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'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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🆕 Arbitrum Community Votes on Retroactive Funding Proposal for Pilot Program Contributors

The proposal allocates 100,000 ARB for retroactive funding to community members who contributed to the Pilot Program, with funding awarded based on an Approval vote requiring at least 75M votes per applicant. While the process encourages participation and transparency, the high vote threshold may limit funding to more visible or influential applicants, and the community is actively voting to finalize the decision.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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📡 Update From the Grant Wire 📡

Name:
LUKSO: QF Round Recap

Type:
🤝 = Grants

Link:
https://x.com/luksofoundation/status/1844756174605824239
🆕 Grants Council RF6 Report Shows High Satisfaction Among Finalists with NPS of 9/10

The report by Gonna.eth on the Grants Council for RF6 details the grant application process, with 530 applications received and 128 approved, and a high Net Promoter Score of 9/10 from finalists, indicating strong satisfaction. There is no community reaction or determination of the report's positive or negative impact, and no next actions have been identified.

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


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🆕 Optimism Community Discusses Retro Funding 5 Voting and Future Improvements

The discussion thread \"Retro Funding 5: Voting Rationale Thread\" invites badgeholders to share their voting rationale for Retro Funding 5, with community members like Luckyhooman.eth expressing appreciation for public goods contributions and using a top-weighted allocation method to distribute 8 million OP. The community feedback highlights improvements in the voting interface and anticipates future rounds, but the overall impact of the funding remains undetermined.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Aavegotchi x TheSandbox Expansion Proposal Faces Mixed Community Reactions

The proposal seeks $26,940 in funding to expand the Aavegotchi x TheSandbox project, enhancing user experiences and partnerships over six months, with the community showing mixed reactions as the vote progresses. Benefits include increased visibility, user engagement, and financial returns, while costs involve the proposed budget, and the community's decision remains pending with a significant number of votes against the funding.

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


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🆕 GMX Community to Vote on $119K Proposal for Hands-Free Trading Interface by Torque

A proposal has been introduced for the GMX community to fund the development of a hands-free trading interface by Torque, aimed at high-level traders and those with limited mobility, with a budget of $119,000 requested from the GMX treasury. The community has not yet discussed the proposal, and members will vote on whether to approve or reject it.

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


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🆕 Aavegotchi DAO Proposal for Grid Gladiator V1 Seeks $8000 Amid Quorum Challenges

The proposal seeks $8000 to develop and market Grid Gladiator V1, a roguelike deck-building game aimed at attracting non-crypto gamers to the Aavegotchi ecosystem, with potential benefits including increased exposure and a new income stream for the DAO. However, the project faces risks of non-completion and limited community support, as it has not yet reached the quorum in the ongoing vote.

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


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🆕 Mid-Season 6 Grants Council Report Highlights Progress Without Community Feedback

The \"Mid-Season 6 Grants Council Report\" by Gonna.eth outlines the progress and statistics of the Grants Council for Season 6, detailing grant application cycles and Superchain grants, but there has been no community discussion or determination of its positive or negative impact.

🏷️ Grants - Grant Program Update


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