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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🆕 Arbitrum's Questbook DDA: $4M in Grants, Innovation Boosted, but Scams Loom

The Questbook Domain Allocator (DDA) program allows DAO-elected Domain Allocators to distribute grants up to $50,000 to various projects, with $4 million allocated so far, and has positively impacted innovation and community growth, though it faces challenges like scams and the need for clearer guidelines. Community reactions are mixed, with success stories and concerns about management and unpaid contributors, highlighting areas for improvement in support and communication.

🏷️ Grants - Grant Funding
🏷️ Grants - Grants Available


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🆕 Recognised Delegates Scheme to Enhance Governance in CowDAO with Intro Post Requirement

The Recognised Delegates Scheme aims to boost governance participation by requiring individuals to submit an introduction post for review by the GrantsDAO committee, potentially leading to more informed decisions and higher accountability. There have been no community discussions or next actions determined.

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


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🆕 Uniswap Proposal: Fast-Track Funding Risks Future Planning for Quick Gains

A proposal by alphagrowth, PGov, and AranaDigital suggests using the UAC's $2,936,333 surplus to quickly fund co-incentive campaigns, like matching $250,000 for EtherFi on Uniswap, by shortening the decision process to a few days with internal approval. While this could enhance onchain liquidity and capitalize on timely opportunities, it risks less thorough proposal vetting and potential depletion of funds needed for future initiatives, with no current community discussions or next actions noted.

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


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🆕 Optimism's $8M Retro Funding Proposal for Dev Tools Needs More Votes to Pass

The proposal aims to integrate Retro Funding for Dev Tooling into Optimism's Mission Framework, offering up to 8 million OP tokens to support developers in creating open-source toolchain software for onchain applications, potentially enhancing innovation and efficiency on the Superchain. While the community's initial response is positive, with all three votes in favor, the proposal has not yet reached the required quorum of 30 votes, necessitating further community engagement and approval from the Citizens’ House for the mission's scope and budget.

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


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🆕 Optimism's Retro Funding Initiative Eyes 8M OP for Cross-Chain Innovation, Faces Low Community Engagement

The "Retro Funding: Onchain Builders" initiative under the Optimism Collective aims to reward projects enhancing cross-chain interoperability and Superchain growth, with a proposed budget of up to 8 million OP tokens for Season 7. While the initiative could drive innovation and increase TVL, community engagement is currently low, with only three favorable votes and a quorum of 30 votes needed for approval.

🏷️ Grants - Grants Available


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🆕 Devcon Scholars Propose Data-Driven Enhancements to Gitcoin's Quadratic Funding, But Beware of Biases

The study from the Devcon Scholars Program aims to improve Quadratic Funding for public goods in the web3 ecosystem by using data-driven tools to provide objective evaluations of OSS grantees, enhancing transparency and accountability. While the approach empowers grantee discovery and introduces metrics like Impact Efficiency Per Contributor, it may also introduce biases and overlook qualitative factors; community reactions and next steps are not specified.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin's Cookie Jar: Monthly ETH Perk for Employees with Decentralization on the Horizon

Gitcoin's Cookie Jar, developed by Allo Lab, allows full-time Gitcoin employees to claim 0.0069 ETH monthly for activities supporting Gitcoin, with initial funding of 0.05 ETH by owocki and plans for future decentralization of oversight. The community is engaging positively, with suggestions for expansion and donations, though there is a risk of fund misuse being monitored.

🏷️ Grants - Grant Funding


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🆕 dYdX DEP Seeks $4M from Treasury SubDAO for 14-Month Project Funding, Awaits Community Input

The dYdX Ecosystem Development Program (DEP) is requesting $4 million from the Treasury subDAO to continue funding projects for 14 months, with past grants totaling over $13 million supporting various developments; the proposal also includes changes to the dYdX Grants Trust. The funding aims to enhance the dYdX platform and governance, but there has been no community discussion or determined next actions.

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


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🆕 Arbitrum Community Debates Developer Grants vs. Marketing Focus; Governance Call Scheduled

The discussion centers on whether the Arbitrum ecosystem should shift focus from developer grants to marketing to boost user engagement, with mixed community reactions due to potential resource allocation challenges and historical spending patterns. LunarStrategy is invited to share insights in a governance call on Tuesday at 04:00 PM UTC, but no further actions have been decided.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback
🏷️ Event - Online


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🆕 GIP-119: Funding DeSciWorld to Boost Early-Stage DeSci Projects on Gnosis Chain Needs More Votes

GIP-119 proposes funding DeSciWorld with $150,000 to establish a grants program for early-stage DeSci projects on the Gnosis Chain, aiming to enhance the ecosystem by attracting researchers and increasing platform usage. The community response is positive, but more votes are needed to reach the quorum of 75,000 for approval.

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


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🆕 Aave Proposal: Karpatkey Seeks 250K GHO for Gnosis Chain Expansion, Faces Community Queries

The proposal by Karpatkey aims to enhance GHO's market presence by expanding its supply and utility on the Gnosis Chain, with a budget request of 250K GHO over six months, and involves managing a 5M Aave treasury for market-making activities. Community engagement is limited, with EzR3aL seeking clarifications on KPIs, communication plans, and funding allocation, which will influence their voting decision.

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


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🆕 Morpho Protocol's Multichain Expansion Proposal Sparks Community Support and Debate

The discussion is about a proposed framework for deploying the Morpho Protocol across multiple blockchain networks, encouraging independent contributors to innovate with potential grants, though initial lack of frontend support and MORPHO rewards may deter some participation. The community generally supports the proposal, emphasizing the need for guidelines and infrastructure development, with suggestions for incentivizing builders and including Zircuit in the initial deployment.

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


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🆕 Arbitrum's DIP v1.5: Boosting Delegate Engagement with $224K Incentive Plan

The Delegate Incentive Program (DIP) version 1.5 for November 2024, led by SEEDGov and Karma, aims to enhance delegate engagement and transparency through improved compensation management tools, with 41 delegates eligible for compensation totaling 224,659.40 USD. Community reactions include inquiries about proposal scores and the role of AI, with ongoing efforts to integrate AI for task simplification and ensure smooth transitions for future service providers.

🏷️ Grants - Grant Funding
🏷️ Delegate - Reasoning/Justification
🏷️ Proposal - Seeking feedback


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🆕 ENS Proposal for $240k Legal Fee Reimbursement Moves Forward, Sparks DAO Legal Fund Debate

The proposal by ethlimo.eth seeks reimbursement of $240,632.38 USDC for legal fees incurred by eth.limo due to legal challenges in operating gateway services, with the community largely supporting the proposal while raising concerns about the sustainability of such reimbursements and suggesting the creation of a DAO legal fund. The proposal has passed a temperature check and will proceed to the executable stage, with ethlimo.eth planning to provide further details in a future post-mortem.

🏷️ Proposal - Result: Passed
🏷️ Proposal - Seeking feedback
🏷️ Grants - Grant Funding
🏷️ Changes - Legal


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🆕 ENS DAO Faces $250K Legal Fee Reimbursement Proposal for eth.limo Services

The proposal by ethlimo.eth seeks reimbursement of $250,000 USD in legal fees from the ENS DAO treasury to support the continued operation of the eth.limo/eth.link gateway services, highlighting the financial and emotional burdens of legal compliance. The community reaction includes limited engagement, with some approval expressed, but there is concern about setting a precedent for future financial requests from the treasury.

🏷️ Proposal - Seeking feedback
🏷️ Grants - Grant Funding
🏷️ Changes - Legal


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🆕 GFX Labs Backs Morpho's Multichain Leap with $500K Incentive, Awaits Community Input

GFX Labs proposes to support Morpho's multichain expansion by integrating UI support and collaborating with blockchain partners, involving a $400,000 transfer in MORPHO tokens and an additional $100,000 contingent on reaching a $100,000,000 TVL milestone. The expansion could enhance Morpho's market presence, but financial risks exist if targets are unmet, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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