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Cryptocurrency News Articles

Etherlink Launches $3M Apple Farm Incentive Program to Reward DeFi Builders and Users

Feb 25, 2025 at 09:00 pm

Etherlink, a layer-2 blockchain powered by Tezos' tech, successfully completed its public beta and is now officially production-ready. During ETHDenver 2025, its team shared the details of a massive incentive program and rewards scheme with $3 million up for grabs.

Etherlink Launches $3M Apple Farm Incentive Program to Reward DeFi Builders and Users

Etherlink, a layer-2 blockchain powered by Tezos' technology, has announced the successful completion of its public beta and is now production-ready. During ETHDenver 2025, the Etherlink team shared the details of a massive incentive program and rewards scheme with $3 million up for grabs.

Announcing Etherlink's Apple Farm Program with up to $3M in rewards 🍎🧑‍🌾, kicking off next month. Designed to make DeFi on Etherlink more rewarding - join the waitlist today at https://t.co/000000000…

Etherlink, the first-ever mainstream layer-2 blockchain built on Tezos' tech, is launching a dedicated builder’s program, designed to attract developers to build on the chain, and a rewards program called Apple Farm that will see up to $3 million of rewards distributed to participants in its first season.

The waitlists for the Etherlink Builder’s Program and Apple Farm opened on February 21st, and the unveiling of these initiatives comes during a period of significant activity for the Etherlink ecosystem, including the rapid deployment of a number of RWA (real-world asset) and DeFi (decentralized finance)-focused apps.

Cédric Roche, Head of BD at Nomadic Labs, a Tezos R&D Hub in Paris, invites all developers to take part in Etherlink's Apple Farm and developer program:

The launch of Apple Farm and the reveal of a dedicated builder’s program for Etherlink mark a natural progression in Etherlink's growth story, but, most excitingly, this is just the start. With the recent launch of key platforms like uranium.io, and Superlend partnership, we're creating a a robust foundation for sustained ecosystem growth that we're set to super-charge with these and other upcoming initiatives.

Apple Farm is an incentive platform designed to reward people for exploring the Etherlink ecosystem. With engagement features and a robust points system designed to incentivize meaningful on-chain actions, the program will initially focus on introducing users to DeFi applications.

Apple Farm introduces an innovative points-based system, where users earn "Apples" for participating in various DeFi activities.

Etherlink activates Bifröst upgrade: What changes?

The Etherlink Builder’s Program, on the other hand, is expected to introduce the blockchain and its opportunities to a new generation of developers in the Web3 segment.

Today’s announcements come amid strong ecosystem momentum for Etherlink, including the successful recent implementation of the Bifröst upgrade, the launch of a dedicated “.etherlink” domain powered by Freename and integrations from DeFi leaders such as Spiko and Midas.

Etherlink’s infrastructure credentials are already well established; it serves as the backbone of the first decentralized platform for tokenized uranium trading uranium.io, has hosted multiple sold-out NFT collections and is integrated with major platforms, including Rabby Wallet and Nebula by Thirdweb.

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Other articles published on Feb 26, 2025