Ethereum Competitor Launches $300,000,000 DeFi Fund to Fuel Crypto Adoption

An Ethereum competitor is launching a $300 million fund to support decentralized finance (DeFi) innovation on its network. Blockchain company Algorand Foundation is putting 150 million ALGO, worth $309 million at time of writing, into the Viridis DeFi Program in an effort to fuel the growth of development on its platform. Sean Lee, chief executive […] The post Ethereum Competitor Launches $300,000,000 DeFi Fund to Fuel Crypto Adoption appeared first on The Daily Hodl.