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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🆕 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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🆕 Lido Alliance BORG Seeks 300k DAI for stETH Ecosystem Expansion, Community Shows Strong Support

The proposal requests 300k DAI to fund the Lido Alliance BORG's activities through 2025, aiming to expand stETH's ecosystem and support decentralized validation on Ethereum. The community is strongly supportive, with all votes cast in favor, and the decision will be finalized through a Snapshot vote by LDO holders.

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


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🆕 Arbitrum DAO Grant Program Returns for Season 3 with Focus on Innovation and Community

The Arbitrum D.A.O. Grant Program is being renewed for its third season, focusing on areas like new protocols, education, and community growth, with leadership by JoJo and a structured timeline for candidacy and elections. The program offers economic incentives with monthly salaries for Domain Allocators and the Program Manager, aiming to support innovation and community engagement, though there have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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🆕 Lido's 21.6M DAI Proposal Gains Unanimous Support for Governance and Security Boost

The proposal seeks 21.6 million DAI in grant funding for the Lido Contributors Group to enhance governance, decentralization, and security through initiatives like dual governance and node operator onboarding, with community support evident from unanimous voting in favor. If approved, funds will be allocated to specific entities with provisions for transparency and accountability.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Compound V3 to Launch on Linea with MetaMask and MasterCard Crypto Debit Card Collaboration

The proposal to deploy Compound V3 on Linea involves a partnership with Linea, MetaMask, and MasterCard for a Crypto Debit Card initiative, aiming to enhance COMP token liquidity and increase cToken utility by turning debit card accounts into interest-bearing savings accounts. The deployment, funded by the Compound Growth Program and a $150,000 grant, requires new development, with no community discussions or next actions determined yet.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Stabila Foundation Proposes $855k Incentive Package to Boost Uniswap Liquidity on Celo

The Stabila Foundation proposes $250k in UNI incentives and $105k for Oku deployment to boost stablecoin liquidity on Celo, with an additional $500k in CELO incentives, aiming to enhance financial access and expand Uniswap's reach. The community's response is pending, with key decision dates set for December 2023, and incentives starting after Celo's L2 migration in Q1 2025.

🏷️ Grants - Grant Proposal / Application


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🆕 Vitalik Buterin's "Deep Funding" Distributes $170k in ETH for Open Source Innovation

Deep funding,\" initiated by Vitalik Buterin, is a new funding model for open source software, distributing $170k in ETH to support Ethereum dependencies, with potential expansion to other fields like scientific research. The initiative encourages innovation by rewarding open source model submissions, but there is no community feedback or next actions determined yet.

🏷️ Grants - Grant Funding


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🆕 Builder Grant Deadline Set for May 2025: Plan Your Milestones Wisely!

The discussion clarifies that the deadline for a builder grant created in season 5 is May 8, 2025, based on the approval date, ensuring recipients like 0xR understand the timeline for milestone delivery. There is no community reaction, and Gonna.eth advises reporting at least 10 days before the deadline and tagging Pgov in proposal comments.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin Proposal: Neural Network-Driven Funding by DistributedDoge Sparks Interest

The proposal by DistributedDoge for an \"Adaptive Deep Funding\" mechanism aims to give Gitcoin donors more control over funding allocations by allowing them to influence funding through a neural network, potentially leading to more targeted and efficient funding outcomes, though it may introduce complexity and risk of project fragmentation. There has been no community discussion or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application


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