Using Treasury to Support DeFi Projects Building on Karura

5d ago
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Hello Karura Community,

Over the past time, we have witnessed the strong development of the DeFi ecosystem on Polkadot and Kusama. Karura—as a DeFi hub—has great potential to become a center of liquidity and decentralized finance innovation. However, there is still a clear gap: not many projects have taken advantage of Karura to deploy real products and attract new users.

👉 I would like to open a discussion: Should we use a part of Treasury to fund or incentivize DeFi projects to build on Karura?

Some specific ideas:

  • Micro-grants: Support dev teams to test applications such as stablecoin lending, synthetic assets, and prediction markets on Karura.
  • Liquidity incentives: Use Treasury to create initial liquidity pools, attracting users to participate.
  • Hackathon or bounty: Host a DeFi project development competition with a Treasury prize, helping to increase interest and innovation in the community.
  • Cross-chain integration: Support projects that build bridges or dApps that interact with other chains in the Polkadot/Kusama ecosystem.

Community questions:

  • What do you think should be the Karura Treasury's biggest priority right now: DeFi development, marketing, or infrastructure?
  • Do you think funding new DeFi projects will be beneficial to Karura in the long term?
  • Are there any projects you know of that are suitable for testing on Karura that we should invite?

I believe that a reasonable Treasury strategy will help Karura become not only an infrastructure platform but also a hub for innovative and useful DeFi applications for the community.

Looking forward to hearing from everyone!
Crazy Cattle 3D

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