> For the complete documentation index, see [llms.txt](https://magnify.gitbook.io/magnify.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://magnify.gitbook.io/magnify.cash/the-magnify-foundation/magnify-cash-grants-program.md).

# Magnify Cash Grants Program

### **Overview**

The Grants Program provides **1,000,000 $MAG** tokens in funding for innovative projects that enhance the Magnify Cash ecosystem. Whether you’re a developer, designer, or visionary, there’s an opportunity to contribute and earn rewards!

#### **What Can You Build?**

We encourage the development of tools, platforms, and integrations that:

* Enhance usability within the Magnify Cash ecosystem.
* Improve accessibility to $MAG functionalities (staking, swapping, lending, etc.).
* Create community-driven tools or analytics.

***

### **First Grant Recipient**

🎉 Congratulations to **Boye**, our first grant recipient!

Boye developed a **Telegram bot** that provides key information for the community, including:

* **Staked $MAG** statistics.
* **$MAG Holders** tracking.
* **$MAG Charts** for real-time updates.

This tool is now live and available for use by the Magnify Cash community. 🙌

***

### **How to Apply for a Grant**

💡 **Have an idea?** Build something awesome and get rewarded!

#### **Step 1: Prepare Your Proposal**

Outline your project, including:

* The problem it solves.
* How it benefits the Magnify Cash community.
* Your expected timeline and milestones.
* Funding requirements.

#### **Step 2: Submit Your Application**

Submit your grant request using the official form:\
👉 [**Apply Here**](https://forms.gle/etjty8KyhB2pJZq4A)

#### **Step 3: Review and Approval**

* All applications will be reviewed by the Magnify Cash team.
* Approved projects will receive funding and support to bring their vision to life.

***

### **Why Participate?**

By joining the Magnify Cash Grants Program, you can:

* Showcase your skills and ideas to a growing DeFi community.
* Gain access to $MAG funding for your project.
* Contribute to the evolution of decentralized finance on Ethereum and Base networks.

***

### **FAQs**

#### **1. Who is eligible to apply?**

Anyone with a clear project idea that contributes to the Magnify Cash ecosystem can apply.

#### **2. What types of projects qualify for grants?**

Projects that enhance usability, improve accessibility, or create value for the community are eligible.

#### **3. How much funding can I request?**

Funding amounts depend on the scope and impact of the project. Provide detailed requirements in your application for consideration.