What the grant for DeFi projects, such as DEX, will depend on

[DeFiTON]

After all, I am sure that several experienced teams are working on projects for TON that can make a good product, write excellent SC, but at the same time they will not have liquidity and volumes on the exchange. And also if there is a minimum of liquidity in TON itself, some projects with tokens that will be traded on the DEX, what to do in this case.

Now I see such a problem, there are many projects / teams / developers who are ready to create projects, develop products. But long-term consideration in the grant and investment program significantly slows down the process.

We also have developers who are working on other businesses, and objectively, we would have already accelerated many times over if support was carried out faster. After all, time is money. And it is spent not only on development, creation, search for vulnerabilities, but also on marketing.

Perhaps it would make sense to do a little early (minimal) support to speed up development at an early stage. What do you think?

[tonkongz]

Hi @DeFiTON thank you for the comment. We are constantly receiving feedback from TON Society and community members and builders. In response to the comment about liquidity, we ask that individual teams creating DEXs (and the pools therein) to do their best in attracting TON holders to the pool. This involves a lot of community mobilizationa and we believe that teams who have established reputation with the community will be the ones that prevail in attracting token holders to the pool. For any initial kickstart (to avoid any extreme slippage), we can consider a short-term loan until sufficient liquidity has been achieved.

As for long-term consideration in the grant program, as long as teams submit a milestone-based proposal (with open-source considerations), we can move fast with the application. As for investments, we will ensure that our ecosystem fund partners are nudged for the quality projects that come out of the TON ecosystem.