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 STEP Update: Enhanced Transparency with Reporting, Analytics, and Yield Comparisons

This is an update on Arbitrum’s Stable Treasury Endowment Program (STEP) by steakhouse, highlighting enhanced transparency through detailed reporting, analytics, and yield comparisons, as well as the approval of STEP 2 application recommendations. There are no reported costs or community reactions, and no next actions have been set.

🏷️ Grants - Grant Program Update


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🆕 Review of ENS SPP Applications Highlights Infrastructure Funding and Web3.bio’s SPP2 Proposal

This discussion reviews nick.eth’s evaluation of ENS SPP service provider applications, highlighting the potential benefits of funding key infrastructure and innovative tools, as well as the introduction of Web3.bio’s SPP2 application. Community response has been minimal, with only web3bio engaging to promote their platform.

🏷️ Grants - Grant Proposal / Application


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🆕 Proposal to Allocate Superfluid Tokens for Season 2 Community Activations and Referral Campaign on Base Network

polium proposes allocating Superfluid tokens to the Superfluid Foundation Marketing team for Season 2 Community Activations, aiming to incentivize new user actions, cross-app engagement, and support for smaller apps through one-off rewards and a new referral system, primarily on the Base network. The campaign introduces a fee to prevent abuse, with no reported community feedback or next steps decided.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocket Pool Proposes Joining Balancer Alliance for rETH-WETH Liquidity and $10k Grant

This proposal aims for Rocket Pool to join the Balancer Alliance Program, requesting revenue sharing, a $10,000 BAL grant, and technical integrations to enhance rETH-WETH liquidity across mainnet and L2s. The community vote is ongoing with no feedback yet, and the main benefits are deeper partnership, increased incentives, and improved liquidity, with no stated costs beyond the grant request.

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


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🆕 Morpho Governance Call to Discuss Grants, Association, and Yearn Curation Methodology on May 8, 2025

The Morpho Governance Call on May 8, 2025, will cover updates on grants, association matters, and Yearn Curation Methodology, with the agenda open for community input and the session recorded for transparency. There are no reported community reactions or specified next actions.

🏷️ Grants - Grant Program Update
🏷️ Event - Online


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🆕 Rocketpool GMC Cancels Inactive Bounties, Reviews Two Pending Community Feedback

The GMC has cancelled several outdated or inactive bounties to better focus resources, while two bounties (Liquid Stakers FAQs doc and Slashing Mitigator) are under review pending community feedback. There have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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🆕 Proposal for Rocket Pool to Join Balancer Alliance Program Faces Low Participation

This proposal aims for Rocket Pool to join the Balancer Alliance Program, receive a $10,000 BAL grant, and share revenue from rETH-WETH pools, enhancing liquidity and collaboration between the two protocols. The main benefit is deeper integration and incentives for liquidity providers, but the proposal currently faces very low community participation, with the vote far from reaching quorum.

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


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🆕 Rocketpool pDAO Treasury Report Reduces pDAO RPL Inflation Share, Increases oDAO Share, Introduces Recurring IMC and GMC Payments

The pDAO Treasury Report details a budget reallocation, decreasing the pDAO share of RPL inflation to 27.5% and increasing the oDAO share to 2.5%, along with the initiation of recurring payments to the IMC and GMC for improved funding predictability and transparency. No community feedback or next actions have been reported.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 Curve Quarterly Report: Crosschain Upgrades, Llamalend Features, and CHF 1.4M Spent on Development

This is a quarterly progress report for Curve (December 2024 to February 2025) detailing major software, governance, and ecosystem upgrades—including crosschain improvements, new Llamalend features, and expanded integrations—aimed at boosting functionality, user experience, and financial sustainability, with CHF 1,395,000 spent mainly on audits, support, and development. There has been no community discussion or next actions specified.

🏷️ Grants - Grantee Update
🏷️ Security - Audit
🏷️ Changes - Technical Change
🏷️ Newsworthy - Technical


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🆕 Superfluid Payments & Distributions plans to expand crypto payroll tool with focus on adoption and reduced allocation

The \"Superfluid Payments & Distributions\" project, led by the Superfluid Foundation team, aims to expand its crypto payroll and payment tool in Season 2 by increasing unique claimers and adoption of Pure SuperTokens, while suggesting a smaller allocation to support more community campaigns. There are no reported community reactions or next steps, and the project incurs small stream fees but is eligible for OP’s Retroactive Funding.

🏷️ Grants - Grantee Update


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🆕 Superfluid DAO Votes on Allocating 50M SUP to 9 Ecosystem Campaigns for SPR Season 2

This is about the DAO voting on which of 9 eligible ecosystem campaigns will receive a share of 50,000,000 SUP (5% of total supply) for SPR Season 2, with campaigns under 5% of the vote excluded and their allocation redistributed. The proposal is expected to have minimal additional costs for the Foundation, and there has been no community discussion.

🏷️ Proposal - Currently voting
🏷️ Grants - Grant Funding
🏷️ Newsworthy - Token Distribution


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🆕 Gitcoin Pilots Hybrid ImpactQF Model in GG23, Distributes $90k to 50 Projects with AI/Human Evaluation

The Regen Coordination Global GG23 round piloted a hybrid ImpactQF funding model, distributing $90,000 in matching funds to 50 ReFi and Ethereum-related projects using both quadratic funding and AI/human impact evaluation, resulting in more equitable fund allocation and positive feedback on the process. Key benefits include fairer funding and improved evaluation, with future plans to automate and expand the model, while no community reactions or next actions have been reported.

🏷️ Grants - Grant Funding


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🆕 Superfluid SIP #4: Community Allocates SUP Tokens Across Nine Campaign Categories

SIP #4 proposes allocating SUP tokens to nine campaign categories within the Superfluid ecosystem, letting the community decide both inclusion and funding amounts for each. High voter turnout shows strong support for Superfluid Labs apps, Nerite, and Growth Campaigns, with no direct costs mentioned beyond token allocation.

🏷️ Proposal - Seeking feedback
🏷️ Grants - Grant Funding
🏷️ Newsworthy - Token Distribution


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🆕 Gitcoin Proposes Strategic Sprint to Redesign Grants Framework Post-Grants Stack Retirement

A proposal led by Gitcoin’s interim Executive Director suggests a 3–4 week strategic sprint, facilitated by Allo.Capital, to design a new framework for Gitcoin Grants after the Grants Stack platform retires in May 2025, focusing on new technology, funding models, sustainability, and decentralization. The initiative aims to improve efficiency and community involvement but may introduce operational risks and complexity; there has been no community feedback or next steps decided.

🏷️ Proposal - Seeking feedback
🏷️ Grants - Grant Program Update


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🆕 Scroll DAO Proposes Delegate Accelerator Funding, Governance Recognition, and Votable Supply Adjustment

This governance update summarizes recent and upcoming Scroll DAO activities, including funding a Delegate Accelerator program ($87,000 plus 371,875 SCR), proposals for governance contribution recognition, ecosystem growth ideas, and a votable supply adjustment to reduce quorum risk, with voting and feedback opportunities open to the community. There have been no reported community discussions on these proposals.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Affecting Governance


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🆕 5pence.eth Recommends Funding Core ENS DAO Service Providers to Ensure Sustainability and Reduce Financial Risk

5pence.eth evaluated and ranked ENS DAO service providers, recommending funding only essential infrastructure and proven contributors like Eth.limo, Blockful, Unruggable, and Namespace to ensure sustainability and fiscal responsibility. The approach aims to strengthen ENS’s core services and reduce financial risk, with no community feedback or next steps reported.

🏷️ Grants - Grant Funding


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🆕 Sherlock Proposes $200K USDCx Superfluid Bounty on Base to Boost Protocol Security and Participation

The discussion is about raising 200,000 USDC (in USDCx) on the Base network for the Sherlock Superfluid protocol bounty program to improve protocol security and incentivize community participation with SUPs, using Aave-powered yields and community-chosen mechanisms. There are minimal costs mentioned, and community reaction has been limited to a few clarifying questions and responses.

🏷️ Grants - Grant Proposal / Application
🏷️ Newsworthy - Fundraising
🏷️ Security


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