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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🆕 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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🆕 Optimism Grants Council Season 7 Report Highlights KPI Success, Plans AI-Driven Platform Improvements

The \"Grants Council Season 7 Retrospective Report\" reviews the Council's strong performance in meeting internal KPIs and capital efficiency, but notes issues with rejected applicant experience and platform limitations; proposed improvements include a tailored grant platform, AI-powered applications, and process refinements to boost efficiency and quality. No community feedback or next actions have been reported.

🏷️ Grants - Grant Program Update


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🆕 Pactum Nova Proposes €100K Migration of CoW Protocol Backend from ethcontract-rs to alloy-rs

This is a grant proposal by Pactum Nova LLC to migrate the CoW Protocol backend from ethcontract-rs to alloy-rs, aiming to reduce technical debt, improve performance, and enable new Ethereum features, with a total cost of €80,000 plus €20,000 in COW tokens. The migration is expected to enhance security and future-proofing, but there has been no community feedback or determined next steps.

🏷️ Grants - Grant Proposal / Application
🏷️ Changes - Technical Change
🏷️ Security


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🆕 Optimism Milestones & Metrics Council Season 7: Goals Met, Recommends Improved Communication and Live Metrics Dashboard

This is a retrospective report on the Milestones & Metrics Council's Season 7 performance, highlighting that key goals for applicant retention and grant delivery speed were met, with recommendations for clearer communication and a live metrics dashboard to further improve efficiency and grantee experience. There are no reported costs or community reactions, and no next actions have been set.

🏷️ Grants - Grant Program Update


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🆕 Uniswap Proposal Seeks Up to $4M to Incentivize USDS Adoption on Unichain with KPI-Based Rewards

This proposal seeks $1,000,000 USD (with up to $3,000,000 USD more if TVL milestones are met) to drive USDS and sUSDS adoption on Unichain via KPI-based incentives, aiming to boost TVL, user growth, and DeFi yields, with 80% of funds for co-incentives and 20% for operations. Community feedback is limited but includes support, suggestions for deeper integration with DeFi protocols, and requests for more budget transparency.

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


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🆕 SafeDAO OBRA Update: $1M Committed, Milestones Met, Governance Participation Emphasized

This is an update on OBRA initiatives as of June 9th, 2025, highlighting milestone completions, $1M in committed funds, and a focus on increasing SafeDAO governance participation for future project selection. Some initiatives are progressing or being rescaled, but there have been no community discussions or next actions determined.

🏷️ Grants - Grant Program Update


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