Dash has launched the Dash Ecosystem Fund (DEF) to enhance the adoption of its ecosystem. Announced on May 27, the DEF will manage and allocate funds to support real-world applications of Dash. The fund is overseen by community members from key DAO-funded organizations, including Dash Core Group and Dash Growth. Funding sources include community donations, DApp revenues, and external grants.
The DEF operates alongside Dash's existing decentralized treasury, which has been allocating 20% of block rewards since 2015. Smaller funding decisions are made internally, while larger allocations require DAO approval. Dash has also published donation addresses on the Dash, Ethereum, and Bitcoin blockchains to facilitate contributions to the DEF.
Dash Introduces Ecosystem Fund to Boost Application Development
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