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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🆕 Balancer Community Unanimously Supports Funding Proposal for BDSP (Q4 2024 - Q1 2025)

The proposal BIP-697 seeks funding for the Balancer Business Development Service Provider (BDSP) for Q4 2024 to Q1 2025, focusing on partnerships, liquidity, and supporting Balancer v2 and v3, with a request for 72,000 USDC and 6,780 BAL. The community unanimously supports the proposal, highlighting the BDSP's proven track record, strategic growth focus, and cost efficiency.

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


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🆕 Gitcoin Proposal to Allocate 6.9M GTC to Citizens Fund for Allo Ecosystem Development Faces Quorum Challenge

The proposal involves allocating 6.9 million GTC tokens to the Gitcoin Citizens Fund over 4.20 years to develop the Allo ecosystem, with the community largely in favor but the quorum not yet met. Benefits include market success, decentralization, and resource reallocation, with no identified negatives.

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


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🆕 Balancer Community Unanimously Approves BIP-694 for Q4 2024 to Q1 2025 Funding

The proposal BIP-694 seeks funding for the Balancer Maxis team for Q4 2024 to Q1 2025 to support Balancer’s on-chain DevOps, including the launch of Balancer v3, with a budget of 398,135 USDC and 32,738 BAL. The community unanimously supports the proposal, meeting the quorum with no opposition, ensuring stable funding and professional management for Balancer's operations.

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


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🆕 @owocki Proposes 6.9M GTC Allocation for Gitcoin Citizens Rounds Over 4.20 Years

owocki proposes allocating 6.9 million GTC for Gitcoin Citizens rounds over 4.20 years to develop the Allo ecosystem and innovate Gitcoin's funding tools, with mixed community support and concerns about the evolving definition of \"citizen\" and Gitcoin's shift from a DAO to a B2B model. The initiative aims to address Gitcoin's current limitations and empower external builders, with a vote on the proposal moved to Snapshot.

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


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📡 Update From the Grant Wire 📡

Name:
2024 State of Web3 Grants Report

Type:
🛠️ = Tools and Resources

Link:
https://x.com/arlery/status/1838620894245060737
📡 Update From the Grant Wire 📡

Name:
Gitcoin OG-C

Type:
🛠️ = Tools and Resources

Link:
https://x.com/gitcoin/status/1838620073193291891
3
📡 Update From the Grant Wire 📡

Name:
Collaborative Drip Lists

Type:
🛠️ = Tools and Resources

Link:
https://x.com/dripsnetwork/status/1837113456119472480
🆕 GMX Avalanche Rush Incentives Update: Boosted Rewards and Fee Rebates Enhance Liquidity

The bi-weekly update for the GMX Avalanche Rush Incentives details the allocation and utilization of AVAX GM for liquidity and trading incentives, with boosted rewards and fee rebates enhancing liquidity and trading volumes. The community has not reacted, and no next actions have been determined.

🏷️ Grants - Grant Program Update


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🆕 Delegate Proposes Educational Videos for Optimism Collective, Community Debates 60k OP Grant

kaereste proposed a Delegate Mission Request to create educational videos for the Optimism Collective, aiming to simplify governance and boost community engagement, with a grant of 60k OP. The community has shown mixed reactions, with support for the mission's goals but concerns about the grant amount and feasibility of milestones.

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


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🆕 New Strategy for "Tech Partner of OP Native Projects" Grant Allocation Gains Community Support

bleubuilders proposed a new strategy for allocating the \"Tech Partner of OP Native Projects\" grant hours, splitting them 50/50 between existing grantees and independently selected projects, with community feedback requested. The community generally supports the approach, with some concerns about measuring time spent on project selection and negotiations, and projects will be served on a first-come, first-served basis to ensure fairness.

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


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🆕 ArbitrumDAO and Thrive Protocol Contest Winners Face Delays, Partial Payments, and Financial Losses

The discussion is about the payout issues faced by winners of ArbitrumDAO and Thrive Protocol's contest, where delays and partial payments led to financial losses due to ARB value drops, causing frustration and privacy concerns among winners. The community is calling for financial retribution, and Thrive Protocol has acknowledged the issues, suggesting potential compensation for affected grantees.

🏷️ Grants - Grant Funding
🏷️ Grants - Grantee Update


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🆕 $10M Legal Defense Fund Proposed for Uniswap DAO Delegates to Address Subpoenas

dennisonb proposed a $10 million Legal Defense Fund for Uniswap DAO delegates to cover legal expenses from subpoenas, aiming to mitigate financial burdens and maintain active participation. The community has raised legal concerns, but the fund is seen as a positive step for financial support and transparency.

🏷️ Grants - Grant Funding
🏷️ Changes - Legal


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🆕 Gitcoin and Grants Labs Introduce Allo and New Evaluation Framework for Improved Funding Mechanisms

Gitcoin and Grants Labs are enhancing funding mechanisms with Allo and a new evaluation framework, aiming for better decision-making and increased adoption by 2025. The community has responded positively, appreciating the structured and collaborative approach.

🏷️ Grants - Grant Program Update


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🆕 Gitcoin Community Debates Solutions to "Funding Fatigue" in Web3 Public Goods Sector

The discussion addresses \"funding fatigue\" in the Web3 public goods sector, proposing tools like a Grantee Common App and SCRs to streamline the process and reduce complexity. While the community appreciates the potential for a more sustainable ecosystem, concerns remain about shifting fatigue to Guilds and the ongoing need for fund solicitation.

🏷️ Grants - Grant Funding


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🆕 Arbitrum DAO Procurement Committee Proposes 6-Month Extension with $414K Budget

The Arbitrum DAO Procurement Committee (ADPC) proposes extending its operations for six more months with a budget of USD 414,000 in ARB, focusing on enhancing procurement processes and managing a $2.5M Subsidy Fund. Community feedback is mixed, with some members appreciating the progress and communication, while others raise concerns about budget transparency and election processes.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Gitcoin's First Asia Round, Led by HazelHu, Raises Funds Amid Calls for Improved Evaluation Measures

The inaugural Asia Round on Gitcoin, led by HazelHu, successfully raised funds for diverse projects across Asia, with the community praising its promotional strategies and project selection process. However, areas for improvement include the need for standardized evaluation measures and refining the matching calculation mechanism.

🏷️ Grants - Fundraising


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🆕 Balancer BIP-705 Proposes 50,000 BAL and 12,800 USDC for Q4 2024 Grants Program

The proposal BIP-705 requests 50,000 BAL and 12,800 USDC to fund the Balancer Grants program for Q4 2024, aiming to support V3 integrations and reduce overhead. The community vote has not started yet, but the funding is expected to attract projects, improve the grants program, and align with Balancer Labs and DAO goals.

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


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🆕 Proposal for Updating SP and Grantee Guidelines Under BIP-629 by 0xDanko

0xDanko's proposal for updating SP and Grantee guidelines under BIP-629 aims to improve adherence to Balancer's values, accountability, and legal compliance, with detailed standards and a structured funding proposal process. There have been no community discussions or determinations on the proposal's positivity or negativity, and no next actions have been identified.

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


More details
🆕 Oasis Onchain Quick Grants Program Targets Crypto Projects on Arbitrum in Caribbean and Global South

The Oasis Onchain Quick Grants Program aims to support the crypto ecosystem in the Caribbean and Global South by funding projects on the Arbitrum blockchain, with benefits including financial support, educational efforts, and increased governance participation. Community reactions are mixed, with praise for the focus on underserved regions and concerns about the KYC requirement and short application period.

🏷️ Grants - Grants Available


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