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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🆕 GMX DAO Proposes $100K Boost for Solana Liquidity, Community Weighs In

The proposal by Saurabh to allocate $50,000 in USDC and $50,000 in GMX from the GMX DAO treasury to GMX-Solana aims to enhance liquidity and cross-chain presence on Solana, with community members generally supporting the initiative. The funds will be managed in the GLV: GMX-USDC vault on Solana, and the setup will involve collaboration with bridging solutions like Wormhole and Layerzero, though some community members suggest the initial funding might be insufficient.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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📡 Update From the Grant Wire 📡

Name:
Announcing $1.2 Million Grant to Atrium Academy to Expand the Uniswap Hook Incubator

Type:
🤝 = Grants

Link:
https://uniswapfoundation.mirror.xyz/eW-AKSXw9NTICC4OHpud1VeqNc0b2M3DYQjcVnxiso8
🆕 ENS Governance Distribution Update: 30,000 ENS Reallocated, Community Silent

The final allocation of 30,000 ENS in the Governance Distribution has been updated, with more ENS available for various categories due to a reduction in EthGlobal developers and a corrected data issue, resulting in a total distribution value of $1,286,126.10. The community has not engaged in discussions, and the next steps include KYC checks and creating vesting contracts with a 1-year cliff and 2-year vesting period.

🏷️ Grants - Grant Program Update
🏷️ Newsworthy - Token Distribution


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🆕 Arbitrum Proposal Sparks Debate Over CEX to DEX Transition Funding

The proposal by Caesar aims to fund research to transition derivative traders from CEX to DEX on the Arbitrum network, with a focus on developing a flexible incentive program to address current incentive issues and technical barriers, at an estimated cost of 185,000 ARB. The community is generally supportive but has concerns about the proposal's execution, cost justification, and the necessity of a working group, suggesting alternative funding methods and emphasizing the importance of retention metrics and transparency.

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


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🆕 Gitcoin Proposal Seeks $15K for Advanced Analytics with Open Source Observer

The proposal involves a $15K funding request from the Gitcoin treasury to enhance integration and analytics with Open Source Observer, aiming to improve data infrastructure and develop advanced metrics for better tracking of grantee cohorts. The community is supportive, highlighting the potential for improved decision-making and transparency, though there are concerns about the complexity of integrating legacy data.

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


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🆕 Cycle 29 Triumphs: Record Approvals and New Audit Service Providers Boost Optimism

The completion of Cycle 29 saw significant achievements, including the approval of a record 12 applications and the addition of Chainsecurity and OpenZeppelin as whitelisted Audit Service Providers, which could enhance project security and stimulate community innovation. The community has reacted positively, with ongoing initiatives like Retro Funding 6 and the Milestone and Metrics Subcommittee ensuring continued support for impactful projects.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding
🏷️ Security - Audit
🏷️ Newsworthy - Significant adoption


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🆕 Safe Community Catalyst Program Seeks 25K USDC for Onboarding and Governance Initiatives

The Safe Community Catalyst Program, led by DAOplomats.eth and boardroom, aims to improve onboarding and governance within the Safe ecosystem by requesting 25,000 USDC for initiatives like digital gatherings and mentorship, with success measured by metrics such as onboarding completion rates and content views. While the program could enhance community participation and ecosystem growth, there are risks of low adoption, and there have been no community discussions or next actions determined.

🏷️ Grants - Grant Proposal / Application


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🆕 SafeDAO Proposal Seeks $50k for User-Friendly Access Control, But Drains Budget

The proposal by espina seeks $50k USDC to enhance Safe users' access control by simplifying the creation of Roles, aiming to make them more accessible to non-technical users and improve execution routes for complex Safe setups, with the Gnosis Guild leading the initiative. While the initiative could increase adoption and improve user experience, it uses the entire remaining budget, potentially limiting funds for other projects, and there has been no community discussion or determined next actions.

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


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🆕 ENS DAO #73: Funding, Security Bounties, and Meta-Governance Election Updates

The ENS DAO Newsletter #73 discusses updates on funding proposals for ENSv2 development, a governance security bounty, and Term 5 Q4 funding, alongside a special election for a Meta-Governance steward and upcoming events like frENSday at Devcon. These initiatives aim to enhance decentralization, security, and community engagement within the ENS DAO ecosystem, though there have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Seeking feedback
🏷️ Event - IRL


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🆕 Optimism's Retro Funding 6: Balancing Transparency and Community Concerns in Public Goods Voting

The Retro Funding 6 Badgeholder Manual outlines the voting process for Retroactive Public Goods Funding within the Optimism Collective, aiming to reward past contributions with a transparent and diverse voting system involving badgeholders and guest voters. While the initiative promises increased transparency and diverse participation, community concerns include the clarity of the ranking process and the management of conflicts of interest.

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


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🆕 Aave Chan Initiative Proposes Liquidity Mining Management Amid Centralization Concerns

The Aave Chan Initiative (ACI) has proposed to manage liquidity mining programs for Aave markets, leveraging its experience and partnerships, such as receiving 750,000 ARB tokens from Arbitrum DAO, with the integration into ACI's \"Dolce Vita\" service at no extra cost, though concerns about centralization and transparency have been raised by the community. The community is mixed in its reaction, with some supporting ACI's experience and others suggesting a trial period to assess performance, while updates include the renewal of the Liquidity Mining Program for the Aave Ethereum Lido Instance and wstETH rewards, running from November 4, 2024, with specific budgets and timelines.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 ENS Working Group Tackles Dynamic Integration, Devcon Prep, and Gitcoin Grants

The ENS Ecosystem Working Group, led by slobo.eth, holds weekly meetings to discuss updates and projects related to the Ethereum Name Service, with recent discussions focusing on Dynamic's integration for sub-name issuance, preparations for Devcon, and participation in Gitcoin grants. The community is actively engaged, contributing feedback and proposals, while the meetings aim to enhance usability, funding, and functionality within the ENS ecosystem.

🏷️ Grants - Gitcoin grants


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🆕 ENS Proposal Suggests 5,000 ETH Boost and Allowance Module Update for Financial Efficiency

The proposal by karpatkey aims to expand the ENS Endowment by funding an additional 5,000 ETH and updating the Allowance Module to improve payment efficiency, with the potential benefits of increased financial success and enhanced risk management. There have been no community discussions or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum Community Backs R&D Funding, Rejects Token Swap Pilot in Governance Vote

The Wintermute Governance Delegate Communication Thread is a platform for discussing voting decisions on proposals within the Arbitrum ecosystem, including support for Curve Finance, a front-end interface proposal, and a Delegate Code of Conduct, with the community generally showing support for these decisions. Recent updates include the approval of funding for the Arbitrum Research & Development Collective and the rejection of the Arbitrum Token Swap Pilot Program, with no next actions currently determined.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Affecting Governance


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🆕 Gitcoin's Allo.Expert Aims to Revolutionize Onchain Capital Allocation, Faces Centralization Challenge

Allo.Expert is a strategic initiative for Gitcoin, designed to enhance expertise in onchain capital allocation by providing a registry of mechanisms, experts, and training materials, with future plans for expanded features and data integration. While it could establish Gitcoin as a leader in grants and capital allocation, the use of a centralized Postgres database may challenge its decentralization goals, and there has been no community feedback or next actions identified.

🏷️ Grants - Grants Available


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🆕 Gitcoin Community Program's Onboarding RFP: Success in Innovation, Room for Improvement

The Gitcoin Community Program (GCP) Request for Proposal focused on Onboarding & Education was successful in connecting with mission-driven innovators and improving marketing strategies, with community feedback suggesting enhancements like better timing and communication channels. The community's response is positive, with constructive suggestions for future improvements, but no specific next actions have been determined.

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


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🆕 The Graph Council Meeting #85: Discussing Transparency, Grants, and Multi-Chain GRT Expansion

The Graph Council Meeting #85 on October 31st, 2024, focused on transparency and discussed potential grants for infrastructure and protocol development, as well as enabling GRT on multi-chain platforms, which could enhance The Graph's ecosystem. There have been no community discussions or determined next actions.

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


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🆕 Michael proposes centralized transparency for Retro Funding 6 voting rationales, boosting optimism for improved decision-making.

The discussion led by Michael aims to centralize and enhance transparency in sharing voting rationales for Retro Funding 6, potentially improving decision-making and community engagement, though there has been no community reaction or next steps identified.

🏷️ Grants - Retro Funding 6
🏷️ Proposal - Seeking feedback


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🆕 Uniswap Foundation Offers $1M Subsidy for v4 Hooks Security Audits

The Uniswap Foundation Security Fund is offering a $1M subsidy for security audits to projects developing Uniswap v4 hooks, with applications open from November 11, 2024, to November 29, 2024, aiming to enhance security and encourage developer participation. There is no community reaction or next actions reported.

🏷️ Grants - Grants Available


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🆕 SafeDAO's OBRA Update: Restructuring for Community Input with $271K Budget

The October update for OBRA involves a slower-paced restructuring to enhance community input, with a budget of approximately $271,000 and voting scheduled from November 13th to 25th. Financial commitments total $476,000, with $69,000 to be distributed currently, and while there are no community discussions, the completion of project milestones and new reports aim to improve transparency and innovation.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 ENS Funding Proposal Resubmitted: 1.3M USDC for Meta-Gov and Public Goods in 2024

The resubmission of a funding proposal by 5pence.eth for October 2024 aims to secure 1,316,000 USDC for ENS Meta-Gov, Ecosystem, and Public Goods initiatives, maintaining the same terms as the previously rejected proposal due to concerns about bundling and procedural clarity. While the proposal has been verified for security and accuracy, there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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