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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🆕 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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🆕 Gitcoin's 2025 Strategy Aims for 50% Builder Retention with $4.29M Annual Distribution

The proposed 2025 strategy for Gitcoin Grants by MathildaDV focuses on enhancing funding mechanisms and community engagement through mentorship, innovative funding, and decentralization, aiming for a 50% builder retention rate and distributing $4.29M annually. The community supports the strategy for its balanced approach and design, which addresses the needs of both early-stage and mature builders while protecting the matching pool.

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


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🆕 Lido's "Multi-EGG" Proposal Seeks 21.6M DAI for Decentralized Governance and stETH Growth

The proposal by steakhouse for \"Multi-EGG Continuity Grant Funding\" seeks 21.6 million DAI to support Lido Contributors Group's goals, including decentralized governance and stETH adoption, with community reactions ranging from support for its strategic focus to concerns over the large budget and transparency. The funding is intended for engineering efforts and will be distributed via EasyTrack contracts, but no next actions have been specified.

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


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🆕 ENS Talent Pool Shrinks: Community Calls for Steward Action in SP Election

The discussion is about the decline in the Ethereum Name Service (ENS) talent pool due to reduced funding and the closure of several grant programs, which has led to concerns about reduced innovation and talent drain. The community is urging action from steward candidates in the upcoming SP election to address these issues and explore solutions to support and grow the talent pool.

🏷️ Grants - Grant Program Update


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🆕 Uniswap Proposal Seeks $355k for Celo Stablecoin Pools, Awaits Community Discussion

The proposal by Michaelcelo seeks $250,000 in UNI incentives and $105,000 for Oku deployment to support stablecoin pools on Celo, with the Stabila Foundation contributing $500,000 in CELO incentives, aiming to enhance liquidity and expand Uniswap's reach in emerging markets, with implementation planned post-Celo's migration to Ethereum Layer 2 in Q1 2025. The community has not yet discussed the proposal, and no further actions have been determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin Proposal: $55K for YOLLOW.XYZ to Boost Public Goods Funding with Single-Gesture Donations

The proposal by wtfsayo seeks $55,000 USDC to develop YOLLOW.XYZ, a mobile-first frontend for the Allo protocol, aiming to simplify public goods funding with innovative features like single-gesture funding and story-driven discovery, potentially increasing user engagement and attracting mainstream donors. The community response is positive, with excitement about the project's potential and the experienced team involved.

🏷️ Grants - Grant Proposal / Application


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🆕 Lido's "Alliance BORG 2025" Proposal Seeks $300K to Boost stETH Ecosystem and DeFi Collaboration

The proposal \"Alliance BORG 2025\" aims to expand the stETH ecosystem and increase collaboration within the DeFi space, with a budget of $300,000 allocated for various expenses, including a $50,000 increase for security due diligence. The community has reacted positively, supporting the proposal's focus on sustainable growth and collaboration, despite concerns about the increased budget.

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


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🆕 SafeDAO Proposes New Structure to Tackle Voter Fatigue and Boost Grant Decisions

The proposal introduces a Committee and Council structure within SafeDAO's OBRA framework to improve grant allocation by involving domain experts, reducing voter fatigue, and enhancing decision-making, with the Strategy Steering Committee focusing on strategy and the Grants Council managing applications. The community's feedback has been integral to the proposal, which aims to address current inefficiencies, and its success will depend on community acceptance, with further details to be published once ratified.

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


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🆕 SafeDAO Proposal Seeks 30,000 USDC for Ecosystem Vaults on Optimism and Celo

The proposal requests 30,000 USDC to develop Ecosystem Vaults within the Safe ecosystem, aiming to boost user engagement and revenue by offering yield strategies on L2 ecosystems like Optimism and Celo. Community reactions are pending as the proposal is in the pre-voting stage, but it aligns with Safe's strategic goals and is supported by experienced contributors.

🏷️ Grants - Grant Proposal / Application


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🆕 SafeDAO Proposal Seeks $21K USDC for CES During Council Restructuring

The proposal aims to extend the Contribution Efficiency System (CES) for three months to support OBRA operations during a council restructuring, requesting $21,000 USDC to maintain continuity and efficiency. Community reactions are pending as the proposal has not yet been voted on, but past approvals suggest some level of support.

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


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🆕 Gnosis Proposal to Fund DeSciWorld with 150k USDC Sparks Debate on Potential Impact and Risks

The proposal for a Gnosis Improvement Proposal (GIP) suggests funding DeSciWorld with 150,000 USDC to support early-stage DeSci projects on the Gnosis Chain, aiming to develop tools for onchain researchers and increase chain usage. While the potential benefits include a more robust ecosystem and enhanced research capabilities, there is a risk that the funds may not achieve the desired engagement, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum DAO Votes on Proposals for Hackathon, Treasury, and Governance Initiatives

The Arbitrum DAO community is voting on several proposals, including a Hackathon Builder Continuation Program, Treasury Management, ARDC elections, a Governance Bootcamp, and a Domain Allocator Offerings Grant Program, with potential benefits like fostering innovation and enhancing financial oversight, but also challenges in managing large budgets. Community reactions are mixed, with support for innovation and governance initiatives, but concerns about budget management and oversight.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Currently voting
🏷️ Proposal - Seeking feedback


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