Projects who qualify will also get a liquidity injection and will be featured on various platforms during their launch.
In a new development for the decentralized finance space, Ethereum scaling platform Polygon has partnered with layer-3 project Orbs to launch a program that supports DeFi builders through the DeFi accelerator platform DeFi.org.
In an announcement, Polygon and DeFi.org noted that the program will provide funding opportunities, mentorship and market exposure to chosen projects. Building on Polygon is mandatory for participants in the DeFi.org accelerator round. On the other hand, those using Orbs’ infrastructure will be given special consideration.
As Polygon focuses on scaling Ethereum, Orbs claims to be capable of providing benefits such as the enhancement of smart contracts through its infrastructure. With this, the accelerator program will focus on developing projects that incorporate Polygon’s layer-2 solutions and Orbs’ layer-3 infrastructure.
Apart from the benefits mentioned above, the program will also provide promising projects with a “liquidity injection” and a feature on various platforms during the launch, including the DeFi.org website.to support the research and development of open-source projects within the DeFi industry, marking the Orbs project’s transition to decentralized finance.
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