In February 2022, Shade Protocol announced Shade Grants alongside raising $5 million in private funding. The core Shade Protocol team oversees Shade Grants. All grants are designated in $SHD to support:
- 1.Growth initiatives for Silk adoption
- 2.Shade Protocol integrations
- 3.Community initiatives
- 4.User Tooling
All Shade Grants aim to improve core metrics of the Shade Protocol: revenue, TVL, accessibility, and availability. Applications are open to Secret Network developers and community members through the Shade Grants Github page.