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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🆕 Gitcoin Grants 23 DeSci Round Distributes $5,000 to 21 Projects on Celo with Quadratic Funding and Transparency Tools

The Gitcoin Grants 23 DeSci Community Round distributed $5,000 to 21 decentralized science projects on the Celo blockchain between March 17, 2025, and April 16, 2025, using quadratic funding and transparency tools like KarmaGAP and Hypercerts. While the round was praised for its community-driven approach and transparency, concerns were raised about self-voting, the matching cap's effects, and the need for clearer impact metrics and larger funding pools.

🏷️ Grants - Grant Funding


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🆕 Proposal to Grant Lemon Up to $65K in MORPHO Tokens for Integrating Morpho Vaults into Lemon Earn

This proposal is about granting Lemon a series of milestone-based MORPHO token incentives, totaling up to $65,000 USD, to integrate Morpho vaults into Lemon Earn and drive user deposits, with the total incentive spend capped at 0.3% of deposits if all targets are met. There has been no community feedback or next steps decided.

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


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🆕 GnosisDAO Proposes Renewed Partnership with Nethermind for Gnosis Chain Maintenance at 750,000 DAI/Year

This is a proposal to renew GnosisDAO’s partnership with Nethermind for Gnosis Chain maintenance, requesting 750,000 DAI for the first year starting in June 2025 with a 4% annual increase, to ensure continued alignment with Ethereum’s roadmap and maintain critical infrastructure and features. There has been no community feedback or next steps identified.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum Closes Short Term Incentives Multisig, Returns 994,821 ARB to Treasury After Payment Correction

The initial Short Term Incentives Multisig was closed, correcting a payment error to OpenBlock Labs, compensating signers, and returning 994,821 ARB to the Treasury, promoting financial transparency and responsible fund management. There has been no community reaction and no further actions have been decided.

🏷️ Grants - Grant Funding


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🆕 Arbitrum DAO Funds Speedrun Stylus Platform for Rust and Web2 Developers to Learn Web3 on Stylus

Speedrun Stylus is a self-paced learning platform funded by the Arbitrum DAO to help Rust and Web2 backend developers learn Web3 development on Arbitrum Stylus through hands-on smart contract challenges, with features like public leaderboards and on-chain verification. The platform aims to expand the Arbitrum developer base and offers reusable educational resources, but there have been no community discussions or next actions identified.

🏷️ Grants - Grantee Update


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🆕 Proposal to Allocate 5M MORPHO and Katana Tokens as Incentives for Katana Instance Users

This proposal aims to allocate 5 million MORPHO tokens and a portion of Katana's token supply as incentives for users of the Katana instance on Morpho, with the goal of boosting liquidity and engagement. The community response is highly supportive, with strong participation and consensus in favor of the proposal.

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


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🆕 Polygon to Deprecate zkEVM Mainnet Beta in 2026, Shifts Focus to PoS and Agglayer

Polygon zkEVM Mainnet Beta will be deprecated in 2026 due to technical challenges and lack of differentiation, with users advised to transition assets and projects offered grants to migrate, while Polygon shifts focus to other initiatives like Polygon PoS and Agglayer. There have been no community discussions or determined next actions.

🏷️ Changes - Technical Change
🏷️ Grants - Grant Program Update


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🆕 ARDC V2 Research Process Reviewed on Arbitrum; Community Call Scheduled to Discuss Six-Month Extension

Entropy reviewed ARDC V2’s research process, noting improved scoping, budget efficiency, and actionable outcomes compared to V1, but identified issues with fixed-term commitments and unclear deliverable expectations; a community call is scheduled for June 18th, 2024, at 15:00 UTC to discuss these findings before deciding on a six-month extension. No community feedback has been recorded yet.

🏷️ Grants - Grantee Update
🏷️ Event - Online


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🆕 CowDAO Grant Proposal: PolySwap Automated DeFi Swaps Triggered by Prediction Markets on Polygon POS

This is an updated grant proposal for PolySwap, a DeFi protocol enabling automated swaps triggered by prediction market conditions, with initial deployment on Polygon POS and plans for open source development and future expansion. The proposal outlines technical milestones and costs, but with only 2 replies and no community discussion, there is limited feedback so far.

🏷️ Grants - Grant Proposal / Application


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🆕 Arbitrum Updates STEP Portfolio: Enhanced Yield Reporting and USDM-to-USDC Conversion

This is an update on Arbitrum’s STEP portfolio as of May 2025, highlighting enhanced transparency through detailed yield reporting and the full conversion of USDM holdings to USDC following Mountain Protocol’s acquisition by Anchorage Digital. The changes improve risk management and performance benchmarking, with no community feedback or next steps noted.

🏷️ Grants - Grant Program Update


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🆕 Arbitrum DAO May 2025 Report: Increased Fees, 13M ARB Profit, Diversified Treasury Inflows

The Regen Financial May 2025 Token Flow Report for Arbitrum DAO shows increased net transaction fees, a profit of 13M ARB, and diversified treasury inflows, with major spending on grants, delegate incentives, and security initiatives. There are no reported community reactions or next actions.

🏷️ Grants - Grant Funding
🏷️ Grants - Grant Program Update
🏷️ Newsworthy - Token Distribution


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🆕 Rocketpool IMC Reports Surplus, Increased RPL Balance, and Stable rETH Liquidity for Period 36

The IMC Period 36 Report and proposed Period 37 Budget highlight a significant RPL balance increase, budget surplus, and stable rETH liquidity, giving the IMC flexibility for future initiatives and resource reallocation. No community discussions or next actions have been reported.

🏷️ Grants - Grant Program Update


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🆕 Gitcoin Grants 2024 Framework Introduces Structured, Community-Driven Funding for Ethereum Challenges

The Gitcoin Grants 2024 Strategic Sense Making Framework proposes a structured, community-driven process to identify and fund Ethereum’s most urgent and solvable problems, emphasizing genuine impact and long-term solutions through Dedicated Domain Allocation and rigorous validation. Community reaction has been limited so far, with one supportive comment and a clarifying question about domain eligibility.

🏷️ Grants - Grant Proposal / Application


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🆕 Polygon Quadratic Accelerator Season 2: Four Projects Tokenized, Achieve Growth Despite Market Downturn

The Quadratic Accelerator (q/acc) Season 2 Impact Report reviews the successful tokenization and growth of four projects, with each receiving $50k POL and achieving strong market cap growth, trading volume, and positive returns for buyers, even during a market downturn. The program enabled small-to-medium protocols to launch liquid token economies and fostered cross-ecosystem participation, with no reported community discussions or next actions.

🏷️ Grants - Grantee Update
🏷️ Grants - Grant Program Update
🏷️ Newsworthy - Token Launch


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📡 Update From the Grant Wire 📡

https://x.com/gauntlet_xyz/status/1932811193229717818
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🆕 Entropy publishes third quarterly transparency report on 1-year partnership with Arbitrum DAO

Entropy released its third quarterly transparency report on its 1-year exclusive partnership with Arbitrum DAO, offering detailed updates on activities, achievements, and finances to improve trust and accountability. There have been no community discussions or next actions identified.

🏷️ Grants - Grantee Update


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🆕 Optimism Announces S8 Retro Funding Missions to Reward Superchain and OP Stack Contributions in 2025

The S8 Retro Funding Missions, launching in 2025, will reward impactful contributions to Superchain growth, developer tooling, and OP Stack dependencies through data-driven evaluation and monthly rewards, aiming to boost usage, support open source tools, and fund critical infrastructure. Community reaction is limited but positive, with appreciation expressed for specific initiatives like Uniswap Hook Builders.

🏷️ Grants - Grant Program Update


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