Singapore October 24th 2024 – MEXC Ventures and MEXC are pleased to announce the $20 million Aptos Ecosystem Fund.
Aptos, a Layer-1 Blockchain platform is known for its performance infrastructure and dedication to Web3 adoption.
The Aptos Ecosystem Fund is designed to encourage the continuous development of Aptos’ ecosystem.
The fund will support hackathons and invest and incubator early stage projects. It will also provide assistance to the MOVE Developer Community.
This strategic commitment is reflected in Aptos’s scaling of its capabilities, and the company’s continued innovation and leadership within Web3. It reflects an agreed vision to enable developers to unleash new opportunities for decentralized apps and to a broader use of blockchain technology.
Tracy Jin, MEXC’s VP, said: “Aptos has created a developer-friendly environment with its high performance infrastructure, innovative technologies such as Block STM and seamless interoperability in the Move ecosystem.”
MEXC is committed to providing tangible value to its users, and we do this by focusing our efforts on innovative projects such as Aptos. The commitment to our community enhances the experience of those who live in it while also advancing blockchain technology.
MEXC is committed to aligning itself with blockchain-based initiatives.
MEXC’s actions are designed to reinforce its ecosystem, by providing users with meaningful benefits that will encourage the growth of this space.
MEXC Exchange unveils multimillion-dollar promotions
MEXC Exchange launches a number of campaigns to mark the event. These will run from October until January.
New and old users alike can participate in Aptos’ trading activity and earn a prize.
The campaigns offer many exciting incentives including no trading fees, stake rewards, trading competitions and “Learn to Earn” programs – creating many opportunities to engage the community.
MEXC Ventures announces investment in Aptos ecosystem project
MEXC Ventures, as the first initiative in this ecosystem fund has committed to invest in two promising Aptos projects:
Aries Market is the No.1 DeFi Platform in Aptos, by TVL. It has been leading since its launch as The First and Biggest Lending Protocol. Aries Markets offers a wide range of DeFi services, such as lending, borrowing and margin trading. Swapping is also available. Aries Markets’ wide range of products and services demonstrates its commitment to innovation, promoting widespread adoption in the decentralized financial sector.
Amnis Finance : the #1 liquid staking derivative protocol, and #2 DeFi protocol on Aptos by TVL. Amnis Finance has developed a user-friendly, secure and innovative liquid stake protocol. This allows users to maximize their returns while unlocking liquidity. The company aims to be a fundamental pillar of the Aptos Ecosystem, driving credit expansion via APT stake.
MEXC Ventures also sponsors the Aptos Code Collision. MEXC Ventures hopes to find unicorns in the Aptos eco-system and help builders by taking part in this hackathon.
MEXC Ventures (formerly MEXC Ventures) is an investment fund within MEXC that is dedicated to driving innovations in the crypto sector by investing in ecosystems L1/L2, strategic investments and M&A.
MEXC Ventures was the first advocate of the TON eco-system and a prominent investor by 2022. This enabled the ecosystem to grow significantly.
MEXC Ventures has supported early stage TON projects by investing and listing.
MEXC Ventures is committed to “Empowering growth through synergy” and will actively engage with MOVE Builders to grow the ecosystem.
As new information becomes available, this post MEXC & MEXC Ventures Establish $20M Fund for Aptos Ecosystem Expansion may change.
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