Thrive Protocol Launches Onchain Funding Program To Award 3M OP to Base Builders
The program targets projects that can drive significant transaction volume on Base, including trading interfaces like DeFi applications and Telegram trading bots. The initiative will distribute 750,000 OP (Optimism) tokens quarterly to top-performing projects based on verified volume metrics. Applications open July 24th.
'We're excited to run this 3M OP program to reward the Base ecosystem',' said Daniel Jacobs, CEO of Thrive Protocol. 'We're building the GDP Layer that transforms how crypto allocates capital, and this program moves us closer to the new era where onchain funding only goes to real value creation.'
Program Structure:
The program aims to support projects that can drive significant transaction volume on Base, including established teams with trading infrastructure ready to expand Base support and DeFi protocols capable of generating substantial transaction activity.
Project applicants will be evaluated through Thrive's merit-based assessment process, with selection criteria including team track record, evidence of project viability, strategic fit with Base ecosystem needs, and ability to generate measurable transaction volume.
Selected projects will be evaluated quarterly based on verified transaction volume metrics, with rewards distributed proportionally to top performers. The competitive structure helps ensure only projects delivering genuine user adoption and trading activity receive funding.
Applications open through Thrive Protocol's platform at base.thrive.xyz with the first volume tracking period starting August 7th. Selected projects will compete for quarterly distributions based on measurable transaction volume generation on Base. The program is subject to applicable terms and conditions.
About Thrive Protocol Thrive Protocol is crypto's GDP Layer, connecting ecosystem capital directly to measurable project outcomes. Thrive partners with top crypto ecosystems like Polygon, Arbitrum, Hedera and Apecoin to efficiently allocate treasury funds in a merit-based and results driven milestone process. By eliminating traditional grant inefficiencies, Thrive transforms how the crypto industry allocates capital toward genuine value creation.
Program Information: Applications and details available at base.thrive.xyz
Media Contact:
Zach Warsavage
Thrive Protocol
[email protected]
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