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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🆕 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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🆕 Gitcoin Proposal Seeks Pre-Ratification of $1.348M in Matching Funds for OSS Program Rounds

The proposal aims to pre-ratify $1.348 million in matching funds for GG23 to expedite funding distribution across various OSS Program Rounds, with sybil analysis ensuring fair allocation and increased stablecoin allocation for financial stability. While the majority of votes support the proposal, the quorum of 2,500,000 votes has not been reached, requiring further community participation.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 Jose_StableLab Seeks Role as Grant Steward on CoW Grants Committee to Enhance Protocol Efficiency

JoseStableLab is applying to join the CoW Grants Committee as a Grant Steward, aiming to improve grant allocation, milestone tracking, and governance operations within the CoW Protocol, potentially leading to more efficient resource use and enhanced community engagement. There have been no community discussions or determined next actions regarding this application.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum Hackathon Continuation Program Selects Four Teams for MVP Development

The Hackathon Continuation Program (HCP) supports hackathon builders in developing MVPs and market testing, with four teams selected from the Arbitrum CollabTech Hackathon cohort. Community reactions include questions about the selection process, with clarifications provided by danielo regarding project suitability and the non-inclusion of some original hackathon winners.

🏷️ Grants - Grant Program Update


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🆕 Compound's Migrator Tool Eases Transition to v3 with Multi-Protocol Support, Awaits Security Audit

The \"Migrator\" tool, developed under the Compound Grants Program, aims to facilitate seamless migration of lending or borrowing positions to Compound v3 from platforms like AAVE, Morpho, or Spark, with features like multi-protocol support and Uniswap V3 integration. While it promises increased user adoption and market support, its reliance on a security audit highlights potential risks, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Security - Audit


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🆕 Lido Proposal Seeks $175,200 for D.U.C.K. Knowledge Base and Governance Enhancement Initiative

The proposal by JulianU aims to enhance the D.U.C.K. knowledge base and governance framework with a 6-month initiative, involving a Big Four audit firm and Lionscraft, requesting $75,200 in funding and an additional $100,000 for a grant pool. The initiative could improve credibility and adoption, with limited community reaction but some support noted.

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


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🆕 Arbitrum Proposes $3M Data-Driven Marketing Initiative to Boost dApp Engagement

The proposal aims to enhance user acquisition for dApps and protocols in the Arbitrum ecosystem through a $3 million program led by Patterns, focusing on data-driven marketing strategies to improve user engagement and retention. The community is highly supportive, with strong voting in favor, indicating confidence in the program's potential to boost network usage and set a precedent for other blockchain ecosystems.

🏷️ Grants - Grant Funding
🏷️ Proposal - Result: Passed


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🆕 Gitcoin's GG23 Challenge: Predict Project Funding with Machine Learning for Prizes

The GG23 Predictive Funding Challenge invites participants to predict project funding outcomes using machine learning, offering prizes for top predictions and encouraging creative methodologies. The challenge aims to foster innovation and skill recognition, with no current community discussions or next actions specified.

🏷️ Grants - Grants Available


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🆕 TokenLogic Proposes Aave v3 Integration for DAO Financial Optimization

The April Funding Update by TokenLogic aims to optimize the DAO's financial operations by bridging funds to Ethereum, depositing idle funds in Aave v3, and acquiring GHO for operational needs, with no payment to TokenLogic for the proposal. The community has not engaged in discussions, and no further actions have been determined.

🏷️ Grants - Grant Program Update


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