Angel DAO, the latest project development fund of the NEAR Protocol, has made the most exciting announcement ever by issuing a call for applications for sponsoring the Future of DeFi Projects at the NEAR Protocol. Angel DAO is now keen on financing the development of several DeFi solutions that include the tranching and securitization protocol and many more. Even though the next-gen DeFi products of huge growth potential are more preferred than the rest yet, the Future of DeFi is open to every interested DeFi project developer interested in working with the NEAR protocol.
Interested applicants need to take note of the following details to apply for working on the projects of Future of DeFi on the NEAR protocol:
- The product of development should come with a detailed roadmap along with complete documentation.
- The product must have an easily understandable and comprehensive architectural plan.
- The product should be associated with at least a couple of active Devs working on the main project.
Angel DAO is not only meant for funding the development of tangible projects but is also on the lookout for financing ideational applications that lay out the plans and documentation for state-of-the-art DeFi products. However, for such projects, the release of the sponsorship amount may change depending on the project’s development status.
The application portal shall remain open from May 10 to June 10, 2021. There will be a review of the applications in June as soon as the portal of application closes. Angel DAO shall conduct interviews with the top applicants, and the names of the selected candidates shall be declared around July 1, 2021. The most eligible candidates are working on projects related to the development of tranching and securitization products on the NEAR protocol.