BadgerDAO launches a $250,000 community grant program to support the development of BTC in the DeFi space.

ChainCatcher news, BadgerDAO announced yesterday the launch of the Badger Grant Program supported by Gitcoin, with a prize pool of $250,000, aimed at supporting community-driven growth of Bitcoin in the DeFi space.

The main objectives of the program include: supporting projects that enhance the eBTC protocol ecosystem, discovering new ideas and talents that can add value to the DAO, and encouraging innovations that bring Bitcoin into DeFi.

Applicant projects should focus on at least one of the following areas: enhancing BADGER utility, improving Bitcoin integration in DeFi, Bitcoin L2, rollups or mining innovations, and developing or creating parallel products based on the eBTC protocol.

Application requirements include: proposals must have a clear and achievable roadmap, open to community feedback, request amounts between $1,000 and $100,000, and agree to a milestone-based payment method. Applicants must post their proposals on the Badger DAO governance forum, which will be reviewed by the Treasury Council before submission to the Gitcoin Grants Stack team.