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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🆕 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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🆕 Gitcoin Proposes Metrics-Based Retroactive Funding Model for Open-Source Projects

The discussion introduces a metrics-based retroactive funding model for rewarding open-source software projects within the Gitcoin Community, focusing on measurable impact to improve decision-making and sustain community engagement. The community has shown some support for this impact-focused approach, which aims to reduce voter fatigue and enhance funding effectiveness, though no next actions have been determined.

🏷️ Grants - Grant Funding


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🆕 ENS DAO Governance Analytics Platform Proposal Seeks $300K Grant, Awaits Community Input

The proposal by PYOR seeks a $300,000 grant to develop the ENSGov Navigator, a governance analytics platform for the ENS DAO, aiming to enhance governance and tokenholder activation with detailed analytics and open-source development. Despite the potential benefits of improved transparency and engagement, there has been no community discussion on the proposal.

🏷️ Grants - Grant Proposal / Application


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🆕 Proposal to Fund dWeb.host for Improved ENS Infrastructure and SDKs by Q2 2025

The proposal by chomtana seeks $300k-$400k funding to develop dWeb.host, enhancing the ENS dWeb ecosystem by addressing infrastructure gaps like inaccessible ENS websites on IPFS and lacking SDKs, with completion targeted by Q2 2025. The project promises improved deployment and management of decentralized websites, potentially positioning Opti.Domains and Upnode as key contributors, though there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 JustaName Seeks Up to $600K to Enhance ENS Solutions for Decentralized Identity Management

JustaName is seeking $400,000 to $600,000 in funding to enhance ENS-centric solutions for decentralized identity management, aiming to boost ENS adoption and scalability with a commitment to open-source development. The initiative promises significant benefits for the ENS ecosystem, though there has been no community discussion or determined next actions.

🏷️ Grants - Grant Proposal / Application


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