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 Add Open-Source Voting Features to Arbitrum Governance Forum Seeks $206K

This proposal seeks $206,400 USD from Arbitrum DAO to integrate Live Votes, Voting Power Tags, and Proposal Notification Emails into the governance forum as open-source Discourse components, aiming to improve usability and engagement, with delivery and maintenance over two years. Community feedback is mixed, with some supporting the enhancements and cost, while others question the contract length and expense; only four replies indicate limited but thoughtful discussion.

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


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🆕 Proposal to Distribute 2.5M DYDX Tokens to 3,167 Surge Program Traders with On-Chain Verification

This is about a proposal to distribute 2,499,799 DYDX tokens from the dYdX Chain Community Treasury to 3,167 users who genuinely participated in trading season 2 of the dYdX Surge Program, with eligibility and allocations transparently verified on-chain. The benefits include incentivizing real trading and increasing trust in governance, while the main cost is the large token outlay; there has been no recorded community reaction.

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


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🆕 Proposal to Fund Balancer OpCo Marketing Team with $122.5K for Q3–Q4 2025 Activities

This proposal seeks $122,500 to fund the Balancer OpCo Marketing Team for Q3–Q4 2025, aiming to support product rollouts, brand growth, and ecosystem engagement through targeted marketing initiatives. The vote has not yet started, so there is no community feedback or outcome at this time.

🏷️ Grants - Grant Proposal / Application


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🆕 Rocketpool pDAO Treasury Budget Update Increases GMC Share, Adjusts Reserves for 2025

This is about an update to the pDAO treasury budget distribution for the period from 2025/05/08 to 2025/06/05, increasing GMC's share to 25% and reducing reserves to 25%, with payments executed on-chain as per proposal 3. The changes aim to improve transparency and operational capacity, with no reported community feedback or next steps.

🏷️ Grants - Grant Funding
🏷️ Grants - Grant Program Update


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🆕 Optimism Grants Council Refines Process for Season 7, Prioritizing TVL Growth and Selectivity

This discussion analyzes the Grants Council’s shift from Season 6 to Season 7, highlighting a reduced council size, increased selectivity, and a narrowed focus on TVL growth, resulting in fewer approved applications and a more strategic, impact-driven grant process. Community reaction has been minimal, with only one member expressing appreciation and intent to reflect further on Season 7.

🏷️ Grants - Grant Program Update


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📡 Update From the Grant Wire 📡

https://x.com/base/status/1930352075235569774
🆕 Gitcoin 3.0 to Fund Ethereum Challenges via Dedicated Domain Allocation and GTC Holder Voting

Gitcoin is shifting its strategy with Gitcoin 3.0 to focus on funding Ethereum’s most critical challenges through Dedicated Domain Allocation, involving community-driven infrastructure development and GTC holder voting on funding domains for GG24. This aims to increase grant impact and innovation while reducing internal costs, with no community feedback or next actions reported yet.

🏷️ Grants - Grant Program Update


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🆕 Proposal to Fund Balancer OpCo Marketing Team with $122,500 for Q3–Q4 2025 (BIP-840)

This is a proposal (BIP-840) requesting $122,500 to fund the Balancer OpCo Marketing Team for Q3–Q4 2025, aiming to boost Balancer’s marketing, support product launches, and strengthen its brand through a focused team and strategic spending. The community response so far shows strong support with low participation, and if approved, the budget will be used as detailed in the proposal.

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


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🆕 Gitcoin Grants GG23 Shifts to Conviction Voting, Raises $60k Amid User Experience Challenges

The Gitcoin Grants Garden GG23 Community Round marked a full shift from Quadratic Funding to Conviction Voting using Gardens v2, raising $60,659 to support 21 diverse communities, but faced technical and onboarding challenges that impacted user satisfaction (average scores 6.3–7.1/10). While the community sees conviction voting as a promising alternative for public goods funding, they request improvements in proposal workflows, mobile support, analytics, DAO integration, and multilingual features, with future rounds aiming to address these issues and innovate on tokenomics.

🏷️ Grants - Grant Program Update
🏷️ Newsworthy - Fundraising


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🆕 Arbitrum DAO Proposes $3.5M USDC Reallocation to Yield-Bearing Assets, Targeting $13K Monthly Return

This proposal reallocates about $3.5 million in USDC from the Arbitrum DAO treasury into three approved yield-bearing assets to maximize returns, with an expected yield of approximately $13,000 per month and no additional cost to the DAO. Community support is overwhelmingly positive, with over 99% of voting power in favor, and the final vote is scheduled for June 5th, 2024.

🏷️ Proposal - Currently voting
🏷️ Grants - Grant Funding


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🆕 Rocket Pool Opens Bounty Applications for Round 26 to Support Node Operation and Protocol Improvements

Rocket Pool is accepting bounty applications for Round 26 from June 7, 2025 to July 7, 2025, aiming to incentivize community contributions that support node operation, rETH usage, and protocol improvements, with a structured evaluation process to ensure cost-effectiveness and alignment with GMC goals. There have been no community discussions or specified next actions.

🏷️ Grants - Grants Available


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🆕 Rocket Pool Opens Applications for Round 26 Retrospective Awards, Prioritizes Pre-Approved Grants

Rocket Pool is accepting applications for Round 26 retrospective awards for work completed between June 7, 2025 and July 7, 2025, with a focus on incentivizing contributions that align with protocol goals and a preference for pre-approved grants over retroactive awards during treasury distress. There have been no community discussions or next actions identified.

🏷️ Grants - Grants Available


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🆕 Rocket Pool GMC opens Round 26 grant applications to support node operation, rETH usage, and protocol quality

Rocket Pool’s GMC is accepting grant applications for Round 26 from June 7, 2025 to July 7, 2025, aiming to fund projects that enhance node operation, rETH usage, and overall protocol quality, with a preference for pre-approved grants over retroactive awards to ensure alignment and manage treasury constraints. There have been no community discussions or next actions identified.

🏷️ Grants - Grants Available
🏷️ Grants - Grant Program Update


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🆕 Rocketpool Creates Centralized Thread for Round 26 Grant and Bounty Application Discussions

A dedicated thread has been created to centralize all questions and discussions about Round 26 grant, bounty, and retrospective award applications, aiming to streamline the review process and keep application threads clear for committee evaluation. There are no reported community reactions or next actions at this time.

🏷️ Grants - Grant Proposal / Application


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🆕 Compound Proposal 445 Criticized for Upfront COMP Transfer Without Controls; Cancellation Recommended

Proposal 445 requests transferring 16,100 COMP to AlphaGrowth for Unichain market growth, but the on-chain proposal contradicts the forum plan by sending the full amount upfront without streaming or adequate controls, raising significant risk and accountability concerns. The recommendation is to cancel the proposal due to these unresolved issues, and there has been no community discussion or next steps decided.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting
🏷️ Newsworthy - Controversial


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🆕 ENS DAO awards 60,000 USDC grant for open-source ranked choice voting interfaces with Copeland tabulation

The Meta-governance stewards approved a 60,000 USDC retroactive grant to Blockful, Lighthouse Labs, and Agora for developing custom voting interfaces that enabled the ENS DAO to implement ranked choice voting with Copeland tabulation for SPP2 in April and May 2025, with all transactions transparently recorded. This initiative enhances DAO governance with advanced, open-source voting tools, and there has been no recorded community discussion or next steps.

🏷️ Grants - Grant Funding


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