Announcements, News

Announcing the teams selected for the Proof-of-Contribution Pilot round!

Here’s an exciting announcement on our new Proof-of-Contribution (PoC) program! The Klaytn Foundation has selected crypto projects to help give back to users, who are essential to making the Klaytn ecosystem grow every day.

For our PoC Pilot round, we received an overwhelming response. Many teams have submitted brilliant projects, but it’s impossible to select all! So we have evaluated the projects based on the following four categories:

  1. Potential impact to the Klaytn ecosystem
  2. Creativity
  3. UI/UX
  4. Transparency and security of the protocol

After evaluating, we have selected a total of two projects to participate in the Pilot round. Congratulations to both!

#1 Kokoa Finance

Kokoa Finance is a decentralized protocol for issuing a collateralized stablecoin.

#2 Klaybank

Klaybank is a decentralized protocol for lending and borrowing, and bonding.

Projects with high potential but not selected this time can look forward to participating in the next Official round! DApp teams will also soon announce the specific reward process for users through their channels.

Find out more about the Poc program here!


If you have further questions, please reach out to us at contact@klaytn.foundation.