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If you aren’t paying attention to crypto incentive programs, you’re missing out on a golden opportunity

Scott Debevic
7 min readNov 5, 2021

If you have the time and willingness to learn and interact with new decentralized finance platforms, there are large gains to be made. There’s a good chance that you have heard about incentive programs emerging from smart contract platforms.

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If you haven’t, here’s the lowdown. Newer smart contract platforms (SCPs) have launched cheaper and easier-to-use ecosystems than Ethereum. However, these platforms need decentralized applications (dapps) to attract investors.

To foster growth in their dapp ecosystem, these SCPs need to attract developers. Enter incentive programs. Incentive programs offer monetary benefits for developing decentralized applications on their smart contract platform. These incentives can be passed along to investors like you and me!

Check out some of these headlines from the past 6 months:

-Polygon Launches $150M Fund to Bring DeFi to the Masses
-Avalanche launches $180 million DeFi incentive scheme with Aave and Curve
-Announcing 370m FTM incentive program
-Binance Dedicates Another $1B to Smart Chain Project
-Algorand Foundation Launches $300 Million USD Fund to Support DeFi Innovation
-5 New Funds Bring $100M to Boost Growth of the Solana Ecosystem
-Enjin Announces $100M

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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