Avalanche Foundation Launches Icebreaker Program with 500,000 AVAX Grants in First Phase

The Avalanche Foundation has announced the launch of its Icebreaker Program, which aims to enhance the growth and resilience of the ecosystem by expanding Avalanche's on-chain activities, with goals that include: empowering new projects, increasing market stability, diversification, and active ecosystem engagement. In the first phase, the Avalanche Foundation will focus on liquidity pledge tokens (LSTs) and provide 500,000 AVAX grants, which will be allocated to certain LSTfi projects.