The minimum qualifying TVL will be calculated on an ongoing basis as a function of the FTM price and reward tier. As of now, the reward tiers are:
Tier 1: 500,000 FTM
Tier 2: 900,000 FTM
Tier 3: 2,500,000 FTM
Tier 4: 6,000,000 FTM
Application process
1. Confirm that the TVL project is tracked on Defi Llama (https://defillama.com)
2. Configure a publicly verifiable, preferably multi-sig team wallet address for reward distribution.
3. Calculate reward eligibility against the reward program TVL requirements represented by the formula: (current $ price of FTM * FTM reward amount) * 20 = Min. TVL required in $
4. Submit your project on Fantom Projects - https://projects.fantom.network/submit
5. Complete the application form specifying the current TVL and showing the calculation - https://docs.google.com/forms/d/e/1FAIpQLSfCqj0FgGn4i85PADinjTytxPc-CXjld4wksh8CFC4oDqzabg/viewform
