Introducing the Flow Tokenomics Accelerator Program
Denarii Labs is excited to support Flow with a program designed to help early and emerging projects build on top of Flow! Denarii will be supporting them in the design of feasible, sustainable, and innovative tokenomics models. The partnership builds off of the newest upgrade to Flow, Crescendo, which went live on August 14th, 2024. Crescendo adds full EVM equivalence, ensuring seamless interoperability with Ethereum, but eliminates any obstacles against developers using Solidity. It means smart contracts and protocols built for Ethereum would work on Flow without a single change.
With the latest upgrade, Flow simplifies the complexity of making Cadence smart contracts ERC-20 compliant so that they run seamlessly with the existing Ethereum-based tokens. Crescendo always considers backward compatibility; hence, any smart contracts developed today will work with future versions of Flow.
Flow now puts developers in a better place to create consumer-ready applications that merge the best of Ethereum’s infrastructure with the usability of Flow.
Denarii Lab’s Contribution
Denarii Labs is incredibly excited to support these new capabilities by creating a Flow Tokenomics Accelerator program. The program has been specifically designed to help and mentor early and emerging projects building on top of Flow with the intention of supporting in designing strategic tokenomics models for a successful token launch. Denarii Labs will be able to help projects in optimizing their economic models toward long-term viability and growth in the Flow ecosystem by equipping them with the required resources, expertise, and strategic guidance with our expert mentors from GSR, Insomnia Labs, Fenwick and Unit Zero.
With this accelerator, Denarii Labs aims to foster a strong dApps network that will tap into the advanced infrastructure behind Flow. It will build token models enabled by the scalability, usability and interoperability Flow enables.
In partnership with Flow, Denarii Labs is leading the charge in empowering developers, fostering a rich ecosystem where innovation can truly take center stage. Denarii is committed to making sure the next generation of web3 consumer experiences is both scalable and sustainable. This partnership is a huge stride toward the evolution of decentralized technology and will present the industry with new opportunities for growth and collaboration like never before.
