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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📡 Update From the Grant Wire 📡

https://x.com/0xbilll/status/1875358369843941506
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🆕 Polygon Proposes $3M Liquidity Boost with Aave Amid Mixed Community Reactions

A proposal by the Polygon Community Treasury Board suggests a $3 million joint liquidity incentive program with Aave to boost liquidity and adoption on the Polygon PoS chain, with mixed community reactions as the vote is closely contested. If approved, the next steps involve allocating funds, designing the program, and launching it with ongoing monitoring and adjustments.

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


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🆕 CoW Protocol seeks 12,000 xDAI grant for ethers.js upgrade; community mildly supportive

The discussion is about a grant application to upgrade the CoW Protocol SDK from ethers.js v5 to v6, aiming to improve developer flexibility, code quality, and reduce technical debt, with a total request of 12,000 xDAI divided into two milestones. The community reaction is limited but supportive, with validation from Chim9 allowing further progress.

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


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🆕 CowDAO Proposes SDK Upgrade to Ether-V6 with 15k EURO Request, Community Weighs In

The grant proposal discusses upgrading the Cow Protocol's SDK from ether-V5 to ether-V6, aiming to improve performance and compatibility, with a funding request of 15,000 EURO in xDAI token. Community reactions are limited, with suggestions for milestone-based payments and alternative library considerations, but no definitive next actions have been decided.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Changes - Technical Change


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🆕 Chaos Labs Proposes $1.5M DYDX Token Distribution to 3,007 Users with Anti-Gaming Measures

The proposal by Chaos Labs involves distributing $1.5 million in DYDX tokens to 3,007 users as part of the dYdX Chain Incentives Program, ensuring fair distribution by analyzing trading data to avoid artificial trading, with transparency provided through the dYdX Chaos Labs Risk Portal and community engagement via an on-chain voting proposal. There have been no community discussions or determined next actions.

🏷️ Grants - Grants Available
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Token Distribution


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🆕 Optimism Grants Council Season 7 Targets Transparency and TVL Boost on Superchain

The Optimism Grants Council for Governance Season 7 aims to enhance transparency and accountability in the grant application process, reduce delegate workload, and potentially increase the Total Value Locked (TVL) on the Superchain, with no current community discussions or next actions specified.

🏷️ Grants - Grant Proposal / Application


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🆕 Simplifying ENS Governance Token Grants with Hedgey Finance: A Guide by estmcmxci

The guide by estmcmxci on managing ENS governance token grants via Hedgey Finance aims to simplify access, enhance participation, and improve management of token allocations, following the approval of EP 5.19 and EP 5.26. There have been no community discussions or next actions determined.

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


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🆕 Optimism in Season 7: Grants Council's New Procedures Aim to Boost TVL and Trust

The Internal Operating Procedures for the Grants Council in Season 7 aim to enhance TVL across the Superchain by improving communication, feedback, and transparency, with structured cycle management and decision-making processes. While these measures could lead to more effective grant management and increased trust, the decision-making requirements might slow down processes, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Program Update


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🆕 Aave Grants DAO Shuts Down: Debates on Treasury Redistribution Begin

The Aave Grants DAO (AGD) has ceased operations as of August 2024, with discussions ongoing about redistributing its remaining treasury assets, which could create new opportunities for incentive programs but may also leave a funding gap for projects that relied on AGD support. Community reactions are limited, with some support for the wind-down and suggestions for managing the treasury assets.

🏷️ Grants - Grant Funding


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🆕 Retro Funding Season 7: Balancing Objectivity and Decentralization with Metrics-Driven Approach

The discussion is about implementing a \"metrics-driven, humans in the loop\" approach for Retro Funding Season 7, using an Evaluation Algorithm to assess impact, with concerns raised about centralization and restricted proposal rights. While the approach aims to improve objectivity and efficiency in funding decisions, the community, particularly mel.eth, criticizes it for contradicting decentralization principles and calls for more transparency and open proposal rights.

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


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🆕 M&M Council Optimistically Refines Procedures for Season 7 Milestone Tracking

The Milestones and Metrics Council (M&M Council) is refining its internal procedures for Season 7 to improve communication, cycle management, and workflow efficiency in tracking grant milestones, with no current community discussions or next actions determined. These procedures aim to enhance milestone tracking and issue resolution through structured processes and tools like Charmverse.

🏷️ Grants - Grant Program Update


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🆕 ENS Service Provider Program Renewal Faces 1M Vote Quorum Challenge

The proposal by AvsA is to hold a social vote on renewing the Service Provider Program for the ENS system, which aims to support developers and companies through funding, with budgets ranging from $300k to $1.3M per year. The program could enhance diversification and decentralization of the ENS ecosystem, but the requirement for a 1M ENS vote quorum may pose a challenge, and there has been no community discussion or determined next actions.

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


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🆕 Uniswap Growth Program's $800k Boost Spurs Volume Surge Amid Mixed Reactions

The Uniswap Growth Program's first quarterly update reveals over $800,000 in incentives from blockchain ecosystems like Optimism, zkSync, and Boba, leading to increased trading volume and TVL, with potential benefits from partnerships and co-marketing efforts. Community reactions are limited, with some questioning the attribution of increased volume to incentives and others supporting the use of UNI as collateral.

🏷️ Grants - Grant Program Update


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🆕 Arbitrum DAO Greenlights $1.5M Budget for 2025 Community and Ecosystem Events

The Arbitrum DAO approved a $1.5 million budget for 2025 to fund events aimed at enhancing community engagement and ecosystem growth, prioritizing educational workshops on Arbitrum technologies and Ethereum-native events. The funding proposals require a Snapshot vote with at least 3% of the votable token supply and a simple majority to pass, with no current community discussions or next actions determined.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Lido Impact Staking and UNHCR Switzerland Team Up for Digital Philanthropy Platform Launch in 2025

The proposal by Rajesh involves a collaboration between Switzerland for UNHCR and the Lido Impact Staking team to create a digital asset philanthropic platform using Lido's staking middleware, with a $5,000 grant requested for onboarding and a launch planned for early Q1 2025. The initiative aims to position UNHCR as a leader in digital philanthropy by attracting new funds from crypto holders, though challenges may arise in integrating with existing systems, and there has been no community discussion on the proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocketpool Grants Round 20: $302,970 Approved, LocalAgent Proposal Rejected

The discussion centers on the conclusion of Round 20 Grants/Bounties/Retrospective Awards by the Grants Management Committee, with awards becoming official on February 9, 2025, unless contested, and includes updates on member hours, a new compensation system, and project approvals totaling $302,970. The LocalAgent proposal was declined, and there have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 Lido DAO Proposal: $10K Sponsorship for Serbian Engineering Academy by omodaka

omodaka is seeking a $10,000 sponsorship from Lido DAO to establish an engineering academy in Serbia focused on Lido technology, aiming to develop talent and increase Lido's brand visibility in the Web3 education sector. The community has not yet discussed this proposal, and no further actions have been outlined.

🏷️ Grants - Grant Proposal / Application


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