$1M Grant Given to DeFi Launchpad for Harmony Integration By CoinQuora

DeFi Launchpad Granted $1 Million for Harmony Integration

  • Poolz Finance has received a $1 million grant from the Harmony Network.
  • This grant will be used to help incubated start-ups integrating with harmony.
  • The collaboration between the two companies will continue and more projects will be announced.

Poolz Finance has received a $1 million grant from the Harmony Network. This grant aims to help incubated startups integrate harmony into their projects.

20 of Poolz’s most promising projects will each receive $50,000 in funding. However, only projects that comply with the Harmony Grant Guidelines are eligible for distribution.

Guy Oren, CEO of Poolz, expressed excitement about adding Harmony to the list of services.

The most successful Launchpads and Incubators offer dozens of services and discounts on portfolio projects, and we’re happy to add Harmony to the list (…) Our project took advantage of this grant. You can build your deployment in Harmony. As a very low cost EVM compatible platform, it’s perfect for attracting more users and driving project growth.

Meanwhile, co-founder and CMO Liam Cohen said he has been closely following since the establishment of the Harmony Network.

The Harmony Network has been under meticulous development since its inception and is a highly scalable, fast and secure network with a unique readiness to accommodate the next generation of DeFi protocols and dApps. Through this partnership with Harmony, we aim to work closely with the innovative projects built on this network. We believe that this mutual grant will move the project in the right direction and prepare it for future success.

Harmony is a 3rd generation blockchain network built for speed, interoperability, and scalability. It has full EVM compatibility and a natively integrated bridge. As a result, the network helps launch Solidity-based DApps that can’t afford to pay high prices on the mainnet.

Blockchain networks boast speed and subcentric rates that complement cross-chain integration. As a result, can choose harmonies while maintaining connectivity with liquidity established on Ethereum, Binance Smart Chain (BSC), and other EVM-based blockchains.

Poolz uses this network to accelerate the growth of incubated projects.

This grant will help fund the small integration work needed to adapt existing projects to harmony. In addition, set up a project for a successful IDO on the Poolz Finance platform.

Poolz and Harmony will continue to collaborate. In addition, new integrations will be announced shortly.

Read more on CoinQuora

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