Community grants are distributed in the form of VKR tokens and are utilized to help fund projects that either improves user experience or directly interacts with the protocol. This is another method in which users are incentivized to build on top of the Valkyrie Protocol.
The protocol recognizes the importance of an active community that is continuously striving to improve the protocol. As such, grants are provided to teams that are building meaningful projects that can improve the Valkyrie Protocol from either a technical or community-based standpoint.
The proposal must successfully pass a governance vote before any grants are disbursed.