🏡How to get your first 🧱grants in order to build your🏠||
First brick grants program is a initiative by weu foundation in order to build sub-protocols/ entropy on top of lineage.
Application goes through various rounds and reviews from different committee or teams in the foundation. In order to end up in the final stage of minting their own grant pool by Specified lineage/protocol.
In order to apply for the grant. TEAM can apply from this form link.........
Review and verification will take 2 months of time . In order to forward the application from the council members and the grantmaker . Grantmaker will be differ based on which area your building upon.
Accept or deny. Once we review your proposal, we will get in touch with you about the status.
Once application will be accepted based on how much grant you applied for . Council members will sign a transaction quoting to the particular GENERATION DEVELOPMENT VAULT of the LINEAGE. Amount transferred to the GDV will be in USD denoting stablecoins.
TEAM can mint their ID on weu foundation. In order to initiate minting of INT tokens and burning INT for USD from GDV.
Once the amount will be transferred to the particular GDV, core team has to initiate a minting pool with the same amount of money transferred from the Foundation Treasury and apply 50 TIMECHAIN functions to the minting pool.
TEAMS can mint certain INT tokens every TIMECHAIN in order to cover expenses for development.
Last updated