At Extreme Investor Network, we are excited to share with you the latest updates from the Tezos Foundation grant program, showcasing the innovative projects that are shaping the future of DeFi, gaming, and beyond. In a recent announcement, the Tezos Foundation unveiled the recipients of its grants for May and June 2024, highlighting a diverse range of initiatives that are set to make a significant impact on the Tezos ecosystem.
One of the projects receiving grant funding is Transak, a platform that is integrating Etherlink into its liquidity system to simplify the on-ramping process of tokens for Tezos chain partners. This integration will streamline user onboarding for decentralized applications (dapps) on the Tezos chain, making it easier for developers to integrate their applications and ultimately strengthen the Tezos ecosystem.
Another recipient of the grant is Subsquid, which offers a data lake solution that aggregates both on-chain and off-chain data. With Etherlink support now integrated into Subsquid’s decentralized data lake, developers will have access to all the on-chain data they need to build indexers and run their applications efficiently. This development provides a powerful toolset for scalable and efficient dapp development within the Tezos ecosystem.
3Route is another project that is revolutionizing transactions on the Tezos network as a cross-DEX on-chain aggregator. By offering liquidity from the most popular Tezos DEXes in one swap, 3Route ensures competitive prices and low slippage for users. The platform’s auto-routing feature further optimizes trades, reducing additional fees and enhancing the overall trading experience on the Tezos network.
Baking Bad, a project focused on building and scaling blockchain explorers, developer tools, and DeFi products, is also a grant recipient. Their projects include DipDup, a Python framework for creating dapp-specific smart contract indexers, PyTezos, a Python library for interacting with the Tezos blockchain, and Netezos, a cross-platform Tezos SDK for .NET developers. These tools enable developers to streamline their development process, test smart contracts, and interact seamlessly with the Tezos blockchain.
As the Tezos Foundation’s grant initiative continues, we can expect to see even more innovative projects and ideas come to fruition that push the boundaries of what’s possible within the Tezos ecosystem. Stay tuned for more updates on these groundbreaking developments from the Extreme Investor Network.