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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🆕 Balancer Grants Program's October Update: No Grants Approved, RFPs to be Revamped

The Balancer Grants program's October 2024 update highlights a focus on smaller projects with a 50k BAL budget, but no grants were approved due to low application quality, prompting updates to RFPs; the Balancer v3 Hookathon concluded with winners announced, potentially enhancing Balancer's ecosystem. The community has not shown any reaction, and no next actions have been determined.

🏷️ Grants - Grant Program Update


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🆕 SafeDAO Proposal: Safe Vote CLI Tool Seeks 21K USDC to Simplify Governance Voting

The proposal by chris to develop a Safe Vote CLI tool aims to boost Safe DAO governance participation by simplifying the voting process, with a funding request of 21,000 USDC, which is the entire remaining budget for Strategy 5; the community is engaging with mixed reactions, as some members suggest budget adjustments while others support moving forward to a vote. The project, led by cosin2077, will be open source and completed in eight weeks, potentially increasing accessibility and transparency in governance.

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


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🆕 Community Board Aims for Optimism with Structured Engagement, but Newcomers May Need a Map

The community discussion board is structured to support governance and engagement with sections for updates, grants, proposals, and more, aiming to facilitate organized communication and transparency, though it may be overwhelming for newcomers. The community is actively engaging, with members suggesting improvements for navigation, and the guide by system has been well-received.

🏷️ Grants - Grants Available
🏷️ Proposal - Seeking feedback
🏷️ Changes - Community Improvement


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🆕 Davydl's 2.7M OP Budget: A Superchain Expansion Tale of Optimism and Transparency

The discussion involves Davydl's role in allocating a 2.7M OP budget for the superchain's global expansion, focusing on governance infrastructure, analytics, and leadership, with a voting strategy emphasizing \"impact = profit\" and transparency. The community is interested in the process and outcomes, with no significant updates or next actions determined.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Arbitrum and RnDAO Launch $492K Hackathon Program to Boost Ecosystem Startups

The Arbitrum Hackathon Builder Continuation Program, co-funded by RnDAO and Arbitrum with a budget of $492,550, aims to support projects from proof of concept to market-viable MVP by providing grants and mentorship, with the goal of creating a self-sustaining business cluster within the Arbitrum ecosystem. The community supports the initiative, emphasizing the importance of hackathons and suggesting the involvement of the Arbitrum DAO to connect projects with VCs, while also advocating for clear ROI metrics to ensure effective use of funds.

🏷️ Grants - Grant Funding


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🆕 CoWDAO Considers Grant for Data Infrastructure Overhaul at 60 EUR/Hour

The grant application by butterfly aims to enhance the CoW protocol's data infrastructure by redeveloping key repositories and improving data handling, with a funding request of 60 EUR per hour. The community is supportive, with inquiries about milestone timelines and potential retroactive compensation, indicating interest in the proposal's value to the DAO.

🏷️ Grants - Grant Proposal / Application


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📡 Update From the Grant Wire 📡

Name:
electric capital analyzed 110k+ developer profiles

Type:
🛠️ = Tools and Resources

Link:
https://x.com/MariaShen/status/1851702779946901968
📡 Update From the Grant Wire 📡

Name:
Polygon Governance Hub is live

Type:
🏦 = DAO Governance

Link:
https://x.com/aragonproject/status/1855800289116491856
📡 Update From the Grant Wire 📡

Name:
ENS: an open-source grants manager for any ecosystem

Type:
🤝 = Grants

Link:
https://x.com/ens_dao/status/1855887775805100233
🆕 ZKMPC: Rust-Based SPDZ Extension Boosts Ethereum's Secure Computations with Zero-Knowledge Proofs

ZKMPC, an extension of the SPDZ protocol, enhances secure and verifiable computations with zero-knowledge proofs, supporting a range of operations and reducing communication complexity, with potential applications in blockchain and machine learning. The project, funded by the PSE Grants Program and implemented in Rust, has not yet sparked community discussions, and future challenges include addressing computational costs.

🏷️ Grants - Grant Funding


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🆕 GIP-59: GnosisDAO's $3.571M Proposal for Circles UBI Faces Stakeholder Skepticism

GIP-59 is a proposal for GnosisDAO to allocate $3.571 million over 1.5 years to support Circles UBI's R&D, aiming to expand operations and develop a Circles WoT GnosisSafe app, but it faces challenges due to insufficient stakeholder support and concerns about UBI sustainability. The community's reaction is mixed, with skepticism about UBI's benefits and calls for better coordination, while some members emphasize the importance of stable funding and the project's global potential.

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


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🆕 CoWDAO Proposal: Boosting Liquidity with Concentrated CoW AMM and Rehypothecation Adapter

The grant application by yevhenx aims to enhance liquidity tools in the CoW ecosystem through a Concentrated CoW AMM and a Rehypothecation Adapter, promising improved LP returns and capital efficiency, with a funding request of 50k xDAI. While the community supports the proposal, concerns about security, detailed specifications, and solver integration have been raised, with the project being divided into multiple steps for thorough evaluation and stable implementation.

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


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🆕 Proposal to Extend Ethereum Solver Rewards to Gnosis and Arbitrum One with COW Payouts

The proposal by harisang aims to extend the successful Ethereum mainnet solver rewards program to Gnosis Chain and Arbitrum One, using the same rewards mechanism with chain-dependent caps and paying in COW, potentially increasing competition and attracting new solvers. There have been no community discussions or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum DAO's Communication Proposal Seeks 70K ARB for Three-Month Experiment

The proposal by ZER8 aims to enhance Arbitrum DAO's communication and marketing through a three-month experimental phase, requesting 70K ARB for funding, with potential benefits of increased visibility and community engagement but concerns over resource allocation and deliverable pressures. Community reactions are mixed, with support for the initiative's goals but concerns about funding and suggestions for improvement, including collaboration with ambassadors and expanding beyond Twitter.

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


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🆕 Arbitrum Proposals Seek Funding for ARDC and 2025 DAO Events Budget

The discussion involves two onchain proposals by raam, with voting ending on November 14th, seeking funding for the ARDC and a DAO Events Budget for 2025, aiming to enhance oversight, cost-effectiveness, and community presence at industry events. There have been no community discussions or determined next actions.

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


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🆕 SafeDAO Proposal: HopperLabs Seeks $20K for DeFi-Kit Enhancement with Lagoon

The proposal "Lagoon built by HopperLabs: DeFi-Kit Enhancement" seeks $20,000 USDC to develop Lagoon, a decentralized infrastructure for on-chain asset management, enhancing the Safe ecosystem with multichain vault creation and protocol whitelisting. The community is actively engaged, with revisions made based on feedback, and major players like Kelp DAO and Pendle showing interest, indicating a positive reception and potential collaborations.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin's November 2024 Grants Lab Meeting Tackles Crowdfunding Decline and New Platforms

The Grants Lab Monthly Meeting in November 2024 focused on Gitcoin's strategic goals, financial health, and leadership in on-chain capital allocation, with discussions on addressing a decline in crowdfunding and introducing new platforms like AlloExpert. The meeting highlighted Gitcoin's financial runway and the need for aggressive strategies, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update


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🆕 Joanbp's RPGF6 Experience Sparks Optimism Governance Debate on Conflict of Interest and Funding

The discussion involves joanbp's experience with the RPGF6 voting process for Optimism Governance, highlighting a conflict of interest managed by abstaining from certain votes and a budget allocation of 1.5M OP across various governance categories. The process encourages debate on retroactive public goods funding, with some concerns about low-impact applications, and suggests improvements in voting software and community engagement, though specific community reactions are not detailed.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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