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 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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🆕 Lido Grant Proposal Seeks EUR 97K to Boost Staking Module Integration and Decentralization

The grant proposal by daGscheid seeks EUR 97,240 to enhance Lido's Community Staking Modules integration into Stereum, focusing on improving node operation accessibility and management through on-chain interactions and a full-featured operator UI. The proposal aims to advance decentralization and user accessibility in the staking ecosystem, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 Unruggable" Proposal: DAO Funding Tied to Milestones with ENS Token Streams

The proposal for \"Unruggable\" by clowes.eth seeks DAO funding to enhance project accountability through milestone-based Superfluid USDC and Hedgey ENS token streams, with the ability to cancel if promises are unmet, aiming for key milestones by 2025. While the proposal could improve transparency and community collaboration, there is a risk of funds being returned if milestones are not achieved, and there have been no community discussions or next actions determined.

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


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🆕 Grants Council Season 7: Self-Nominations Open, Optimism for Diverse Representation

The discussion is about the self-nomination process for four elected positions on the Grants Council's Season 7 Final Reviewers, with nominations due by 19:00 GMT on January 3rd, and MattGov.eth has already submitted a nomination. The process could lead to increased participation, diverse representation, and enhanced accountability, but there has been no community discussion yet.

🏷️ Grants - Grant Proposal / Application


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🆕 Grants Council Seeks Optimistic New Talent: Season 7 Ops Nominations Open

Self-nominations are open for the Season 7 Operations position on the Grants Council, with a deadline of 19:00 GMT on January 3rd, potentially increasing participation and diversity in governance. There have been no community discussions or next actions determined.

🏷️ Grants - Grants Available


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🆕 Season 7 Grants Council Election Promotes Optimism with Approval Voting and OP Honorarium

The Season 7 Election for the Grants Council, held from January 9th to January 15th, involves selecting candidates for roles like Operations, GrantNerds, and Final Reviewers, with an approval voting mechanism and an honorarium in OP. The election aims to enhance expertise, community engagement, and transparency, but there have been no community discussions or next actions determined.

🏷️ Grants - Grant Proposal / Application


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🆕 GrantNerds Season 7: Optimistic Push for Diverse Representation and Transparency in Self-Nomination Process

The discussion is about the self-nomination process for the Season 7 GrantNerds on the Grants Council, requiring candidates to follow a specific template and meet eligibility criteria by January 3rd. The process aims to increase participation, ensure diverse representation, and enhance transparency, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 dYdX Season 8 Ends Early for DRC Proposal, Faces Criticism Over Resource Use

The discussion is about the early conclusion of Season 8 of the dYdX Incentive program to accommodate the DRC proposal, with performance reviews and proposed distributions expected by 19 and 20 December 2024. Community reaction is limited, with criticism from olegas regarding the program's inefficacy and resource wastage.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Seeking feedback


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