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TechFlow News — The Algorand Foundation has announced the launch of the Viridis DeFi Fund, allocating 150 million ALGO tokens—currently valued at over $300 million—to promote the development of DeFi applications on the Algorand blockchain. The foundation stated it will first roll out a $5 million "Oracle SupaGrant" to solicit proposals for integrating oracle networks and related price feeds, followed by another $5 million "Bridge SupaGrant."
The Algorand Foundation announced the launch of the Viridis DeFi Fund, comprising 150 million ALGO tokens currently valued at over $300 million, to promote the development of DeFi applications on the Algorand blockchain.
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