Odaily Planet Daily reports that the Movement Foundation officially announced the launch of the DeFi Spring program today. The program will last for one year and will provide up to 250 million $MOVE tokens as incentives.
The DeFi Spring program is divided into two parts: The first part is liquidity incentives based on $Move, where users can earn rewards by trading or providing liquidity in Dapps such as Arche Protocol, Canopy, Echelon, Joule Finance, LayerBank, Meridian, mirage protocol, Mosaic, Movedrome, MovePosition, PicWe, Pontem Lumio, Route-X, YUZU, etc. This part of the incentives is already live; the second part is the re-deposit incentive for Cornucopia assets. The re-deposit window will open in the coming days after the Cornucopia assets are unlocked.