According to TechFlow, on July 24, zkLink, a zero-knowledge Layer3 infrastructure provider, announced the results of the first phase of its ecosystem funding program, allocating 10 million ZKL to 16 projects. The funded projects cover all areas of DeFi, including asset management, order books, voting, AMM, RPC, and oracles. The second phase of the zkLink ecosystem funding program will begin on July 24, 2024 and end on September 30, 2024.

The 16 funded projects include: Web3 liquidity infrastructure Solv Protocol, off-chain voting platform Snapshot, decentralized exchange NovaSwap based on multi-chain asset aggregation, general RPC infrastructure layer POKT Network, modular oracle RedStone, smart contract wallet Holdstation for futures trading, permissionless on-chain bank LayerBank, multi-chain DeFi protocol Izumi Finance, DeFi trading platform OKU Trade, AGX built on zkLink Nova, isolated lending protocol Sturdy, multi-chain computing protocol Steer Protocol, decentralized derivatives exchange Allspark, blockchain solution Protofire, on-chain security solution SphereX, and low-latency blockchain node Chainnode.