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alphagrowth launches the Cardano PRIME program: aiming to increase TVL by over $200 million within 12 months

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ME News Report, June 23 (UTC+8), DeFi growth organization alphagrowth launches the PRIME program. The PRIME program aims to attract liquidity to Cardano and achieve real-world usage within 12 months through protocol preparation, incentive mechanisms, and market expansion. The program sets clear goals: starting from the current approximately $90 million TVL baseline, achieve a net TVL growth of over $200 million within 12 months (target approximately $290 million), and promote organic APR and fee revenue growth. The first 4 months will conduct status audits and gap analysis, while months 5 to 12 will focus on milestone incentives and capital deployment. PRIME's total budget request is 120 million ADA (about $19.2 million), funded by the Cardano treasury. alphagrowth will charge a fixed fee of 11 million ADA and a performance fee of up to 29 million ADA (decreasing according to TVL growth tiers). The project has an independent 5-person voting team for supervision and is open to community feedback. (Source: Foresight News)
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