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 Growth Proposal: AlphaGrowth's $5.35M Plan to Boost TVL by $750M in 2025

The proposal by AlphaGrowth for the 2025 Compound Growth Program aims to enhance Compound's long-term growth by refining strategies, reducing responsibilities, and implementing a structured payment system, with a budget of $5,351,940 and a focus on increasing TVL by $750M. The community response is generally supportive, with endorsements from stakeholders like Beefy DAO and DeFi Dojo, highlighting AlphaGrowth's strategic contributions and successful collaborations.

🏷️ Grants - Grant Proposal / Application


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🆕 Protofire DAO Proposes Safe Multisig for Lido Testnet Transition with $16K Budget

The proposal by IvanProtofire from Protofire DAO is to deploy a Safe Multisig wallet on the Ethereum testnet \"Hoodi\" to transition Lido testnet operations from Holesky, with a budget request of $16,000 for deployment and support, and no community discussions have occurred. The deployment aims to ensure continuity and stability, leveraging Protofire DAO's experience, with a target go-live date of March 24.

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


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🆕 Compound.blue Seeks $100K to Boost UX with AAVE v3 and Morpho Integrations

Compound.blue, a project by PaperclipLabs in collaboration with Compound, Morpho, and Polygon, aims to enhance user experience and expand market reach by introducing features like the AAVE v3 Position and Liquidity Migrators, with a funding request of $100,000 USD. The project emphasizes scalability and transparency, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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📢 Hey Crypto Grant Wire fam! 📢

After a 2-year hiatus, I'm returning to my Substack tomorrow with "Reigniting the Signal".

Your shares, comments, and feedback would mean a lot as I restart this conversation.

Link drops tomorrow! Subscribe to the Substack at the link 👇

https://sovereignsignal.substack.com/
🙏3
🆕 Chaos Labs Proposes $1.5M DYDX Token Distribution to Over 3,000 Users

The proposal by Chaos Labs involves distributing $1.5 million in DYDX tokens to 3,103 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. The community has not yet engaged in discussions, and no further actions have been determined.

🏷️ Grants - Grant Funding
🏷️ Newsworthy - Token Distribution


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🆕 Lighthouse Labs Seeks $400K to Enhance ENS Governance with New App Features

The proposal by Arnold for Lighthouse Labs seeks $400,000 to enhance the Ethereum Name Service (ENS) governance ecosystem by integrating ENS-specific features into their app, with plans to expand their team and commit to open-source work. The community has shown some engagement, with daostrat.eth confirming eligibility for the ENS Service Provider Program, but the substantial funding request could be contentious if outcomes are not met.

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


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🆕 Morpho Proposes $100K "Risk Engine" to Secure Yield-Bearing Assets in Exchange Rate Markets

The proposal by woz aims to create a \"Risk Engine\" for yield-bearing assets to enhance security in Morpho's exchange rate markets by mitigating positive-price-swing attacks, with a development schedule of nine weeks and a funding request of $100,000. The initiative promises scalability, configurability, and open-source collaboration, but there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 GnosisDAO Proposal Seeks $29,400 to Develop GnosisGov Navigator for Improved Governance

The proposal by AakashPYOR for GnosisDAO involves funding the development of the GnosisGov Navigator to improve governance by centralizing delegate information and automating notifications, with a budget of $29,400 for a year-long project. The initiative aims to enhance delegate participation, reduce research time, and improve transparency, but there has been no community discussion or determined next actions.

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


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🆕 Morpho Proposal for $100K Open-Source Frontend on Polygon Faces Quorum Challenge

The proposal aims to allocate $100,000 to Paperclip Labs for developing an open-source frontend for Morpho on Polygon, enhancing migration tools and leveraged position management, with $20,000 addressing a previous grant shortfall. While the community supports the proposal with unanimous votes, the voter turnout is insufficient to meet the quorum of 500,000 votes needed for approval.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 Arbitrum DAO Hosts Web3 Hacker House 2024 on Sepolia Testnet with Limited Feedback

The web3 Warri Arbitrum Hacker House 2024, part of the Arbitrum DAO’s QuestBook Round 2, focused on developing decentralized applications on the Arbitrum Sepolia testnet, with projects like Fundara and Beta Vote offering potential advancements in disaster reporting and voting transparency. The event, supported by a $9,950 budget from the Arbitrum DAO, received limited community feedback, with some participants facing hosting issues, and future plans include a cohort-based workshop and a proposal for long-term sustainability goals.

🏷️ Grants - Grant Funding
🏷️ Event - IRL


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🆕 Arbitrum Foundation's 2024 Report Highlights Ecosystem Growth and 250M ARB Budget for Development

The Arbitrum Foundation's 2024 Annual Transparency Report details achievements in ecosystem growth, developer education, technical advancements, and DAO support, including grants for 276 projects and strategic partnerships with a 250M ARB budget. The report suggests potential positive impacts on innovation and adoption in DeFi, gaming, and NFTs, with no noted community discussions or next actions.

🏷️ Grants - Grant Program Update


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🆕 dYdX proposal for $10M trader incentive program to boost platform activity

The proposal by cryptoplaza suggests launching a $10 million funding program to attract profitable traders to a derivatives platform, aiming to increase trading activity and sustain engagement through profit-sharing, though challenges include fund allocation and effective ranking creation. There have been no community discussions or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Gitcoin Grants 23 Introduces Enhanced Quadratic Funding with $1.348M Matching Pool

The discussion focuses on the setup and evaluation process for Gitcoin Grants 23, scheduled from April 2 to April 23, with a $1.348 million matching pool and a Sybil-resistance-enhanced Quadratic Funding model to ensure fair distribution. The community has shown appreciation for the detailed process and the introduction of a Retro Funding Round, which allocates $600,000 to top OSS projects.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 SafeDAO Proposal Seeks $220K for Enhanced Multi-Sig Wallet Security and Revenue Boost

The proposal by peersky for an Ethereum Distribution System aims to enhance the Safe ecosystem by providing secure and efficient management of multi-signature wallet contracts, with Peeramid Labs requesting $220,000 USDC or 500,000 SAFE for development and support. The proposal promises increased DAO revenue and improved security, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application
🏷️ Security


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🆕 Proposal for Lido Finance Partnership with IRONBALL.xyz for stETH Fundraising Model

The proposal by elvinli suggests a partnership between IRONBALL.xyz and Lido Finance to use stETH for sustainable fundraising, requesting Lido's support through co-marketing and a $120,000 grant, with the project already in public preview. The community reaction is limited, with a suggestion to clarify the added value for Lido DAO, and the potential benefits include increased stETH adoption and a new fundraising model, while risks involve not meeting partnership goals.

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


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