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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🆕 Grants Council Streamlines Budget and Structure for Season 7 with 390,000 OP

The proposed operating budget for the Grants Council in Season 7 is 390,000 OP, a reduction from the previous season, focusing on a streamlined structure with independent committees and a shift in audit responsibilities to the DAB, aiming for efficient operations and high-impact grants. The community has not yet reacted, and no next actions have been determined.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 Regen Citizens Genesis Round Raises $8,868 with Gitcoin Passport Model, Faces Challenges

The Regen Citizens Genesis Round, supported by a $21,000 matching pool, aimed to celebrate contributions to the regenerative movement on Ethereum, involving 491 contributors and $8,868 in donations, while using the Gitcoin Passport Model for equitable fund distribution. Despite challenges in nomination management and integration, the initiative demonstrated strong community support and highlighted areas for improvement, with the community deeply affected by the passing of its leader, IZZY decentralizedceo.

🏷️ Grants - Grant Funding


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🆕 Delegate 0xDonPepe Discusses Governance and Voting in Arbitrum Community

The discussion led by 0xDonPepe revolves around their delegate role and voting activities in the Arbitrum community, covering topics like user research, governance bootcamp, and grant programs, aiming to enhance understanding, communication, and decision-making. There is no noted community reaction or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Delegate - Reasoning/Justification


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🆕 Optimism Collective S6 Wraps Up: New Councils, 19.5M OP Budget for Superchain Expansion

The conclusion of Season 6 of the Optimism Collective involved key developments such as the expansion of the Grants Council and election of new Security Council members, with governance costs totaling 762k OP and a budget of 19.5M OP approved for decentralization and application development on the Superchain. Community reactions are mixed, with calls for improved delegate engagement, transparency in governance, and better connection between voting delegates and feedback providers.

🏷️ Grants - Grant Program Update
🏷️ Security - Audit
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Affecting Governance


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🆕 GMC's rETH Incubator Awards $2,000 to knoshua, Ignites Community Innovation and Adoption

The rETH Incubator Submission by the GMC aims to boost rETH demand through community ideas, with submissions reviewed and awards being finalized, including a $2,000 award for knoshua despite initial ineligibility due to a lack of other reviewers. The initiative is positively received by the community, potentially increasing rETH adoption and fostering innovation.

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


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🆕 Instadapp's $1.3M INST Proposal: Boosting Fluid Markets to $2B or Bust?

The proposal by DMH aims to boost Fluid markets' liquidity, particularly in stablecoins, to achieve a $2B market size by distributing $1.3M in INST rewards across various markets. While the community shows some support, the team faces financial risk if the proposal doesn't pass, as they have committed to covering the reward costs.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Gitcoin's $500K Glo Dollar Swap Proposal Faces Community Resistance

The proposal suggests Gitcoin exchange $500,000 of USDC for Glo Dollar to unlock $20,000 annually for funding rounds, potentially supporting more projects and contributing to the AutoPGF movement, but the community is largely against it with insufficient votes for approval. If the trend persists, the proposal is unlikely to pass, requiring Gitcoin to seek other funding strategies.

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


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🆕 BIP-742: Balancer DAO's Plan for Monthly Spending Reports to Boost Transparency

BIP-742 proposes monthly spending reports for Balancer DAO's Service Providers and Grantees to enhance financial transparency and accountability, potentially improving financial oversight and resource management. The community has not yet engaged with the proposal, as no votes have been cast.

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


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🆕 Balancer DAO's BIP-742 Proposes Monthly Spending Reports, Awaits Community Engagement

The proposal BIP-742 seeks to introduce a Monthly Spending Accountability Framework for the Balancer DAO to enhance financial transparency and improve cash flow forecasting by requiring detailed monthly spending reports from Service Providers and Grantees. While the framework promises better financial oversight and resource management, the community has not yet engaged with the proposal as no votes have been cast, and the quorum required is 2,000,000.

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


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🆕 Arbitrum Foundation Dashboard Proposal Seeks $3,500 to Boost Grant Transparency

The proposal by EmmanuelO to develop a Grant Progress Tracking Dashboard for the Arbitrum Foundation aims to improve transparency and accountability in monitoring funded proposals, with an estimated cost of $3,500 and features like milestone tracking and real-time updates. The community is interested but has raised questions about the scope and funding, with suggestions to create an MVP for feedback and to submit the proposal to the Grant Program for resources.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Program Update


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🆕 BIP-741: Maxis and Emergency DAO to Boost Balancer V3 Efficiency and Security

BIP-741 proposes granting specific permissions to the Maxis and Emergency DAO multisigs for managing Balancer V3 contracts on Ethereum and Gnosis, aiming to enhance operational efficiency and security by allowing quick emergency responses and flexible pool management. The community is supportive, with all votes cast in favor of the proposal, and the voting period is still ongoing.

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


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🆕 AI-Powered Credio Safe Module Proposal Seeks USDC 49,500 for Enhanced Decision-Making and Security

The proposal by muntangled to create a Credio Safe Module aims to enhance Safe's decision-making through AI and machine learning, requesting USDC 49,500 for integration and development, with potential benefits in risk management and asset security but challenges due to budget and complexity. Community reactions are mixed, with some questioning the alignment with Strategy 3 and suggesting a review by the Treasury Management Steering Committee, while others express skepticism about the project's performance.

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


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🆕 Gitcoin Proposal: "Impact Passport" Aims to Refine Quadratic Funding with Verified Impact Focus

The proposal for an \"Impact Passport\" framework aims to improve the Quadratic Funding mechanism by prioritizing verified impact over popularity, with a budget of $35k and potential challenges in scalability and adoption. The community is engaging with the proposal, offering support and suggestions, including interest in impact data types and funding structure, while some members express concerns about budget allocation and suggest a Proof of Concept before full implementation.

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


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🆕 Emmanuel Proposes $3,000 Grant Report Visualization Tool to Boost GMX Governance

The proposal by Emmanuel for a Grant Report Visualization Tool aims to enhance GMX Governance by centralizing updates and providing detailed visualizations, with a development budget of $3,000. The tool is expected to improve transparency, accountability, and community engagement, though there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocketpool GMC Streamlines Grant and Bounty Applications with Centralized Discussion Thread

The discussion focuses on managing the round 20 period for grant, bounty, and retrospective award applications in the GMC community by directing questions and discussions to a specific thread, which aims to improve clarity and organization, potentially leading to a more efficient scoring process by committee members. There have been no community discussions or next actions determined.

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


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🆕 Rocket Pool Round 20 Bounties: Proposals Open for Node Operation and rETH Innovations

The discussion is about the application process for Rocket Pool's bounties for Round 20, scheduled from December 7, 2024, to January 7, 2025, with a focus on enhancing node operation, minting and holding rETH, and improving community life. The structured templates for proposals ensure clarity and transparency, potentially leading to successful outcomes, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 BIP-741: Enhancing Balancer V3 Security with Maxis and Emergency DAO Multisig Permissions

BIP-741 proposes granting specific permissions to the Maxis and Emergency DAO multisigs for managing Balancer V3 contracts, which could improve security and operational flexibility by allowing efficient emergency responses. The community is reacting positively with significant support, but the proposal has not yet reached the required quorum of 2000000 votes.

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


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🆕 Rocket Pool Opens Grant Applications for Round 20 to Boost Node Ops and rETH Minting

Rocket Pool is inviting grant applications for Round 20, open from December 7, 2024, to January 7, 2025, aiming to enhance node operations, rETH minting, and protocol quality, with no current community discussions or next actions specified. The grants focus on specific work by individuals, potentially strengthening the network and improving the protocol's adoption and utility.

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


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🆕 Aave Proposal Aims to Boost GHO Stablecoin's Stability and DeFi Integration in Phase V

The proposal seeks funding for Phase V of the Aave Liquidity Committee to enhance the GHO stablecoin's stability and adoption across various blockchain networks, with plans to expand its presence and integration into DeFi platforms. The community's feedback is being gathered to determine if the proposal will advance to a Snapshot vote, which will influence its potential implementation.

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


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🆕 Rocket Pool Opens Applications for Round 20 Retrospective Awards, Seeks Node and rETH Innovations

Rocket Pool is accepting applications for retrospective awards for Round 20, with a focus on improving node operation, rETH management, and community quality of life, with submissions due by January 7, 2025. The awards aim to encourage innovation and provide recognition for projects aligning with these goals, but there have been no community discussions or next actions determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Safe DAO's November Update: OBRA Allocates $879k, Refines Governance Structures

The November update for OBRA: Initiatives Reporting within the Safe DAO community highlights the refinement of the 'Councils and Committees' structure and ongoing discussions on several proposals, with OBRA committing approximately $879k and distributing $48k in the current period. The initiatives aim to improve governance, transparency, and financial management, though community reactions are not detailed.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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