TechFlow news, April 29 — TRON has disclosed the allocation details of its ecosystem fund exceeding $1.1 billion, initially announced in November 2021. The fund has allocated $24.899 million in liquidity mining rewards to Sun V2.0 and JustLend, with an additional $150 million set to be distributed to protocols competing with these projects. Of the remaining funds, $600 million will be dedicated to DeFi projects on the TRON network. Additionally, TRON has launched the TRON Grand Hackathon, having already allocated $500,000 to its first season and planning to allocate $1 million to the second season.
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