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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🆕 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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🆕 Compound Growth Program Interim Extension with $340K USDC Budget Faces Challenges

The interim extension of the Compound Growth Program, running from May 1st to July 1st, 2025, with a $340,000 USDC budget, aims to enhance the Compound ecosystem through mandates like chain success and asset deployment, while some projects are on hold pending the Compound Foundation's establishment. The program includes incentives from Mantle, Optimism, and Ronin, but the discontinuation of the StakedCOMP project may negatively impact stakeholders, and there has been no community discussion or determined next actions.

🏷️ Grants - Grant Program Update


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🆕 Gitcoin April 2025 Meeting: $1.2M Grants Distributed Amid Financial Shortfalls

The Gitcoin Monthly Meeting for April 2025 discussed financial updates, product roadmap, and Gitcoin Grants, highlighting achievements like a $1.2M grant distribution and a $3M commitment from an enterprise partner, but also noted financial shortfalls with Q1 revenue at 50% of the goal and a net profit YTD of -$700K. There have been no community discussions or determined next actions.

🏷️ Grants - Grant Funding


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🆕 LEGO Allocates DAI 500,000 for Ethereum Liquid Staking Ecosystem in Q2 2025

LEGO's Q1 2025 report highlights its contributions to the Ethereum liquid staking ecosystem, including DAI 115,000 in grants, with a consistent budget of DAI 500,000 for Q2 2025, aimed at supporting infrastructure and development. There have been no community discussions or determined next actions.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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