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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🆕 GMX finalizes Arbitrum GLP incident fund distribution; some users excluded due to eligibility criteria

The finalized plan for distributing recovered funds from the Arbitrum GLP security incident includes a split payout in WBTC, ETH, and stablecoins, a $2 million Treasury top-up, and $500,000 in incentives for holding GLV, but some users (notably Beefy users) may be excluded due to eligibility criteria. With only 6 replies, community feedback is limited but highlights concerns about the exclusion of certain user groups from the distribution.

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🆕 Zhunda Proposes YouTube Influencer Campaign for Arbitrum Education Grant, Targeting 300K Views

Zhunda proposed a YouTube influencer marketing campaign for the Arbitrum Education, Community Growth and Events 3.0 grant program to increase visibility and engagement for Arbitrum projects, with an estimated reach of 300,000 targeted views and no community feedback or next steps identified. The campaign offers benefits such as project shoutouts, detailed video denoscriptions, and custom engagement tasks, with no costs or community reactions mentioned.

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🆕 Arbitrum Launches $10M Audit Program to Fund Third-Party Security Reviews for Early-Stage Projects

The Arbitrum Audit Program allocates $10 million in ARB to subsidize third-party smart contract audits for early-stage projects building on Arbitrum, aiming to boost ecosystem security and attract high-growth teams by requiring code exclusivity for a set period. There are no reported community discussions or next actions at this time.

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🆕 Proposal to Launch "Arbitrum Balkan" Initiative with $4M Budget for Regional Expansion

This is a proposal to launch \"Arbitrum Balkan,\" a 12–24-month initiative with a budget of up to USD 4 million in ARB to establish Arbitrum as the leading layer-2 ecosystem in several Balkan countries through policy, education, and developer programs. Community response is limited so far, with one concern raised about the exclusion of Romania and Bulgaria, and no next steps have been decided.

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🆕 MakerDAO outlines secure payment request process for Atlas Core Development contributors for August 2025

This is about the official process for Atlas Core Development contributors to request August 2025 payments, requiring specific information and cryptographic signatures for new payment addresses, with a submission deadline of August 11th and payments processed on August 21st. The process aims to ensure secure, transparent, and organized payment distribution, with no reported community feedback.

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🆕 Eth.limo Q2 2025: Technical Upgrades, Tornado Cash Legal Work, 212M Requests, Ongoing Risks

The Eth.limo Q2 2025 update highlights major technical improvements, ongoing legal work related to the Tornado Cash trial, and strong operational metrics, with 212,439,066 requests recorded for the quarter. While the project benefits from enhanced reliability and transparency, it faces potential risks from legal challenges, and there has been no community response or next steps identified.

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🆕 $32k Proposal Seeks to Upgrade Gardens Governance Platform for Gitcoin 3.0 Integration

A $32,000 funding proposal aims to upgrade the Gardens governance platform with improved UI/UX, smart contract architecture (Diamond Pattern), and growth initiatives, targeting mass adoption and integration with Gitcoin 3.0. Expected benefits include increased usage, higher TVF, and better onboarding, with no reported community feedback or next steps as of now.

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🆕 Aavegotchi DAO Proposal Seeks $10,450 for Cayman Islands Legal Counsel Amid Low Voter Turnout

The proposal requests $10,450 from the Aavegotchi DAO to hire legal counsel in the Cayman Islands, aiming to enhance compliance and operational security for the DAO and its Foundation. While most current voters support the initiative, community participation is low and quorum has not yet been reached.

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🆕 Grant Proposal Seeks $15K from Arbitrum Gaming DAO for 3-Month Game Promotion Campaign

A grant proposal noscriptd “Arbitrum Bites: Gaming Content Propulsion” requests $15,000 from the Arbitrum Gaming DAO to fund a 3-month campaign promoting Arbitrum-native games via short-form videos, blogs, and paid media, with clear KPIs for user acquisition and engagement. The proposal aims to increase visibility among Gen Z, includes a detailed budget and milestone plan, and is currently open for community feedback, with no discussions or next steps yet.

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🆕 dYdX MegaVault July Update: 8 New Markets, Higher Volume, TVL, and APR

This is a monthly update from gauntlet on the dYdX MegaVault for the period from 2025-07-01 to 2025-07-31, highlighting the addition of 8 new markets, increased trading volume and TVL, and improved APR, with no community feedback or next steps identified. The main benefits are expanded market coverage and higher engagement, with no costs or negative reactions reported.

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🆕 Milestones and Metrics Council in S8/S9 Tracks Grant Progress for Oversight and Transparency

This is an official communication thread for the Milestones and Metrics Council in S8 and S9, focused on tracking and assessing grant milestones for improved oversight and transparency. There are no reported costs or community reactions, and no next actions have been set.

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🆕 Arbitrum DAO and Entropy Advisors Report Technical Progress, Treasury Updates, and Open Governance Vote

This is a monthly update on Arbitrum DAO and Entropy Advisors activities, highlighting completed technical milestones, treasury consolidation, governance updates, new incentive programs, and ongoing data initiatives, with the aim of improving operational efficiency, transparency, and ecosystem growth. The main cost is the transition of responsibilities and management roles, while the community has not shown notable reactions; a Tally vote on the Entropy Advisors Y2-Y3 mandate is open until August 7, with the new term starting on September 1 if approved.

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🆕 BuildUnion Proposes ML-Powered Grant & Bounty Tracking Dashboard for Superfluid DAO

BuildUnion has proposed a $3,999, 12-month Grant & Bounty Progress Tracking Dashboard for Superfluid DAO, aiming to centralize and automate milestone tracking, risk detection, and community engagement through real-time updates and ML-powered analytics. The main benefits are increased transparency and accountability, with no community feedback or next steps reported.

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