The nonprofit Gear Foundation is doubling-down on its efforts to grow Vara Network’s ecosystem of decentralized applications with the newly announced Vara Grants Program. It said it’s inviting proposals from developer teams now. 

The new program is said to be a conduit for individuals and developer teams alike, providing support, technical expertise, community outreach and marketing support. 

It’s aimed at boosting Vara Network, the L1 blockchain that leverages the capabilities of Gear Protocol to enable more flexible, intelligent smart contracts and rapid transaction fees at lower costs. Vara has ambitions to build an ecosystem to match that of more established blockchains such as Ethereum, Solana, Polygon and Binance Smart Chain, and the offer of funding is a key part of its growth strategy.