA, you can create a simple onboarding flow with a smooth user experience and invite your users to experience DeFi directly on their favorite messenger.

TON is the new home of DeFi

TON Foundation launched The Open League to help onboard Telegram users to Web3 and support ecosystem projects in sustaining and growing their audiences. Now, these opportunities are expanding to DeFi. With up to $300,000 in user incentives and up to $200,000 in grants per team, we are setting the stage for DeFi projects to not only launch but also excel and expand on TON. The most successful teams can receive up to $520,000 in grants!

TON is your playground, covering decentralized exchanges, lending protocols, and everything in between. Whether you’re developing lending and perp DEX, liquidity layers, or exploring restaking, your project has a home here.

Currently, we offer four tiers of support based on the project’s current TVL on other chains, team experience, and other metrics.

Tier 1

• TVL > $300M
• Up to $200K in grant support
• $300K in pre-committed rewards for protocol users
• $20K in free Telegram Ads credits

Tier 2

• TVL > $100M
• Up to $150K in grant support
• $150K in pre-committed rewards for protocol users
• $15K in free Telegram Ads credits

Tier 3

• TVL > $50M
• Up to $75K in grant support
• $50K in pre-committed rewards for protocol users
• $10K in free Telegram Ads credits

Tier 4

• For experienced DeFi teams with a new product idea
• Up to $30K in grant
• $20K in pre-committed rewards for protocol users
• $5K in free Telegram Ads credits

DeFi should be as easy as texting

Be early, bring your project to TON, and join the Telegram Web3 SuperApp, taking advantage of the platform’s 900 million users. The Open League DeFi Grant Program gives you the capital and community needed for success. Build on TON, leverage our ecosystem, and help us put crypto in every pocket.

With TON, you can launch your new project with the support it deserves and benefit from an ecosystem that’s still only in its infancy. There’s so much coming to TON and you don’t want to miss being a part of it!