DeFi.Org Accelerator Program Powering Blockchain Innovation Across Polygon and Orbs

FinanceFeeds Editorial Team

A powerful trifecta of renowned blockchain brands have teamed up to launch a new accelerator program that set out with the objective to discover and support some of the most innovative DeFi apps in the industry today. 

The accelerator supports projects that build upon the tenets of community ownership, fair distribution, sustainable economics, innovation, and interoperability across protocols. It is collaborating with Polygon, a development platform for the pursuit and advancement towards Web3, and Orbs, a POS public Layer 3 blockchain that brings an extra layer of sophistication to EVM smart contracts.

Polygon and Orbs perfectly complement each other as a Layer-2 and Layer-3 architecture with Polygon focusing on cross chain interoperability, while offering developers scalable competitively priced and secure development of blockchain products and Orbs adding another depth to Layer 2 and Layer 1 based apps.

The 100 entrants to the accelerator program are those that are building on the Polygon ecosystem, with special consideration to those participants using Orbs’ Layer-3 infrastructure.  maximize the potentiality and usability of their products to bring superior liquidity, speed, and sophisticated operability to their dApps. From these applicants, four were picked after rigorous interviewing processes, followed by product reviews and deep due diligence. All entrants boasted products at different stages of development.

Participants will benefit from mentorship, funding opportunities, and market exposure to the communities at Polygon, Orbs and 

The program winners

The winners, picked by DeFi.Org, are Ithil, an undercollateralized leverage investment protocol providing risk-diversified strategies, Prophet, a marketplace for automated DeFi investment strategies, which is secure and non-custodial, CURL, a synthetic liquidity protocol that combines Layer-1 assets and transitions them into Layer-2 assets for use across networks and reBaked , which is crowdbuilding Web3 DAO products.

Read this next

Digital Assets

Midas launches investment strategies for the ‘crypto winter’

Midas.Investments has released three new investment strategies on its custodial CeDeFi platform, creating new opportunities during the ‘crypto winter’.   The platform merges diverse approaches to digital asset management into single-click products to let investors gain steady profits in any market conditions — including the ongoing bear market. a custodial CeDeFi platform, CeDeFi: Unlocking the […]

Digital Assets Wallet adds several ERC-20 tokens

The product expansion includes representatives of the DeFi world, the Metaverse, and the largest stablecoins.

Market News

Savvy Investors to Profit Whether the Stock Market Rebounds or Not

Equities have gone up enormously since the low. SP500 has gained 13.88% since June 17. In August, the indices drifted sideways. On Wall Street, veteran investors expect a move in either direction.

Industry News

Wall Street-backed MEMX obtains SEC approval for options trading platform

The company has raised more than $135 million in funding from 18 stock trading and investing heavyweights, including BlackRock, Citadel Securities, and Morgan Stanley.

Industry News

Amundi US launches ESG strategy that seeks to outperform S&P 500

Amundi’s Responsible investing team includes more than 45 specialists, and its ESG analysis covers more than 13,500 issuers across debt and equity.

Industry News

Verto launches embedded FX payments solution

The Verto API automates currency conversions, tracks payments and exchange rates in real-time, and is being launched in the follow-up of a $10 million in Series A funding last year.

Industry News

SEC awards over $16m to whistleblowers after another successful enforcement action

The program is 10 years-old and has arguably played a critical role in the Division of Enforcement’s ability to effectively detect wrongdoing, protect investors and the marketplace, and bring violators to justice.

Digital Assets

Ripple submits most succint explanation of Hinman issue in XRP lawsuit

It might be useful to get up to date as this could be the end of the road for the SEC.

Retail FX

TradingView integrates first Brazilian broker, Órama Investimentos

Órama offers all kinds of investment products, from fixed income to crypto-related funds.