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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🆕 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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🆕 $25K/Week Security Audit Proposal for Compound by Decurity via Optimism Grant

The proposal by KiTolak suggests Decurity conduct a security audit for Compound, funded by the Optimism grant, with a budget of $25,000 per team week, aiming to enhance security through a comprehensive audit and continuous threat monitoring. The benefits include increased security and trust in Compound's protocol, while there are no reported community reactions or next actions.

🏷️ Grants - Grant Proposal / Application
🏷️ Security - Audit


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🆕 Superchain Grant Criteria Under Scrutiny: Calls for Clearer Guidelines Amid Concerns

The discussion focuses on the criteria for chains to be part of the superchain and eligible for grants, highlighting concerns about chains that received grants but are no longer listed, suggesting possible misallocation of funds. The community reaction is limited, with some agreement on the need for clearer membership criteria to ensure proper resource allocation.

🏷️ Grants - Grants Available


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🆕 Stylus Sprint Approves 17 Projects, Seeks More DAO Funding Amid Budget Squeeze

The Stylus Sprint funding initiative approved 17 out of 147 project submissions, with a request for additional funding from the DAO to support more projects due to budget constraints. The initiative aims to enhance the Stylus ecosystem, but the current budget limits the number of projects that can be funded, and there has been no community discussion on the matter.

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


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🆕 SafeDAO's OBRA Framework Allocates $1M, Faces Criticism for Impact Measurement and Strategy Interest

The OBRA framework, ratified by SafeDAO, allocated $1,050,000 to various initiatives but faced issues like poor impact measurement and lack of interest in some strategies, prompting suggestions for improvements such as KPI-triggered bonuses and a lighter review process for smaller grants. There have been no community discussions or determined next actions regarding these changes.

🏷️ Grants - Grant Funding


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🆕 $3M Arbitrum Program Proposed to Boost dApp User Acquisition, Managed by Patterns

A proposal by kamilgorski aims to enhance user acquisition for dApps and protocols in the $ARB ecosystem through a $3 million program focusing on measurable off-chain and on-chain campaigns, with Patterns managing the initiative. The program could boost user engagement and growth but risks not meeting goals if metrics are poorly implemented, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 ENS Ecosystem Proposes $832k Budget for 2025: Hackathons, Grants, and More Await Community Input

The ENS Ecosystem Working Group has proposed a budget of $832,000 for the first half of 2025, focusing on hackathons, grants, bug bounties, audit support, and community events to foster development, enhance security, and boost community engagement. There has been no community discussion or determined next actions regarding this budget proposal.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Security - Audit
🏷️ Event - Online


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🆕 SafeDAO Forms Strategy Steering Committee to Enhance OBRA and Streamline Grants

The Strategy Steering Committee (SSC) has been established within SafeDAO to guide OBRA, with initial members nominated by the Safe Ecosystem Foundation, aiming to improve impact measurement, attract new builders, and simplify the grant process. The community has not yet reacted, and no further actions have been determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin Community Explores GTC Token Utility Boost with Trust-Weighted Curation and Staking Ideas

The discussion centers on enhancing the utility of the GTC token by 2025, aiming to empower trust, incentivize participation, and ensure sustainability within the Gitcoin ecosystem through initiatives like trust-weighted curation and dynamic incentivization. The community is positively engaged, with members suggesting ideas such as staking for API access and experimental funding rounds, while the Grants Lab will lead utility experiments in the first quarter of 2025.

🏷️ Grants - Grants Available


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