alphagrowth launches Cardano PRIME program: aims to boost TVL growth by over $200 million within 12 months
Foresight News reports that the DeFi growth institution alphagrowth has launched the PRIME program. Over 12 months, the PRIME program aims to help Cardano attract liquidity and achieve real-world usage through protocol preparation, incentive mechanisms, and market expansion. The program sets clear targets: starting from the current TVL baseline of approximately 90 million USD, it aims for a net TVL increase of over 200 million USD within 12 months (targeting around 290 million USD), while also driving organic APR and fee revenue growth. The first four months will be dedicated to auditing the current status and gap analysis, while months 5 to 12 will focus on milestone incentives and capital deployment.
The total budget request for PRIME is 120 million ADA (approximately 19.2 million USD), funded by the Cardano treasury. alphagrowth will take a fixed fee of 11 million ADA and a performance fee of up to 29 million ADA (decreasing based on TVL growth milestones). The project includes an independent 5-person voting group to oversee operations and is open to community feedback.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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