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Endowment funds are defined as investment funds established for the purpose of supporting a charitable foundation or non-profit organisation.
When to use
- For non-profit projects - get a source of funding to support their performance and development
- For public value projects - get an additional source of funding and remuneration for their work
- For validators - supporting the deed and creating real help for projects without spending your liquidity
- Investors can farm tokens of the projects that they believe in without risks by simply staking L1 native tokens
This will help important projects that are not created to generate profits - to receive the necessary funding for the development and implementation of innovations.
How to use
For projects:
- Connect your wallet
- Submit a project
- Once approved, the platform will create a validator node
- Users will be able to support your projects with Staking
For users:
- Connect your wallet
- Chose the project that you want to support.
- Farm tokens of the projects that you believe in by staking L1 native tokens.
What you get
Projects can receive the financial support they need for their existence and development
Users can support various projects without risks to their own liquidity
