DeFily crosses chain to Harmony

DeFily

[DeFily: https://defily.io/]

Application type

[Partnership, Product Launch, Investment]

Proposal overview

[DeFily is a DeFi Ecosystems platform, serving all kind of DeFi for our investors
Currently DeFily operates both on KardiaChain and BSC. Our products includes: * Yield Farming, MiniFarm, IFO, IDO, Smart Vaults, Pool Aggregator, Swap (Swap, Liquidity, Zap, Pipe), NFT Collections. Special: DragonWar https://dragonwars.game/ which currently a big viral in SEA crypto communities. Current stage is training and breeding, on-going developing game play

DFL Token:

  • Total supply 1,000,000,000
  • KardiaChain: 210M
  • BSC: 200M

TVL:
KardiaChain: used to be 20M on but we distributed 3/4 way and dropped to 4M
BSC: ~ $600,000
Holders: 5,000 (KAI) 700 (BSC)
Has successfully IDO (3 projects) IFO(2 projects)

Team

[Originally https://www.tblabs.org/, an Blockchain outsourcing from since 2016]

Proposal ask

[We would like to ask for 1,6M]

Justification

[$50,000 (product launch), $1,55M investment with exchange of 100M DFL + develop bridge to convert KAI users and Play2Earn DragonWars]

Metrics for success

[5,000 users on ONE + min 2,000 game users on KAI]

External links

@drakest – Thanks for this submission!

Ideally, this would be broken up by type of grant you are looking for.

As you know from /300, we have 7 different grant categories and each category has it’s own funding guidelines.

For simplicity sake - I will take the “Launch” request in this proposal and then I encourage you to submit another proposal to match the requirements of the investment category.

  1. 500 Launches ($20M). Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit. We recommend a $50K equity-free contribution each: $10K after launching a feature-complete product on our testnet, $10K after mainnet launch, $10K after forming a DAO with its community, and $20K for after 10K users.

As you can see, the Launch grant is fairly straight forward. From looking at your website, it looks like you have met the initial requirement of having a feature-full product available.

Based on this - we approve you for a $50K grant payable based on the following milestones: $10K after testnet launch, $10K after mainnet launch, $10K upon DAO formation and $20K upon 10K users.

You can find further details around how this will work on /apply. Additional Funding FAQ answers can be found here.

Please let me know if you have any questions and Congratulations!

Sam Harrison
Harmony | Ecosystem Growth

Many thanks ! We will go ahead with this and submit another proposal soon !

Thanks

Hi @Sam ,
We finished these 2 stages:

  • $10K after launching a feature-complete product on our testnet,
  • $10K after mainnet launch
    We submitted KYC and our multisign wallet. How can we receive this 20k?

FYI we are about to deploy DAO soon

1 Like

These are 2 links:

When will we receive fund ! We wanna run more pool to attract users

Regards,