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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🆕 Recommendations to Boost Arbitrum's DAO Grant Programs Efficiency and Innovation

The discussion focuses on recommendations to improve Arbitrum's DAO grant programs, suggesting governance enhancements, error corrections, success metrics, and increased post-grant support to establish Arbitrum as a leading hub for innovation. The proposed changes aim to enhance program efficiency and effectiveness, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Seeking feedback


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🆕 Lido Proposes $10.6M Plan to Boost stETH Adoption and Market Share

The proposal by lidoecosystem-ops seeks $10.6 million to boost stETH adoption, aiming for a 30%+ market share, institutional inflows, and brand recognition through strategic initiatives, with funds managed via Easy Track motions to a multi-sig wallet. There is no community feedback or next steps outlined yet.

🏷️ Grants - Grant Proposal / Application


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🆕 Balancer Foundation Proposes Leaner $237,600 Budget for Year Four, Managed by Danko

The proposal discusses funding for the Balancer Foundation's fourth year, with a reduced budget of $237,600 to support the Balancer Ecosystem's growth, managed by Danko, and handled through a specific multisig address for USDC transactions. While the reduced budget aims for resource efficiency, it may also limit the Foundation's capacity to handle unforeseen expenses, and there has been no community discussion or determined next actions.

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


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🆕 Aavegotchi Proposal Seeks 400K GHST for GOTCHI Points, Faces Quorum Challenge

The proposal aims to allocate 400,000 GHST for the GOTCHI Points campaign to simplify the Aavegotchi ecosystem by phasing out certain tokens, with the community largely in favor but needing more votes to meet the quorum requirement. If approved, it will incentivize players and set the stage for future changes, while failure will result in campaign cancellation and asset returns.

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


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🆕 Compound Grants Program Revamp Targets Popular Product Adoption

The Compound Grants Program is being updated to prioritize widely-used products, aiming to increase adoption, improve grant deliverables, and enhance community satisfaction, though there have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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🆕 ENS DAO Service Provider Program Season 2: Detailed Application Process Unveiled

The ENS DAO Service Provider Program for Season 2 requires applicants to follow a detailed application process, including specific templates and eligibility criteria, to ensure transparency, accountability, and high-quality submissions. The process involves a review by MetaGov and a public feedback period, but there have been no community discussions or next actions determined.

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


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🆕 Gitcoin Proposal: $30k to Educate Spanish Speakers on Decentralized Governance

The proposal by RobertoSanz aims to create educational content to boost awareness and participation in the Gitcoin ecosystem among Spanish-speaking users, with a budget of USD 30,000 in USDT for content development and distribution from March to August 2025. The initiative seeks to enhance understanding and adoption of Gitcoin's tools and decentralized governance, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 BIP-792: Omni-Multisig to Boost Balancer V2 Efficiency on Gnosis Chain

The proposal "BIP-792 Grant setTokenCacheRateDuration Permissions to Omni-Multisig for Balancer V2 Pools on Gnosis" seeks to improve the efficiency and testing of Balancer V2 pools on the Gnosis Chain by allowing the omni-chain multisig to adjust the tokenCacheRateDuration, particularly benefiting the sDAI/EURe pool. The community has shown unanimous support for this change, which aims to enhance capital efficiency and reduce the need for continuous migrations, with the next step being the DAO Multisig on Gnosis Chain granting the necessary permissions.

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


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🆕 Gitcoin GG23: Community Rounds Unveil $130K Grant Ships Platform for Project Boost

The announcement of the Community Rounds for GG23, using the new Grant Ships platform, involves six selected projects receiving $21,000 each from a $130,000 pool, with a community vote post-GG23 to determine top performers for GG24. The community has reacted positively, expressing excitement and gratitude for the initiative and the potential impact on the projects and broader ecosystem.

🏷️ Grants - Grants Available
🏷️ Grants - Grant Funding


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🆕 Gitcoin Proposal Seeks $1.348M Pre-Ratification for GG23, Tackles ETH Volatility with Stablecoins

The proposal by MathildaDV seeks pre-ratification of $1.348 million in GG23 matching funds from the Gitcoin.eth multisig to expedite funding, with allocations for OSS Program Rounds, Community Rounds, and a GTC Utility experiment, while addressing ETH volatility by suggesting increased stablecoin allocation. The community has not yet discussed the proposal, and no next actions have been determined.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum's STEP Update: Transparency Boosted with Dune Dashboard and PDF Statement

The February update for Arbitrum's Stable Treasury Endowment Program (STEP) includes a PDF statement and Dune dashboard for enhanced transparency, with financial adjustments like refunds from OpenEden and Backed potentially benefiting the STEP wallet. The successful transition of the BUIDL position to Arbitrum may improve operational efficiency, but there have been no community discussions or determined next actions.

🏷️ Grants - Grants Available


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🆕 SafeDAO Strategy Steering Committee Explores Security Enhancements via OBRA Grant Program

The discussion led by amanwithwings from the Strategy Steering Committee is about enhancing the security of products on the Safe tech stack through the OBRA grant program, with proposed strategies like community-nominated RFPs and audit subsidies, aiming to improve funding efficiency and community involvement. There have been no community discussions or determined next actions yet.

🏷️ Grants - Grant Program Update
🏷️ Security - Audit


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🆕 Uniswap DAO Faces Split Decision on $250K Liquidity Incentive Proposal for Saga Pools

The proposal requests $250,000 in UNI tokens from the Uniswap DAO to support liquidity incentives for Uniswap v3 pools on Saga, aiming to enhance liquidity and attract diverse LPs, with potential benefits including increased transaction volume and valuable data on scalable AMM designs. The community is divided, with votes currently against the proposal outnumbering those in favor, and an on-chain vote is scheduled for March 19, 2025, requiring more participation to reach a quorum.

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


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🆕 PolySwap Seeks CowDAO Grant to Automate DeFi Swaps with Predictive Markets

PolySwap is a project seeking a grant to automate DeFi swaps using predictive markets, initially operating on Base with plans to expand to other chains, aiming to enhance trading efficiency and risk management. There is no community feedback or determined next actions at this time.

🏷️ Grants - Grant Proposal / Application


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🆕 ethlimo.eth Seeks $600k-$800k for ENS Gateway Upgrade; No Community Discussion Yet

ethlimo.eth is applying for the ENS Service Provider Program, Season 2, requesting $600k-$800k to enhance their eth.limo gateway service with improved infrastructure, security, and real-time monitoring. While the funding could significantly benefit users, the high request may raise concerns about financial sustainability, and there has been no community discussion on the matter.

🏷️ Grants - Grant Proposal / Application
🏷️ Security - Audit


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🆕 Balancer Proposal Aims for Expansion with Budget Constraints and Team Downsizing in 2025

The proposal by 0xDanko for Balancer OpCo seeks to extend product development services in Q2 2025 with a budget of $113,602 and 3,438 BAL for staff grants, focusing on enhancing user experience and supporting new pool types while relying on existing resources to avoid additional DAO Treasury funding. The plan includes significant team changes and downsizing, which may challenge service maintenance, but there has been no community discussion or determined next actions.

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


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🆕 Gitcoin March Meeting: Financial Hurdles, EthDenver Success, and a $3M Deal in Progress

The Gitcoin Monthly Meeting for March 2025 discussed financial challenges due to declining token prices, with plans to diversify holdings and optimize yield, while also highlighting the success of the EthDenver event and ongoing efforts to close a $3M deal. Gitcoin Grants 23 provided substantial funding, but challenges remain with delayed incentives and unfinalized partnerships, and there have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update


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