The protocol looks to support new Binance Smart Chain projects with the latest initiative, which has taken full swing with the addition of Doge Warrior.
BabySwap Launch Grants Program
BabySwap has launched a new grants program for new projects in the Decentralized Finance (DeFi) market.
BabySwap announced the big news on Twitter on 17th August, calling on new projects to apply and benefit from its incentivized grants program. The decentralized exchange (DEX) later registered its first recipient as Doge Warrior, a gaming protocol with non-fungible token (NFT) integration.
“This is a CALL-UP for all projects!
A new project to market?
Need help with funds and marketing?
Farm rewards are reduced or removed on PancakeSwap…?
There is a spot for you on BabySwap! Let’s BUIDL and EARN with BabySwap together! #BSC,” BabySwap tweeted.
The program was created for new projects that need help with funds and marketing. BabySwap has called on project teams to apply for its grants program and benefit from its lucrative deal.
Doge Warrior Recieves First Grant
Moments after launching the Grants program, BabySwap announced its first project on Twitter the same day. In addition, the AMM+NFT protocol stated that more projects would be added in the future.
Doge Warrior also expressed delight after becoming the first project to participate in the Grants program. The gaming protocol took to Twitter on 17th August to boast of the partnership, emphasizing becoming the first Grants program project.
Doge Warrior announced on Twitter: “We promised, and we delivered!
Our mystery collaboration with @babyswap_bsc unveiled!
We are very proud to announce that we will be the FIRST recipients of the BabySwap grant programme. This means marketing funds, connections, and all the rest!!”
As seen in the Tweet, Doge Warrior will become the first project to receive marketing funds, connections, and many more incentives thanks to the Grants program powered by BabySwap.
This shows that BabySwap supports promising projects in the Binance Smart Chain (BSC) ecosystem.
What is the BabySwap Grants Program?
Of course, you already have an insight into what the program entails, but for more clarity, the BabySwap Grants program was created with the core motive of building the BSC ecosystem.
Over the past few months, BabySwap has connected with several wallets, data websites, projects, and more, according to its August 17th Medium post. The DEX is looking to leverage these connections to support upcoming projects in the BSC space.
The program is open to all BSC projects. Projects without funds and marketing support, already launched projects with little or no idea of how the DeFi market works, and projects looking to partner with BabySwap can apply for the lucrative program.
“No matter which stage you are in right now, there will always be a spot for you on BabySwap,” a sentence from its Medium post clarified what projects could apply.
BabySwap will offer funding support ranging from $5000 to $20,000 for the development of selected projects. For more details on the application, benefits, etc., read BabySwap’s Medium post.
About BabySwap
BabySwap is an AMM+NFT DEX for newborn projects on the Binance Smart Chain. The protocol offers many unique features such as trade mining, USDT Route, newly added Grants for project development, and an NFT ecosystem.
In essence, BabySwap is a DEX that provides a more friendly trading experience and better support for upcoming projects in the BSC space.
Source : bsc.news
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