ForTube reported on Wednesday June 16, through its Twitter account, that it has obtained a grant from Solana. In their view, they will help develop the SOLANA ecosystem and work with other partner projects to provide users with security, increased revenue and more ways to capture valuable opportunities.
“In order to promote the growth of its ecosystem, Solana launched a grant project that covers areas such as NFT, DeFi and Web3. More specifically, it hopes to promote specific areas such as loan platforms, DEX aggregators, synthetic assets and oracles”, he said through an article published on the Medium platform.
The company emphasized its commitment to providing decentralized loan services for crypto enthusiasts around the world. Its products currently cover the ETH, BSC and OEC chains, and the total locked value (TVL) recently peaked at more than $400 million. With its outstanding security protocols, technical expertise, and large user base, ForTube successfully earned a Solana Scholarship.
According to the company, the Solana Grant will not only provide financial incentives and technical guidance for the ForTube team but will also provide massive resources and comprehensive support in the areas of liquidity, fees, mining, and loans. ForTube will help develop the Solana ecosystem and work with other partner projects to provide users with security, increased revenue, and more ways to capture valuable opportunities.
Similarly, he stressed that such a partnership also means that ForTube has taken another solid step towards the goal of building a comprehensive portfolio of services. “Solana is a Tier 1 proof-of-stake network dedicated to improving the scalability of public chains while ensuring decentralization and security. Solana currently has around 600 global nodes, with a total transaction volume of almost 1.6 billion and more than 100 ecosystem partners”, he added.