XRPL Grants Wave 7 Arrives, Calls Projects With DEX and DeFi Focus

  • XRPL Grants Wave 7 invites innovators to shape XRP Ledger’s future.
  • There is a heavy call to welcome new projects with a DEX and DeFi focus. 
  • XRPL’s hopes to elevate projects that can boost financial inclusion on its network.

XRPL Grants Wave 7 is live, inviting innovators to shape the XRP Ledger’s future. This round emphasizes decentralized exchanges (DEX) and financial inclusion. Applications open from August 31 to September 28, 2023.

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As we can see from the post above, XRPL’s Wave 7 has caught the attention of the crypto and blockchain community. IIn fact, according to the responses on the tweet, many are delighted to see new projects that make the cut.

Specifically, the next wave will usher in more projects aimed at building innovative XRPL DEXs for efficient, transparent trading. It will also focus on elevating financial Inclusion by welcoming projects that create DeFi solutions to expand access to financial services.

Accordingly, the XRPL Grants offer robust support for builders, encouraging them to utilize the XRPL’s strong foundation for decentralized finance innovation. This is a great opportunity for projects to be part of XRPL’s transformative journey.

No doubt, XRPL boasts scalability, transaction speed, and trustlines, making it ideal for pioneering ideas in DEX and projects working to boost financial inclusion. Applications for the grant are currently underway.

In detail, projects looking forward to hearing back must keep an eye out for the following dates. Firstly, October 2023, when initial screenings will take place. Following this, Nov 2023 when the XRPL Grants Judging Committee will run a deep review and announce and conduct finalist interviews. Finally, between December 2023 to January 2024, they will reveal the awardees.

For the present month of September, interested parties can join live sessions. To specify, the financial inclusion panel will take place on September 5, 1 PM PT. Meanwhile, the DEX panel will take place on September 8, 8 AM PT.

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