Retro9000 from @avax marks a pivotal moment for builders in the Avalanche ecosystem.๐บ
With up to $40m in retroactive grants for Avalanche L1s, this initiative is set to fuel innovation and attract builders from all corners of DeFi.๐ฅ
As one of the longest running and most well-established protocols on Avalanche, BENQI built with @AvaLabs because of their dedication to providing critical resources to emerging teams. Retro9000 is the next evolution of this level of support, empowering developers to create new, groundbreaking decentralized applications that push the limits of what's possible in DeFi.๐ฅ
At BENQI, we believe this program will accelerate the growth of liquidity, enhance composability between protocols, and foster a vibrant community of developers focused on pushing DeFi forward. With greater support for experimentation and development, the Avalanche ecosystem will see an influx of unique projects, leading to more diverse financial products and improved user experiences.
The networkโs commitment to innovation and sustainability has never been clearer, and Retro9000 will be a powerful catalyst for long-term growth, benefiting builders, users, and the entire $AVAX community.
This initiative strengthens our mission at BENQI to continue expanding our liquid staking and lending services with greater security, scalability, and integration, driving the next wave of DeFi adoption.