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21 September 2021

$300M incentive program backs 100% rally in Harmony (ONE) price

$300M incentive program backs 100% rally in Harmony (ONE) price


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The surge in ONE price came after the project announced a new $300 million ecosystem fund aimed at attracting 10,000 developers and project founders to build on the protocol.

Aside from the development fund, Harmony price also benefited from the new partnerships and cross-chain integrations established over the past few months.

Other protocols that have launched similar initiatives recently include Terra, whose “Project Dawn”  launch allocates $150 million to help improve the Terra ecosystem and Algorand, which launched a $300 million Viridis DeFi fund aimed at maximizing the growth of the DeFi ecosystem on Algorand

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