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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🆕 SafeDAO Schedules Governance Call to Discuss Resource Allocation Pause and Funding Proposals

A SafeDAO governance call is scheduled for July 16, 2024 at 16:00 UTC to discuss pausing resource allocation, the Safe Ecosystem Fund Stage 1, and retrofunding for CES, which could affect project funding and contributor incentives. There has been no community reaction or next actions determined.

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🆕 Lido: Proposal to Pay Protofire $8,000 DAI for Holesky Safe Sunsetting and Transition to Hoodi Safe

This is about requesting a final payment of $8,000 in DAI to the Protofire team for support and maintenance work on Holesky Safe from April to July, as part of its sunsetting and transition to Hoodi Safe, with the funds covering infrastructure and team compensation. The proposal aims to ensure a secure and stable migration, and there has been no community feedback or further actions specified.

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🆕 Proposal to Launch Arbitrum App Store & Builder Hub Seeks $160K Funding; Community Raises Concerns Over Platform Openness and KPIs

This proposal suggests launching the Arbitrum App Store & Builder Communities Hub on Common Ground to unify app discovery, community engagement, and developer integration, requesting $160,000 in funding and marketing support from Arbitrum. With only two replies, initial community feedback is supportive but raises concerns about third-party reliance, platform openness, $CG token utility, and KPIs, with no next steps decided.

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🆕 Aavegotchi DAO Votes on $10,450 Allocation for Cayman Islands Legal Counsel, Quorum Not Yet Met

The Aavegotchi DAO is voting on a proposal to allocate $10,450 in stablecoins for hiring legal counsel in the Cayman Islands, with Ditchy MacAbandonpants tasked to select the firm. The majority of current votes support the proposal, but it has not yet reached the required quorum for approval.

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🆕 Proposal: 12-Month, 974,000 OP Budget for Developer Advisory Board Covering Seasons 8 and 9

This is a proposal for a 12-month, 974,000 OP operating budget for the Developer Advisory Board covering Seasons 8 and 9, aimed at compensating board members and supporting governance, technical oversight, and operational security. There are no reported community reactions or next steps at this time.

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🆕 CoW DAO Proposal: Allocate 50 ETH to Ops Safe for Operations, Tighten Governance and Reporting

This is about a proposal to allocate 50 ETH from the CoW Treasury to the CoW DAO Ops Safe to cover increased operational costs, with enhanced governance through Safe Signer reorganization and stricter reporting requirements. The main benefit is ensuring continued DAO operations and oversight, while the primary cost is exposure to ETH price volatility; there has been no community feedback or next steps identified.

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🆕 $78k Proposal to Develop Trustless-Guardians and Governance Tools for Morpho Vaults V2

This is a $78,000 funding proposal by Leuts for Aragon to develop trustless-guardians for Morpho Vaults V2, including a LockToVote plugin and notification system, to improve security, flexibility, and user participation in vault governance. The costs are allocated across plugin development, UI/backend work, and notifications, with no recorded community feedback or next steps as of now.

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🆕 Aave Proposal: Allocate up to 5M USDC to Market Make GHO on Gnosis Chain, Community Questions Chain Choice

This proposal seeks to allocate up to 5 million USDC (starting with 250,000 USDC) for market making GHO on Gnosis Chain to boost GHO liquidity, reduce price impact, and generate fees for Aave DAO, with non-custodial management and monthly reporting. While the approach is capital-efficient and aims for a 4.2% annual net benefit, community response is limited and includes concerns about whether Gnosis is the best use of funds compared to larger chains like Avalanche.

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🆕 Balancer Maxis June 2025 Update: Automation, Infrastructure Upgrades, and Cost Savings Amid Team Challenges

This is a June 2025 update on the Balancer Maxis team's progress, highlighting improved automation, infrastructure upgrades, analytics, and cost savings, with most discretionary spending on Operations UI and a possible part-time hire. The changes are expected to boost efficiency, transparency, and financial health, though challenges like delays and team turnover remain; there has been no community feedback or next steps identified.

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🆕 PGov Proposes 989,400 OP Budget for M&M Council Seasons 8 and 9, Adds New Allocations and Transparency Measures

PGov has proposed a 989,400 OP budget for the M&M Council for Seasons 8 and 9, introducing new allocations for bridge period stipends, data analytics, and retroactive funding, with the budget now representing 22% of the total Budget Board budget. The proposal aims to improve Council operations and transparency, but there has been no community feedback or determined next steps.

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🆕 Proposal to Integrate Flow State Streaming Grants Platform Using Superfluid in Season 3 Campaigns

This is about a proposal to include Flow State, a streaming funding platform using Superfluid technology, in Season 3 strategic campaigns to boost streaming grant adoption and ecosystem engagement, with a 10% fee for custom rounds and free tools. The proposal seeks SUP incentives to attract participants and partners, but there has been no community feedback or next steps decided.

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🆕 Grant proposal requests 105,000 USDC for Tholgar to transfer key components to Paladin DAO amid Rings merge

A grant proposal seeks to pay the Tholgar team 105,000 USDC to transfer ownership of several key technical components to the Paladin DAO, supporting the merge between Rings and Paladin and ensuring DAO control over these products. The payment is structured in installments, with part contingent on ongoing maintenance, and there has been no community discussion or next steps determined.

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🆕 Optimism Grants Council Elections Introduce Delegate Approval Rule to Streamline Candidate Selection

This is about implementing a delegate approval rule for the Operations role in the Season 8 and 9 Grants Council elections, requiring each candidate to secure four approvals from top 100 delegates by July 22, 2024, to remain eligible. The process aims to streamline candidate selection and improve quality, but may reduce candidate diversity; with only 4 replies, community reaction is minimal.

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🆕 MakerDAO Publishes Aligned Delegate Compensation Record for June 2025, Totaling 21,062 USDS

This is an official record of Aligned Delegate compensation for June 2025, detailing payments based on updated participation and communication metrics, with a total payout of 21,062 USDS. The process aims to ensure transparency and fairness, and there has been no community discussion or next actions identified.

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🆕 Gonna.eth proposes leading Optimism Grants Council for Seasons 8-9 with 980,000 OP budget and focus on transparency, KPIs

Gonna.eth has proposed to lead the Grants Council for Seasons 8 and 9 with a 980,000 OP budget, aiming to improve operational capacity, transparency, and ecosystem growth through clear KPIs and detailed reporting. There have been no community discussions or next actions determined.

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🆕 GMX V1 GLP Fund Recovery and Distribution Proposal in Development After Arbitrum Exploit

This discussion centers on the recovery and fair distribution of GLP funds lost in a GMX V1 exploit on Arbitrum, with the community expressing support for affected users but emphasizing the need for patience and clarity as the DAO prepares a proposal for reimbursement, constrained by treasury and market cap limits. The process is ongoing, with official updates and scam warnings provided, and a formal proposal for fund distribution expected to be posted soon.

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🆕 Optimism Special Voting Cycle: Proposals and Budgets for Seasons 8–9, New Retro Funding Mission, and Anticapture Commission Discontinuation

This is about the Special Voting Cycle Roundup#39c for Optimism, where key proposals and budgets for various councils and initiatives for Seasons 8 and 9—including Grants, Developer Advisory Board, Security, Milestones & Metrics, and a new Retro Funding Mission—will be voted on between July 24th, 2025 and August 6th, 2025, with some budget increases and the discontinuation of the Anticapture Commission proposed. There have been no community discussions or reactions so far.

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