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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🆕 Compound DAO Funding Proposal by rossgates Sparks Debate Over Structure and Flexibility

The proposal by rossgates aims to establish a structured payment mechanism for the Compound DAO to fund teams enhancing the Compound Protocol, with safeguards like token cliffs and vesting to mitigate risks. Community reactions include concerns about the proposal's structure and flexibility, with suggestions for tailored funding approaches and skepticism about managing new teams effectively.

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


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🆕 Aave v3.3 Security Contest: $230K in Prizes, Excludes Insiders for Fair Play

bgdlabs has proposed a $230,000 Sherlock contest for the Aave v3.3 upgrade to enhance security, with $195,000 for prizes and $35,000 for fees, and a $250,000 coverage for findings in the first month, pending governance approval. The contest excludes BGD Labs team members and v3.3 auditors from prizes to prevent conflicts of interest, and there have been no community discussions yet.

🏷️ Grants - Grant Funding
🏷️ Security - Audit
🏷️ Proposal - Seeking feedback


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🆕 Aave Proposes $230K Sherlock Contest to Fortify v3.3 Security Upgrade

The proposal suggests hosting a Sherlock contest with a $230,000 budget to enhance the security of the Aave v3.3 upgrade by involving external experts, which is expected to improve the protocol's robustness. The community has reacted positively, drawing on past successful contests, and if approved, preparations will begin with an AIP for funding.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback
🏷️ Security - Audit


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🆕 Davao DeFi Community Plans Lido Workshop to Boost Staking Knowledge and Engagement

The Davao DeFi Community proposes a workshop on February 08, 2024, in Davao City to educate 30 participants about the Lido Community Staking Module, with a budget of $995.50, aiming to enhance understanding, onboard new node operators, and strengthen community engagement. The community reaction includes support from Stakesaurus, who appreciates the initiative and suggests coordination with the grants committee.

🏷️ Grants - Grant Proposal / Application
🏷️ Event - IRL


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🆕 Arbitrum's 'Trench Operative' Proposal Faces Skepticism Over $36k Funding Request

The proposal by Don1 to create a funded role called \"Arbitrum Independent Trench Operative\" aims to onboard projects and unify the Arbitrum ecosystem, requesting $36,000 for one year. The community is skeptical, questioning Don1's influence and past achievements, and no next actions have been decided.

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


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🆕 Fairlight Seeks Grant for 2025 UX/UI Design Work to Boost CowDAO Efficiency

The discussion is about fairlight's grant application to continue UX/UI Design work in the first half of 2025, with potential benefits including improved user experience and increased design efficiency. There has been no community reaction or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 RPGF Round 5 Funds Boost Protocol Guild and RIG, Community Reaction Minimal

The decision to allocate funds from the RPGF of round 5 to the Protocol Guild (PG) by AndersE and the Robust Incentives Group (RIG) aims to enhance core development and align with community interests, though community reaction has been limited with only one congratulatory response.

🏷️ Grants - Grant Funding


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🆕 Gitcoin Considers Avantgarde Finance for Matching Pool Management; Quorum Yet to be Reached

The proposal involves engaging Avantgarde Finance to manage Gitcoin's Matching Pool assets with a 70% allocation in ETH and 30% in stablecoins to enhance productivity and support long-term grant-making goals. The community is largely in favor, but the proposal has not yet reached the required quorum of 2,500,000 votes for a decision.

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


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🆕 Rocket Pool Seeks Retrospective Award Applications for Work in Early 2025, Leaves Community Guessing on Next Steps

Rocket Pool is accepting applications for retrospective awards for work completed between January 7, 2025, and February 7, 2025, with the aim of supporting node operation, rETH minting, and community quality of life, but there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocketpool Round 21: Proposal for a Dedicated Grant Discussion Space by ShfRyn

The discussion initiated by ShfRyn is about creating a dedicated space for discussions and questions regarding round 21 grant, bounty, and retrospective award applications, aiming to improve clarity and communication in the application process. There have been no community discussions or next actions determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Balancer DAO Faces Funding Crunch: Proposal Seeks 50 ETH for 2025 Operations

The proposal by Xeonus seeks an additional 50 ETH to fund Balancer DAO's on-chain operations for 2025 due to depleted funds and rising gas costs, with a plan for transparent cost management through direct ETH transfers. There has been no community discussion or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocket Pool Opens Grant Applications for Round 21 to Boost Node Operation and rETH Minting

Rocket Pool is accepting grant applications for Round 21 from January 7, 2025, to February 7, 2025, with the aim of improving node operation, rETH minting, and community quality of life through funded projects. The structured application process ensures feasibility and benefits, but there has been no community discussion or determined next actions.

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


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🆕 Rocket Pool Opens Round 21 Bounties: Boost Node Ops, rETH Minting, and Protocol Quality

The discussion is about the application process for Rocket Pool's bounties for Round 21, running from January 7, 2025, to February 7, 2025, with a focus on enhancing node operation, rETH minting, and protocol quality. The process encourages participation and provides structured guidelines, potentially leading to improved network robustness and quality submissions, but there have been no community discussions or next actions determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum Builders Initiative Goes Virtual in Kenya, Boosts Inclusivity and Innovation

The \"Arbitrum Builders Initiative - Campus Tour and Hackerhouse\" engaged Kenyan universities and developers, transitioning to a virtual format for security reasons, which increased inclusivity and resulted in 23 project submissions, with 11 advancing to the Umojaverse Acceleration Program. The initiative aims to scale the program, expand geographically, and foster advanced skills, with no current community discussions or next actions determined.

🏷️ Grants - Grant Program Update
🏷️ Event - Online


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