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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🆕 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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🆕 Vyper Secures 100k DAI Grant from LEGO Council for 2024-2025 Enhancements

The Vyper development team is seeking a 100k DAI grant from the LEGO council to fund enhancements in language features, security, and outreach for the fiscal years 2024-2025, which is crucial for maintaining Vyper's role in managing significant user funds on the EVM. The community has shown interest in the development plans and outreach events, and the grant has been approved, with plans for demos and workshops at major conferences.

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


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📡 Update From the Grant Wire 📡

Name:
ViaPrize: GCP-17

Type:
🛠️ = Tools and Resources

Link:
https://x.com/noahchonlee/status/1844045629250474313
🆕 Optimism Community Embraces Attestations in Grants and Governance Expansion

The discussion revolves around the use of attestations in Optimism's grants and governance, with current implementation in Retro Funding and plans for future use in Mission Grants. The community is supportive and engaged, with members like 0xR and brichis actively participating and expressing interest in the system's expansion, while optimisticemily provides clarity on the process and future plans.

🏷️ Grants - Retro Funding
🏷️ Grants - Mission Grants


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🆕 Arbitrum's zkFetch Proposal Sparks Debate Over Budget and Sustainability

The proposal to integrate zkFetch into the Arbitrum ecosystem aims to enhance oracle security and privacy using zero-knowledge proofs, with a funding requirement of $72,000 and a recurring monthly cost of $10,000, but faces community concerns about budget adequacy and long-term sustainability. While the proposal is praised for its security, privacy, and developer-friendly integration, the community is divided, with some questioning the feasibility and sustainability of the project, and others supporting its alignment with Arbitrum's goals.

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


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🆕 AavegotchiDAO Considers $3M Funding Proposal for Pixelcraft Studios Amid Mixed Community Reactions

The proposal seeks $3,000,000 in USDC from the AavegotchiDAO Treasury to fund Pixelcraft Studios for 2024-2025, with Pixelcraft committing to return 20% of its gross revenue to the DAO until $13M is earned or the agreement ends. While the proposal promises sustainability and potential revenue for the DAO, it faces community concerns due to the significant financial commitment required, as reflected in the mixed voting results.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback
🏷️ Proposal - Result: Failed


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🆕 Gitcoin's Grants Lab Targets $15M GMV for Q4 Amidst Strategic Challenges and Rebranding Efforts

The Grants Lab team's October 2024 meeting focused on reviewing Q3 achievements and setting Q4 goals, including a $15M GMV target and improved revenue strategies, despite challenges like unmet \"Whale Hunting\" targets and strategic conflicts. The community has not reacted, and while the team is working on stabilizing systems and rebranding efforts, financial and operational challenges remain.

🏷️ Grants - Grant Program Update


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