Wault Finance announces a project to help fund tokens that choose to launch on WSwap with a 1 Million USD Grant.
A $1M Funding Opportunity
On May 26th, Wault Finance announced their plans to host a $1 million dollar USD grant in a program they’ve called, The Moon Fuel Program. The grant offered by Wault Finance has one goal in mind, and that’s to bootstrap the token they’re partnering with. How this goal is achieved is quite interesting. WSwap understands well that new investors look for a pumping price in a token that will return them lots of money.
WSwap plans to achieve this pumping price by buybacks and burns. This is achieved by WSwap foregoing 100% of trading fees, and then using that for the buyback and burn of the token for the first 72 hours. This will mean that tens of thousands of dollars will be revinested into the project, driving value to the project
Additional Benefits of the Grant
What’s really exciting about this project is that everyone and anyone can apply. From massive well funded startups to tiny projects, the grant is open to any interested team. What’s really special about this program, is Wault Finance will allocate a portion of the grant to go towards:
A professional audit
A WFarm reward pool that receives bonus WEX
Not only that, but the winner of the grant will be featured on WaultSwap’s LaunchPad, a feature of Wault Finance where projects have historically raised money for their hardcaps incredibly quickly and are then followed up with successful listings.
But wait, there’s more. Winners will also have the opportunity to be accepted into the WPool program. If accepted in the WPool program, winners will receive a reward pool for their token pair, as well as a featured WPool to bring in new users. This would be a powerful marketing opportunity to grow a startup tokens user base. At the time of writing, WaultSwap is trading at $0.046.
The new grant offered by WSwap is quite interesting. The platform truly aims to bring further value to start up tokens that are partnering with Wault Finance. It’s a great idea and could really help projects get up off the ground. The grant also shows as a good sign for investors of the Wault Swap platform, as bringing on new projects and growing them from within the Wault Swap platform is a powerful way to bring about mutual growth. For whoever is interested in the grant, click here to apply!
Source : bsc.news
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