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ToggleAptos Foundation has officially announced the LFM (Launch, Fundraising & Mentorship) program - a comprehensive support program for projects about to undertake a Token Generation Event (TGE). LFM aims to help projects overcome the ideation stage, develop growth strategies, optimize tokenomics, and connect with investors to become leading protocols in the Aptos ecosystem.
The LFM program is designed for projects that have a working product and are preparing for a token issuance event. Participating projects will receive comprehensive support from Aptos Foundation & Aptos Labs, including connections with top investors, advice from blockchain experts, development guidance, and marketing strategy.
Some notable projects currently participating in LFM include:
- Aries Markets - The largest DeFi protocol on Aptos, with a 11x increase in TVL in 2024, providing lending, borrowing, and leveraged trading services.
- Amnis Finance - The leading liquidity staking protocol on Aptos with over $178 million in TVL and more than 385,000 staking participants.
- PACT - A lending platform leveraging Aptos' high performance, managing over $1 billion in on-chain assets.
- Echo Protocol - The first Bitcoin re-staking and yield layer on MoveVM, currently securing nearly half of the total assets bridged on Aptos with around $200 million in aBTC minted.
Benefits of Participating in LFM
Projects selected for the LFM program will have the opportunity to receive support in several critical areas, helping them prepare for the TGE event and scale their operations:
- Fundraising preparation: Shaping the fundraising strategy, optimizing the pitch deck, and conducting investor demos.
- Tokenomics optimization: Support on token distribution strategy, vesting, airdrop, and token utility.
- Security assessment: Guidance on security audits, access to top experts, and up to $25,000 in audit funding.
- Marketing support: Community engagement, content strategy optimization, and social media promotion.
- Listing assistance: Connections with major exchanges (DEX & CEX), guidance on listing negotiations and processes.
How to Participate in the LFM Program
LFM is a limited program, designed for the most promising projects. The selection process includes:
- Application submission: Submit an application with basic information about the project.
- Pitch presentation: Meet with the Aptos Foundation team to present the development plan.
- Evaluation: Assessment of the project's potential, development capabilities, and impact within the ecosystem.
- Program commencement: The most outstanding projects will participate in a kick-off with the Aptos Foundation and receive support from leading advisors.
The Aptos Foundation's LFM program promises to be a solid launchpad for Web3 projects, helping them achieve sustainable growth, access significant capital, and become leading protocols in the Aptos ecosystem.
Blockchain projects preparing for a TGE event and wanting to leverage the power of the Aptos ecosystem can apply today to not miss this exceptional support opportunity.