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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🆕 Gitcoin GG22 OSS Reveals $1M Matching Results with New Features and Sybil Resistance

The GG22 OSS program announced its round matching results, introducing features like Quick Bridge and Mint Attestations, and employing sybil resistance strategies, with $1 million in matching funds and 25,688 unique donors participating. The program's consolidation onto Arbitrum and removal of quid pro quo practices aim to enhance fairness and transparency, with feedback for improvements in GG23 encouraged, but no community discussions have been reported.

🏷️ Grants - Grant Funding
🏷️ Newsworthy - Fundraising


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🆕 MakerDAO's Ecosystem Team Seeks 3M USDS for Integration Boost, Awaits Atlas Vote Approval

The request for 3 million USDS by ecosystem-team aims to support an integration boost initiative within the USDS ecosystem, contingent on the passing of the Atlas modification vote, with funds managed via a multisig wallet. The community has not engaged in discussions, and no further actions have been outlined.

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


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🆕 MakerDAO's $4M USDS Liquidity Boost Hinges on Atlas Vote Approval

The request by ecosystem-team for 4 million USDS aims to support liquidity initiatives to enhance USDS adoption and ecosystem stability, contingent on the Atlas modification vote's approval. There have been no community discussions or determined next actions regarding this initiative.

🏷️ Grants - Grant Proposal / Application


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🆕 Lido's stETH Rate Swap Research Secures Funding, Promises Market Efficiency Boost

The research project by anaiso focuses on exploring stETH-based Ethereum Staking Rate Swaps using ERC-6123 within the Lido ecosystem, aiming to enhance stability, liquidity, and market efficiency, with a budget of 36,000 USD and a 2-month timeline. The community supports the project, evidenced by a 10,800 USDC grant from the LEGO council, and eagerly awaits the final report.

🏷️ Grants - Grant Funding


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🆕 Gnosis Guild Proposes $50k for User-Friendly Role Generation in SafeDAO

The proposal "User-friendly Role Generation - Gnosis Guild" seeks 50,000 USDC to create a user-friendly interface for Safe's role-based access control, aiming to make it accessible to non-technical users and potentially increase Safe's adoption and utility. The community's reaction is unknown as the proposal is still in the draft stage, awaiting the voting phase.

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


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🆕 Namespace Founder Shares Progress on ENS Scaling to Optimism, Demo Available

cap, founder of Namespace, updated on their progress with the OP Grant, focusing on scaling ENS to OP and integrating ENS Subnames into projects on Optimism, achieving most milestones except for user adoption and feedback, with a demo available on Loom. The project aims to enhance ENS functionality and security on Optimism, but there have been no community discussions or determined next actions.

🏷️ Grants - Grantee Update
🏷️ Security - Audit


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🆕 Gitcoin GG22 Youth in Need Round: Streamlining Processes and Boosting Donor-Grantee Relations

The discussion centers on the GG22 Youth in Need round, highlighting challenges like cumbersome processes and potential improvements such as web2 login and gasless transactions, with the community showing appreciation for the initiative. There are no determined next actions, but suggestions include enhancing project legitimacy verification and communication features to improve donor-grantee relationships.

🏷️ Grants - Grants Available


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🆕 Safe Boost Initiative: 250k SAFE Tokens to Energize Gnosis Chain, Needs More Votes

The Safe Boost program is a 6-month initiative starting on January 10th, 2025, distributing 250,000 SAFE tokens to increase user engagement on the Gnosis Chain, funded by the Joint Treasury of Safe DAO and Gnosis DAO without additional costs. The community is largely supportive, but more votes are needed to meet the quorum for the proposal to proceed.

🏷️ Grants - Grants Available
🏷️ Proposal - Currently voting


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🆕 RetroFunding Round 6: Governance Projects Lost in Duplicate Limbo, Community Seeks Optimistic Solutions

The discussion is about the need for better recognition of critical governance projects in RetroFunding Round 6, highlighting several projects that were mistakenly declined as duplicates despite their significant contributions to governance and community coordination. The community is concerned about the recognition process, with calls for improved evaluation methods to ensure fair acknowledgment and funding of impactful projects.

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


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🆕 Uniswap Foundation Reports $33.83M Financial Stability, Commits $5.32M in New Grants for Q3 2024

The Uniswap Foundation's financial update for the quarter ending September 30, 2024, reveals a stable financial position with $33.83 million in USD and stablecoins, and 0.61 million UNI, earmarked for grants, operations, and employee awards, projecting a financial runway through the end of 2025. The Foundation committed $5.32 million in new grants in Q3 2024, with no community discussions reported, and future updates will cover Q4 2024 and full fiscal year results.

🏷️ Grants - Grant Funding
🏷️ Grants - Grantee Update


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🆕 ENS Governance Pilot: 30,000 Tokens to Meta-Governance via Quadratic Funding, No Community Input Yet

The Governance Distribution Pilot Program proposes transferring 30,000 ENS tokens from the DAO treasury to the Meta-governance working group for distribution via quadratic funding and 2-year linear vesting contracts, with implementation targeted for November 20, 2024. While the method aims to equitably distribute tokens and increase smaller stakeholder participation, its complexity may pose management challenges, and there has been no community discussion on the proposal.

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


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🆕 DEP November Update: $1.2M in Grants, Megavault Feature, Rust SDK Completion

The DEP Community Update for November 2024 outlines new grants totaling $1.2 million for user growth and strategic initiatives, with $3 million still available, and highlights partnerships and project updates like the Megavault feature and Rust SDK completion. The community has not yet reacted, and no next actions have been specified.

🏷️ Grants - Grants Available
🏷️ Grants - Grant Program Update


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🆕 Optimism's Retro Funding 4: A $10M OP Boost for Superchain Builders Amid Verification Challenges

The Retro Funding 4 initiative by the Optimism Collective aims to reward onchain builders with a 10 million OP pool, focusing on past contributions to the Superchain, and has attracted many new participants, though it faces challenges in verifying open source status and contract attribution. Community reactions are mixed, appreciating the improved metrics-based voting for its accuracy but noting the need for more human input and better user identification methods.

🏷️ Grants - Grant Funding


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🆕 SafeDAO Proposal: Automated Governance Tracking System Sparks Debate Over Cost and Necessity

The proposal by PYOR, led by Aakash Athawasya, aims to implement an automated governance tracking system for SafeDAO to boost participation and transparency, costing 9,300 SAFE, with mixed community reactions regarding its necessity and funding approach. While some community members question the need for governance and suggest alternative funding routes, others inquire about the possibility of ad-hoc applications to the grants program.

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


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