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 for $78,000 MORPHO Grant to Aragon for Trustless Guardian Governance Module for Morpho v2 Vaults Faces Low Participation

A proposal seeks a $78,000 grant in $MORPHO for Aragon to develop a trustless guardian governance module for Morpho v2 vaults, aiming to enhance security and decentralization. Community response is largely against the proposal, with low participation and the quorum of 500,000 votes not yet reached.

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🆕 Retroactive Funding Proposal Seeks 88 ETH for Optimism Security Council's Season 7 Work

This is a retroactive funding request for 88 ETH from Superchain revenue to fairly compensate the Optimism Security Council for their increased workload and expanded responsibilities during Season 7 (1 January 2025 to 30 June 2025), without impacting future OP budgets. The proposal has received supportive responses from key delegates, with no significant opposition noted in the 4 replies.

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🆕 MakerDAO Releases Mid-2025 Atlas Operational Expense Report Highlighting Ecosystem Growth and Budget Shifts

This is a mid-year 2025 update on Atlas-enabled operational expenses, showing detailed financial activity and increased transparency, with significant spending supporting ecosystem growth, protocol governance, and the Launch Project. The report notes rising USDS expenses, a major reduction in SKY expenses, new budget categories, and a push toward \"0 Core Expenses by 2025,\" but there has been no community discussion or next actions identified.

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🆕 CIP-70: Proposal to Transfer 50 ETH from CoW DAO Treasury for Ops and Reorganize Safe Signers

CIP-70 proposes transferring 50 ETH from the CoW DAO Treasury to the Ops Safe for operational expenses and reorganizing Safe signers for better oversight, with all current votes in favor but quorum not yet reached as of now. If approved, this will ensure continued funding and improved control for CoW DAO operations, with no stated costs beyond the 50 ETH transfer.

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🆕 GMX to Hold Snapshot Vote on Distribution Method for Recovered Funds to GLP Holders After V1 Vulnerability

This is about deciding how to distribute recovered funds and a $2.0 million DAO treasury contribution to GLP holders affected by the Arbitrum GMX V1 vulnerability, with a Snapshot vote on July 24th to choose between distribution in GLV (with extra rewards for holding) or stablecoins. The community generally supports a swift resolution and DAO contribution, but is split between the two distribution methods.

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🆕 BuildUnion proposes $4,999 Project Progress Tracking Dashboard for Morpho-funded initiatives

BuildUnion has proposed a $4,999, 12-month Project Progress Tracking Dashboard for Morpho-funded initiatives to centralize project oversight, enhance transparency, and provide automated risk detection and real-time updates. There have been no community discussions or next actions determined.

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🆕 Proposal to Pause All SafeDAO Funding Initiatives Pending Organizational and Product Changes

This proposal aims to temporarily pause all SafeDAO funding initiatives to allow focus on organizational and product changes, with treasury management actions restricted to the Foundation Council and the pause only reversible by the Council (or later, by a governance vote). Benefits include reduced complexity and improved focus, while costs involve halted ecosystem funding and reduced DAO autonomy; community engagement is currently very low, with unanimous support among a small number of voters and the outcome dependent on reaching quorum.

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🆕 Optimism Season 7 Retro Funding Allocates 8M OP to Open Source Developer Tooling, Final Decision in August 2025

Season 7 Retro Funding allocated 8 million OP to open source developer tooling, mainly supporting mature OSS library projects and resulting in broad downstream impact, significant cost savings, and positive maintainer sentiment within the Superchain ecosystem. The community response is generally positive, with calls for improved data collection, and the final allocation decision will be made on 1 August 2025.

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🆕 Lido LEGO Q2 2025 Report: DAI 151,000 in Grants Awarded, Q3 Budget Set at DAI 500,000

The LEGO Q2 2025 report details DAI 151,000 in grants awarded to projects aimed at improving Ethereum liquid staking, governance, and client diversity, with a Q3 2025 budget set at DAI 500,000 and updated allowance rules. There have been no community discussions or next actions determined.

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🆕 MorphoAssociation Proposes 200,000 OP Incentive for USDC Growth on Base, Targeting $5M TVL Increase

MorphoAssociation proposes allocating 200,000 OP tokens to incentivize USDC growth on Base, aiming to increase TVL by $5M as part of a two-phase, 500,000 OP grant, with all incentives going directly to users. There have been no community discussions or next actions determined.

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🆕 CoW DAO Grants Committee Migrates to Custom HERD System, Processes 22 Grants, Plans Further Improvements

The CoW DAO Grants Committee updated its governance and operational processes in the first half of 2025, including migrating to a custom HERD system, processing 22 grants, and addressing internal challenges, with further improvements planned for the second half of 2025. These changes aim to increase efficiency and grant quality, but some operational issues remain, and there has been no community feedback.

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🆕 Arbitrum Delegate Incentive Program Rewards 20 of 79 Delegates, Suspends One, Spends $72k in June 2025

The Delegate Incentive Program for June 2025 evaluated and rewarded 20 out of 79 delegates based on voting, discussion participation, and extraordinary contributions, with a total cost of $72,234.34. The program aims to incentivize higher quality engagement and set standards for delegate conduct, including suspending a delegate for public accusations, but there has been no community discussion or next steps identified.

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🆕 dYdX Foundation Proposes $8M Grants Program Overhaul With New Entity and Treasury Request

The dYdX Foundation proposes creating dYdX Grants Ltd. to manage a new grants program, requesting $8M in DYDX from the community treasury to fund ecosystem development for 12–18 months, with a focus on efficiency, strategic alignment, and transparency. The plan includes winding down the current DEP, transferring assets and obligations, converting some DYDX to stablecoins for stability, and has not yet received community feedback, with an on-chain proposal scheduled for August 4, 2025.

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🆕 Superfluid DAO Proposes 25M SUP Allocation for Protocol Rewards Season 3 with Weighted Voting

This is about a DAO proposal to allocate 25,000,000 SUP for Superfluid Protocol Rewards Season 3, using weighted voting to select and fund eligible ecosystem campaigns, with only those surpassing a 5% vote threshold receiving support. The process aims to ensure efficient SUP distribution and project accountability, with no significant additional costs to the Foundation and no recorded community feedback.

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