Woofun AI reports that DeFi growth firm alphagrowth has deployed the Cardano PRIME initiative, a strategic program designed to accelerate liquidity accumulation and practical adoption on the Cardano network over a 12-month horizon. The initiative establishes a concrete target to elevate net Total Value Locked (TVL) by more than $200 million from its current baseline of approximately $90 million, aiming for a total of around $290 million while simultaneously driving organic annual interest rates and fee revenue growth.

The operational framework divides the timeline into two distinct phases: an initial four-month period dedicated to status assessment and identifying improvement areas, followed by a seven-month phase implementing milestone-based incentives and capital allocation. Funded by Cardano’s treasury, the PRIME budget totals 120 million ADA (approximately $19.2 million). alphagrowth will retain a fixed fee of 11 million ADA, with performance-based fees capped at 29 million ADA that scale inversely with TVL growth achievements. Governance is ensured by an independent five-person advisory committee, with active community feedback integration throughout the process.