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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🆕 dYdX Announces $20M Surge Program to Boost Trading and Liquidity Starting April 2025

The dYdX Surge Program, starting on April 1, 2025, will distribute up to $20 million in DYDX rewards over nine months to incentivize trading activity, enhance user engagement, and improve liquidity on the platform. The program requires dYdX governance approval and is structured into monthly seasons with rewards for executing taker orders, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Proposal - Seeking feedback


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🆕 Rocket Pool Opens Applications for Bounties in Round 24 to Boost Node Operation and Protocol Quality

Rocket Pool is accepting applications for bounties in Round 24 from April 7, 2025, to May 7, 2025, with structured templates provided to guide applicants in enhancing node operation and protocol quality. The initiative aims to encourage node operation and ensure alignment with Rocket Pool's goals, though there has been no community discussion or determined next actions.

🏷️ Grants - Grants Available


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🆕 Venus Labs Secures $1.7M Funding to Bolster DeFi Innovation and Security in H2 2024

The proposal requests $1,700,000 to reimburse Venus Labs for their work in H2 2024, supporting ongoing innovation and security as the Venus Protocol expands, with strong community support evidenced by 757,691.55 votes in favor and none against. The funding aims to maintain Venus's leading position in DeFi, enhance scalability and interoperability, and support future developments like Venus V5 and multichain deployments.

🏷️ Grants - Grant Funding
🏷️ Proposal - Result: Passed


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🆕 Proposal to Transfer 60,000 OP from DAO Vault to Boost LlamaLend Liquidity on Optimism

A proposal by LlamaRisk suggests transferring 60,000 OP from the DAO vault on Optimism to incentivize LlamaLend markets, aiming to boost liquidity and market stability through a structured distribution of OP tokens over 7 weeks, with security ensured via smart contracts. There has been no community discussion or determined next actions regarding this proposal.

🏷️ Grants - Grant Proposal / Application
🏷️ Security


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🆕 Rocket Pool Opens Applications for Round 24 Retrospective Awards Amid Treasury Constraints

Rocket Pool is opening applications for Round 24 retrospective awards from April 7, 2025, to May 7, 2025, with a focus on supporting node operation and protocol improvement, but treasury constraints favor grants over retroactive awards, potentially limiting funding for some projects. There have been no community discussions or determined next actions.

🏷️ Grants - Grants Available


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🆕 ZKsync Launches $5M Audit Reimbursement Program for 2025 to Boost Protocol Security

The ZIP Audit Reimbursement Program (ZARP) is a $5 million initiative to reimburse security audit costs for ZKsync Improvement Proposals in 2025, aiming to enhance protocol security and ensure public accountability, though it excludes development labor and indirect expenses. There have been no community discussions or determined next actions.

🏷️ Grants - Grants Available
🏷️ Security - Audit


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🆕 Gitcoin Proposal for $1.348M Matching Funds Awaits Quorum with Focus on Fairness and Sustainability

The proposal seeks to allocate $1.348 million in matching funds for the GG23 round to expedite fund distribution and enhance fairness using sybil analysis strategies, with a focus on financial sustainability. The community vote is ongoing, with a majority in favor but not yet meeting the quorum of 2,500,000 votes.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 SafeBlock Seeks $50K xDAI Grant to Integrate CoW Protocol for Enhanced Cross-Chain Swaps

The grant application for SafeBlock, a decentralized multi-DEX aggregator, seeks $50,000 USD in xDAI to enhance cross-chain swaps by integrating CoW Protocol, with milestones focusing on integration, UX/UI upgrades, and marketing. The project aims to improve user security and liquidity access, but there have been no community discussions or determined next actions.

🏷️ Grants - Grant Proposal / Application


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🆕 Uniswap DAO Proposal Seeks $375k to Boost Liquidity in BOB Network Pools, Awaits Quorum

The proposal seeks $375k from the Uniswap DAO to enhance liquidity and user engagement on Uniswap V3 pools within the BOB Network, with BOB committing $500k over six months. While the majority of votes are in favor, the proposal has not yet reached the quorum of 10,000,000 votes, requiring increased voter participation for approval.

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


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🆕 Grants Council Cycle 35 Report: 6 Approved, 6 Deferred, 9 Declined with 2,050.000 OP for TVL Growth

The final report for Cycle 35 of the Grants Council in Season 7 details the approval, deferral, and decline of applications, with 6 approved, 6 deferred, and 9 declined, and a total OP granted for TVL Growth of 2,050.000. The decision not to request additional OP unless necessary may lead to more efficient resource allocation, and there have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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🆕 ENS Labs Seeks $9.7M for ENSv2, Announces Leadership Changes and Transparency Initiatives

The ENS Labs Quarterly Progress Reports highlight a major funding request for ENSv2 Development, leadership changes, and an increased annual budget of $9.7M USDC, with commitments to transparency through quarterly reports starting in Q1 2025. These developments aim to accelerate innovation and improve user experience, though there has been no community discussion or determined next actions.

🏷️ Grants - Grant Funding


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🆕 Balancer Maxis Announces Funding Round with Notable Achievements and Challenges

The discussion focuses on the funding round for Balancer Maxis from Q4 2024 to Q1 2025, highlighting achievements like the launch of Balancer v3 and challenges such as delays in fee processing due to smart contract issues. The community reaction is limited, with one positive response appreciating the transparency and accomplishments, while the team saved $75k USDC, indicating prudent financial management.

🏷️ Grants - Grantee Update


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