Aurora launches $90 million fund for DeFi developers on NEAR Protocol

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NEAR-based blockchain tier Aurora has launched a $90 million fund to accelerate the development of decentralized finance (DeFi) applications.
The fund was created in collaboration with DeFi protocol provider Proximity Labs.
Aurora Labs gave Proximity Labs 25 million Aurora tokens (about $90 million).
Proximity will manage the tokens and provide grants to developers interested in building DeFi-applications on Aurora.

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