Sov's Crypto Grant Wire – Telegram
Sov's Crypto Grant Wire
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Crypto Grant Wire is an update feed detailing the happenings across Web3 grants, DAO Governance, insightful thoughts, and tools we think you might find interesting.

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🆕 Lido DAO Community Backs 100k USDC Grant for Preconfirmation Analysis Project

The-CTra1n proposed a project funded by a 100,000 USDC LEGO grant to analyze the economic viability and security of preconfirmations, with findings to be published in two articles over three months. The community, including Tane, supports the proposal, emphasizing its importance for Lido DAO's policy on preconfirmation, though the overall impact remains undetermined.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback


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🆕 CoW DAO's AMM Integration Initiative Gains Traction with Successful Solver Bounties

The integration of CoW AMM with solvers, facilitated by CoW DAO, aims to enhance AMM functionality through phased implementation, offering a 10k DAI bounty to incentivize solver participation, with community support and suggestions for improvements. The initiative has been positively received, with successful bounty claims by two solvers, Furucombo and Fractal, indicating effective community engagement and potential for improved integration and performance.

🏷️ Grants - Grants Available


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🆕 Compound DAO Governor Contracts Upgraded for Enhanced Governance and Security

The DAO's Governor contracts are being upgraded to enhance governance flexibility, security, and future adaptability, with community members expressing support and anticipation for the changes. The upgrade, funded by Compound grants and executed by ScopeLift, will remove admin roles, allow multiple operations per proposal, and use Tally as the primary governance interface, with a proposal to transition the admin role marking the upgrade's completion.

🏷️ Grants - Grant Funding
🏷️ Changes - Technical Change
🏷️ Proposal - Seeking feedback


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🆕 Rocket Pool Grant Proposals Drive Community Engagement and Ecosystem Improvements

The discussion is about Rocket Pool's grant applications aimed at improving the ecosystem for node operators and users, with a focus on enhancing user experience and operational efficiency. The community is positively engaging, with proposals like regexbuster's project to update DeFi documents, which seeks funding and aims to educate the community on rETH opportunities.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grants Available


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🆕 Rocketpool Community Engages in Lively Debate Over Round 17 Grant Applications

A dedicated thread was created by ShfRyn for discussions on Round 17 of grant, bounty, and retrospective award applications to streamline the review process, with community members like peteris actively engaging and providing feedback on various applications. The community's reactions include support for certain projects, skepticism about others, and suggestions for funding allocations, but the overall impact of these discussions remains undetermined.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Lisk to Join Uniswap v3 with $250k UNI Incentives Package Proposal Receives Strong Community Support

The proposal aims to onboard Lisk to Uniswap v3 with a package of $250k in UNI incentives, matched by Lisk, and an additional $125k in UNI rewards for locking $1 million in POL, enhancing Lisk's DeFi ecosystem and infrastructure. The community is largely supportive, with the majority of votes in favor, and the process includes several stages leading up to onchain voting.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 Gitcoin Grants Stewards Program Proposal Receives Strong Community Support

The proposal by ceresstation to create a stewards program for Gitcoin Grants aims to decentralize governance and increase community involvement, with positive community reactions highlighting diverse expertise and alignment with core values like decentralization and transparency. The initiative is seen as beneficial for empowering community members, supporting public goods, and enhancing governance quality, with no identified negative aspects.

🏷️ Grants - Grant Proposal / Application


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🆕 Optimism Community Call Thread: A Hub for Governance and Transparency Updates

The \"Optimism Community Call Recaps & Recordings Thread\" is a central resource for sharing updates and recordings from community calls, focusing on governance, grants, and future plans, aiming to ensure transparency and informed participation. The community is actively engaged, contributing to discussions and proposals, which fosters a transparent and inclusive environment, enhancing governance and operational efficiency within the Optimism ecosystem.

🏷️ Grants - Grants Available
🏷️ Proposal - Seeking feedback


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🆕 ENS Governance Proposal Sparks Debate on Token Distribution and Treasury Concerns

The proposal by AvsA for a Governance Distribution Program aims to boost ENS governance participation by distributing ENS tokens to grantees and USDC recipients, with community feedback highlighting concerns about treasury depletion and the need for clear eligibility criteria. The community is actively engaging with suggestions for phased distribution, tiered systems, and a community vote on the matching ratio to ensure fair and effective implementation.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback


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📡 Update From the Grant Wire 📡

Name:
Program Updates from Karma GAP

Type:
🛠️ = Tools and Resources

Link:
https://x.com/karmahq_/status/1843279329557385683
📡 Update From the Grant Wire 📡

Name:
what Gitcoin 2.0 is all about, including the Allo Protocol

Type:
🛠️ = Tools and Resources

Link:
https://x.com/x23_ai/status/1843320379705864380
🆕 Community Debates $1.25M Gitcoin Matching Funds Proposal for GG22

MathildaDV's proposal for pre-ratification of $1.25M in matching funds for GG22 aims to ensure efficient execution of Program Rounds and enhance community involvement, with a community vote proposed to decide on the funding approach. The community is actively discussing the proposal, focusing on strategies to address bear market challenges and improve governance.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback


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📡 Update From the Grant Wire 📡

Name:
Octant: Public Goods Sweepstakes

Type:
🤝 = Grants

Link:
https://x.com/octantapp/status/1844056515831026107
🆕 ENS DAO Proposal Seeks 226k USDC for Public Goods Support with Strong Community Backing

The proposal seeks 226k USDC from the DAO wallet to fund the ENS Public Goods Working Group's operations, supporting Web3 projects and builders until April 2025, with strong community backing as all votes cast so far are in favor. The funding aims to enhance the Web3 ecosystem by supporting open-source projects and ensuring continuity for grantees, with no identified negative aspects.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Synapse Protocol's Token Distribution Strategy Sparks Optimism Incentives Debate

The Synapse Protocol, a cross-chain communication network, is proposing a token distribution strategy to benefit developers, liquidity providers, users, and token holders, with strong community support for incentivizing liquidity on Optimism. However, concerns about transparency and accountability have been raised regarding the allocation to \"token holders\" and the handling of a significant OP grant.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Token Distribution


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🆕 ENS Ecosystem Working Group Proposal for $836k Funding Gains Community Support

The proposal seeks 836,000 USDC to fund the ENS Ecosystem Working Group's operations until April 2025, supporting initiatives like hackathons and grants to enhance the ENS ecosystem. The community is largely in favor, with the majority of votes supporting the proposal, and it aims to ensure resources for future needs and unforeseen opportunities.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 Lido's APAC Decentralization Initiative by Tané Gains Community Support with 10,000 DAI Budget

The proposal by Tane, approved by the LEGO Council, aims to educate the APAC community on decentralization through initiatives like Simple DVT and CSM, with a budget of 10,000 DAI for content creation and events, receiving positive community support for its transparency and potential long-term benefits. The initiative, backed by Tané, a credible firm supported by major enterprises, successfully increased awareness and engagement in Japan/APAC, filling a gap in the local crypto community by overcoming language barriers.

🏷️ Grants - Grant Proposal / Application


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🆕 Cycle 28 Achievements Highlight Optimism Amidst Uncertain Community Impact

Cycle 28 was completed successfully with all milestones achieved, including the approval of several projects like Mint Blockchain and DelegateMatch, despite challenges with Retro Funding votes. The community has not reacted, and the impact of these developments remains undetermined.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Result


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🆕 ENS Meta-Governance Working Group seeks $254k funding for governance tool development

The proposal seeks 254k USDC funding for the ENS Meta-Governance Working Group to cover expenses until April 2025, ensuring governance oversight and management continuity, with community support heavily in favor. The funding will aid in developing governance tools, with no identified negatives, and future governance strategies will be discussed and voted on.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback


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🆕 Arbitrum Foundation's Proposal for 250M ARB Allocation Sparks Mixed Community Reactions

The proposal to allocate an additional 250 million ARB to The Arbitrum Foundation aims to enhance its ability to form strategic partnerships and address budget constraints, with mixed community reactions ranging from support for increased competitiveness and transparency to concerns about fund usage specifics and security of the multisig wallet. The proposal is seen as positive for enabling long-term commitments and strategic growth, though some community members call for more detailed justifications and security assurances.

🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Controversial
🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin Grants 22: Balancing Support and Standards in OSS Funding Criteria

The Gitcoin Grants 22 (GG22) OSS Eligibility Criteria aim to support the OSS ecosystem through targeted funding rounds, emphasizing collaboration, long-term impact, and community engagement, with specific eligibility requirements for ethical standards and open-source activity. Community reactions include excitement and inquiries about eligibility, with some critiques suggesting the criteria may be too lenient and proposals for more stringent activity requirements.

🏷️ Grants - Grants Available


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