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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🆕 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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🆕 Cycle 30 Review: 68 Projects Advance, New Auditors Join the Optimistic Journey

The Cycle 30 preliminary review results, shared by Gonna.eth, show 68 out of 91 applications passing the initial review, with new auditors Code4rena/Zenith and Zellic Security announced, and finalists advised to update their applications by a specified Monday. The community has not reacted yet, but the advancement of diverse projects could lead to significant innovations, while declined applications may prompt future improvements.

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


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🆕 Compound Governance Working Group Seeks $280K in COMP for 2024-2025 Renewal

The proposal to renew the Compound Governance Working Group (GWG) for another year, from December 2024 to December 2025, includes a $280,000 funding request in COMP tokens to enhance governance participation and maintain competitiveness. The community has shown support, with achievements like increased voting participation and consistent quorum attainment, while future plans involve strategic expansions and governance tool development.

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


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🆕 SafeDAO Grants Program Faces Wave 2 Funding Pause; Builders Turn to Alternative Funding Sources

The discussion is about the Grants program, focusing on submission processes, evaluation criteria, and the current hold on Wave 2 funding, with other initiatives like OBRA continuing to support projects. The community is actively engaging with the Grants Council, expressing concerns and seeking clarifications, while updates indicate that builders on Polygon and Gnosis Chain can access alternative funding through partner programs.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grants Available
🏷️ Grants - Grant Funding


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🆕 Secure Quadratic Assurance: A New Hope for Gitcoin's Funding Challenges?

The Secure Quadratic Assurance (SQA) mechanism, proposed by arry, integrates Quadratic Funding and Dominant Assurance Contracts to enhance security and effectiveness in capital allocation, offering refunds with bonuses for unmet project thresholds and incentivizing early contributions. The community has shown interest, with owocki inquiring about potential collaboration with Gitcoin, but no specific next actions have been outlined.

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


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