zkLink announced the results of the first phase of its ecosystem funding program, allocating a total of 10 million ZKL to 16 projects

PANews reported on July 24th that according to official news, zkLink, a zero-knowledge Layer3 infrastructure provider, has announced the results of its first round of ecosystem funding program. A total of 16 projects have received funding. The total amount of grants for the zkLink ecosystem funding program is 20 million ZKLs, and in the first phase, a total of 10 million ZKLs were allocated to beneficiaries. This batch of grant recipients come from various vertical fields in DeFi such as asset management, order books, voting, AMM, RPCs and oracles.

These 16 projects are: Solv Protocol - Web3 liquidity infrastructure; Snapshot - off-chain voting platform; NovaSwap - an AMM decentralized exchange based on multi-chain asset aggregation on zkLink Nova; POKT Network - general RPC infrastructure layer; RedStone – modular oracle for DeFi; Holdstation – smart contract wallet for futures trading; LayerBank – universal permissionless on-chain bank; Izumi Finance – multi-chain DeFi protocol; OKU Trade – DeFi trading platform ; AGX- native multichain perpetual decentralized exchange supported by LST LRT assets built on zkLink Nova ; Sturdy- isolated lending protocol with shared liquidity ; Steer Protocol- multichain computation protocol ; Allspark- full chain liquidity protocol for native yield decentralized derivatives exchanges ; Protofire-blockchain solution driving TVL and usage growth ; SphereX-onchain security solution for Web3 applications ; Chainnode-low latency blockchain node provided for Web3 developers.