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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🆕 GMX DAO Proposal Seeks $30,625 USDC for Committee Payments Amid Discussion on Compensation Model

This is a proposal for the GMX DAO to approve $30,625 USDC in funding for committee payments covering governance, listing, and security operations from May 1, 2024, to October 31, 2024, with cost savings from waived honorariums and unspent funds from the previous term. Community discussion is limited but centers on whether payments should be made in USDC or GMX tokens, with some support for exploring a unified compensation model after October 2024.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Proposal to Allocate $700k in COMP for Unichain Growth Campaign to Boost Compound TVL and Engagement

This is a proposal by AlphaGrowth to allocate $700k in COMP for a Unichain Growth Campaign, aiming to rapidly increase Compound’s TVL and user engagement on Unichain through targeted incentives, gamified programs, and matched UNI grants, with performance-based bonuses and unused funds returning to the treasury. Community reaction is limited but positive, with support for the initiative’s potential to give Compound a competitive edge in Unichain’s lending market.

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


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🆕 Grant proposal to add English and Russian internationalization to swap.cow.fi requests 14,000 xDAI and 14,000 COW

This is a grant proposal to add internationalization support (initially English and Russian) to swap.cow.fi, aiming to expand its user base and brand recognition in non-English-speaking markets, with technical upgrades, translation management, and documentation included. The project requests 14,000 xDAI and 14,000 COW (with a 6-month lock), and there has been no community feedback or determined next steps.

🏷️ Grants - Grant Proposal / Application


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🆕 PYOR Team Proposes Unified Elastic Network Dashboard 2.0 for zkSync with Real-Time Analytics

The PYOR Team proposes to build and maintain a Unified Elastic Network Dashboard 2.0 for zkSync, offering real-time analytics across multiple key metrics to enhance network visibility, decision-making, and security, with a one-time cost of $55,850 and 12 months of maintenance. There has been no community feedback or determined next steps.

🏷️ Grants - Grant Proposal / Application


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🆕 ENS DAO Newsletter #87: Governance Changes, ENSv2 Progress, Financials, and Ecosystem Updates

The ENS DAO Newsletter #87, published on May 20, 2025, details recent governance, technical, and community updates, including new proposal thresholds, ongoing projects like ENSv2 and Namechain, financial reports, and expanded ecosystem integrations and grants. These initiatives aim to improve transparency, participation, and technical capabilities within the ENS ecosystem, with no reported community discussions or specified next actions.

🏷️ Grants - Grant Program Update
🏷️ Newsworthy - Affecting Governance
🏷️ Newsworthy - Technical


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🆕 Gitcoin Grants 3.0 to Use "Epistemological Tree" Framework for Ethereum-Focused Funding

This is about introducing the \"epistemological tree\" framework to guide Gitcoin Grants 3.0 (GG24) funding decisions, aiming for principled, legitimacy-driven, and modular allocation focused on Ethereum’s core challenges. The benefits include more effective and aligned funding for public goods, with no costs or community reactions mentioned, and no next actions determined.

🏷️ Grants - Grant Program Update


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🆕 Arbitrum DAO Voting on Grant Bounty, ArbOS 40 Upgrade, and DRIP Incentives (Up to 80M ARB)

The Arbitrum DAO is voting on proposals including a grant misuse bounty program (400,000 ARB requested), an ArbOS 40 “Callisto” upgrade, and the DRIP incentive program (up to 80M ARB), with voting deadlines on May 23, 2024 and May 29, 2024. These initiatives aim to improve transparency, network functionality, and incentive structures, but there have been no reported community discussions.

🏷️ Proposal - Currently voting
🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Changes - Technical Change
🏷️ Newsworthy - Affecting Governance


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🆕 Case study: DAWG enhances Jupiter ecosystem with design systems and standardized workflows

This is a case study of DAWG, a work group in the Jupiter ecosystem that improved branding consistency, resource efficiency, and community engagement through design systems, workshops, and standardized workflows, funded by two grants totaling 14,000 USDC between November 2024 and February 2025. The community response has been positive, with appreciation for DAWG's contributions, and no further actions have been specified.

🏷️ Grants - Grantee Update
🏷️ Grants - Grant Funding


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🆕 Proposal for €6,000 Spanish-Language ENS Education Campaign Seeks DAO Support

A proposal has been made to launch a €6,000, 3-month Spanish-language ENS education campaign to increase adoption and counter closed competitors, with requested support from the ENS DAO for resources and recognition. Community reaction is limited so far, with requests for more details and encouragement to present at the ENS Ecosystem Weekly Meeting.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Seeking feedback


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🆕 Venus Proposal Seeks Treasury Transfer to Sustain Prime Rewards Amid Revenue Shortfall

The discussion is about a proposal to transfer specific funds from the Venus Treasury to the PrimeLiquidityProvider contract on BNB Chain to ensure uninterrupted Venus Prime reward distributions through Q2 2025, addressing recent revenue shortfalls and maintaining user confidence. The community, with 15 replies, shows strong support for the proposal, emphasizing its importance for protocol health and competitiveness, while costs involve allocating significant treasury assets to cover the planned rewards.

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


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🆕 MakerDAO Documents and Disburses Aligned Delegate Compensation for April 2025

This is about documenting and disbursing Aligned Delegate compensation for April 2025, totaling 26,267 USDS, with payments allocated based on delegate roles and participation as outlined in the Atlas. The process ensures transparent fund allocation and public tracking, with no noted community reactions or next steps.

🏷️ Grants - Grant Funding


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🆕 Assessment Recommends Reforms for Arbitrum DAO Incentives to Boost Efficiency and Alignment

This is a comprehensive assessment and set of recommendations for improving Arbitrum DAO’s incentive programs, focusing on capital efficiency, strategic alignment, and adaptive governance, with comparisons to other ecosystems and a proposed unified evaluation framework. The report suggests that implementing these changes could enhance program effectiveness and sustainability, but there has been no community feedback or next steps decided.

🏷️ Grants - Grant Program Update
🏷️ Changes - Community Improvement


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🆕 Optimism Mission launches to support DeFi, gaming, and infrastructure projects with milestone-based approach

A new Optimism Mission led by WakeUpLabs and funded by the Optimism Collective will provide technical and strategic support to DeFi, gaming, and infrastructure projects in the Optimism ecosystem, using a structured, milestone-based approach with clear KPIs to drive growth and transparency. There have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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🆕 Astral Protocol Proposes Yield-Bearing FRAX Derivative, Seeks DAO Support and Revenue Share

This is a proposal from Astral Protocol requesting FRAX DAO's support and partnership for AstralFXS, a yield-bearing FRAX derivative, offering FRAX DAO 4% of net revenue in exchange for development, auditing, and listing support. Community response has been minimal, with concerns raised about the appropriateness of requesting direct resources and audit funding from FRAX DAO.

🏷️ Proposal - Seeking feedback
🏷️ Grants - Grant Proposal / Application
🏷️ Security - Audit


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🆕 Proposal to Allocate $500K in Incentives for Unichain Lending via Morpho UI Pending Approval

A proposal suggests distributing approximately $500,000 in incentives (MORPHO, OP, USDC) over three months to boost Unichain’s lending and collateral liquidity, with flexible allocation and full Morpho UI support if approved. The initiative aims to enhance capital and AMM efficiency, but there has been no community feedback or determined next steps.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Gitcoin Report: Brazil's First Regional Quadratic Funding Round Distributes $13K to 21 Projects, Highlights Onboarding Challenges

The \"REGEN Rio de Janeiro - GG23 Full Program Report\" details Brazil's first regional quadratic funding round, distributing $13,000 in matching funds to 21 projects using a layered funding model to promote equitable resource allocation and support both popular and high-potential initiatives. The program highlighted challenges in onboarding and inclusivity, used various governance tools, and aims to inspire similar decentralized funding models, but there has been no recorded community discussion or next steps.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 Proposal: $30k for Seoul Gathering to Foster Collaboration Between Ethereum and Scroll Communities

This proposal requests $30,000 USD to fund a 3-day gathering near Seoul in May or June 2025 for 20-25 Ethereum and Scroll community members, aiming to address ecosystem fragmentation and foster collaboration for long-term growth in Korea, with costs split between Scroll DAO and co-sponsors. The initiative could strengthen the local ecosystem through new working groups and projects, but there has been no community feedback or next steps identified.

🏷️ Grants - Grant Proposal / Application
🏷️ Grants - Grant Funding
🏷️ Event - IRL


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🆕 Rocketpool GMC Finalizes Round 24 Awards with Emphasis on Grants and Financial Prudence

The GMC finalized Round 24 awards, approving $6,000 for LLC compensation, $20,000 for support payments (reduced from the request), and $1,500 for analytics work, with a preference for grants over retroactive awards and a focus on financial prudence. No community discussions or next actions have been reported.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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