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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🆕 Rocketpool GMC Financial Report for Sept 2024: Payments and Allocations Detailed

The summary discusses the GMC's financial activities for September 2024, detailing payments to community members and funding allocations for education, marketing, and business development, with transparent documentation available. There is no community reaction, and the impact of these activities has not been determined as positive or negative.

🏷️ Grants - Grant Funding


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🆕 Gitcoin's Summer 2024 Grant Round Raises $3.8k for Psychedelic Science and Art Projects

The Summer 2024 grant round, focused on decentralized science and art related to psychedelics, successfully raised $3,812.44 to support 8 projects, highlighting strong interest and potential for future growth despite challenges in project alignment and community reach. The initiative aims to reduce the stigma around psychedelics and plans to expand community engagement and launch a DAO for sustainable impact.

🏷️ Grants - Grants Available
🏷️ Grants - Grant Funding
🏷️ Grants - Grant Program Update


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🆕 Arbitrum's Delegate Incentive Program by SEEDGov Garners Positive Feedback Amid Concerns

The Delegate Incentive Program by SEEDGov rewards delegates for active participation, with eligibility criteria and a Karma dashboard for tracking, and has received positive feedback for its transparency and adaptability, though concerns about redundancy and dashboard issues have been raised. The community is actively engaging with the program, providing feedback and seeking clarifications, while SEEDGov addresses concerns and allows disputes within a 2-day window.

🏷️ Grants - Grant Proposal / Application
🏷️ Delegate - Reasoning/Justification
🏷️ Proposal - Seeking feedback


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🆕 Arbitrum Community Divided Over Pyth Network's LTIPP Grant Extension Proposal

The proposal to extend the Pyth Network's LTIPP grant aims to support DeFi applications on Arbitrum by covering gas costs, with mixed community reactions; some support the extension for its benefits to infrastructure and oracle diversity, while others oppose it due to concerns about fund allocation and adherence to the DAO's recent \"detox\" decision. The extension is seen as positive for maintaining development momentum and transparency, but faces significant opposition, leading to its non-approval.

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


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🆕 Arbitrum DAO Votes on Additional Funding for Steakhouse Financial Amid Fee Discrepancies

The discussion revolves around the election of Steakhouse Financial as the STEP program manager, with the DAO considering funding options due to a fee discrepancy, and the community expressing concerns about currency value fluctuations and payment management. A vote is underway to decide on additional funding for a year, with community members generally supporting this to ensure the program manager can complete their term and allow for a comprehensive evaluation.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 Community Call Announced for Retrofunding Rounds 5 and 6 on October 8th

Michael announced a community call on October 8th to discuss Retrofunding rounds 5 and 6, with no current community discussions or determined outcomes.

🏷️ Grants - Grant Funding
🏷️ Event - Online


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🆕 Synthetix LTIP Grant Extension Proposal Sparks Debate in Arbitrum Community

The discussion is about a request for an 8-week extension of the Synthetix LTIP grant to coincide with the launch of the Multi-Collateral Perps feature on Arbitrum, aiming to utilize 900k ARB in trading fee rebates. The community's reaction is mixed, with concerns about fairness, transparency, and setting precedents for future extensions, while some support the extension due to alignment with product release and pre-allocated budgets.

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


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🆕 EP0.4 Initiative Awards Term 5 Grants to Boost ENS Ecosystem Development

The Term 5 Grants under the EP0.4 initiative by the Ecosystem Working Group are supporting projects that enhance the ENS ecosystem through technical advancements, with strong community support and enthusiasm for these developments. The initiative encourages innovation, improves user experience, and provides financial backing for valuable projects, while notable contributions include tools for ENS name resolution, cross-chain availability, and integration with off-chain systems, though no negative impacts have been identified.

🏷️ Grants - Grant Funding


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🆕 Community Voting on 500k USDC/BAL Funded Audit Competition for Balancer v3 Security

The proposal is about funding a Spearbit Cantina audit competition to enhance the security of Balancer v3 before its launch, with a prize pool of 250k USDC and $250k in BAL tokens, and any unclaimed funds returning to the DAO. The community vote is ongoing with no votes yet, and the competition incentivizes thorough vulnerability discovery, ensuring efficient resource use.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting
🏷️ Security - Audit


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🆕 Lido Proposal to Adjust Easy Track Limits Gains Unanimous Community Support

The proposal seeks to adjust the Easy Track limits for two Lido Contributors Group addresses to better match current funding needs, reducing Pool Maintenance Labs Ltd.'s limit and increasing Argo Technology Consulting Ltd.'s limit, with unanimous community support so far. These changes aim to align on-chain security with operational requirements and support ongoing and future initiatives.

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


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🆕 TogetherCrew Seeks Approval for Web3 Social Network Analysis to Boost Engagement

The TogetherCrew project, led by danielo, aims to enhance community engagement by analyzing public data from Web3 social networks while ensuring data privacy and ethical management, with community reactions being mixed but generally supportive. The project is funded through grants, requires no additional community budget, and a snapshot vote is planned to approve read access, with results expected in 1-3 months.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 CowDAO Proposal Sparks Debate Over Incentives for Liquidity Providers

The proposal by solvercow aims to incentivize solvers with a weekly grant of 1k USDC/DAI to improve liquidity provision across AMMs, with a budget cap of 20k USDC/DAI over 5 weeks, but community members have raised concerns about long-term sustainability and potential issues with 'unburnt' fees. The community's reaction is mixed, with some support for the initiative but also questions about its long-term impact and effectiveness.

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


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🆕 Balancer v3 Security Audit Proposal: $500k Prize Pool for Vulnerability Identification

The proposal is to fund a Spearbit Cantina audit competition for a final security review of Balancer v3, with a prize pool of 250k USDC and $250k in BAL tokens, aiming to identify vulnerabilities before launch. The community vote is ongoing with no votes yet, and unclaimed funds will be returned to the DAO, ensuring resource efficiency.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting
🏷️ Security - Audit


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🆕 Optimism's Collective Grant Policies Spark Debate Over "No Sale" Rule and Growth Strategy

The discussion centers on Optimism's Collective Grant Policies, particularly the \"No Sale\" rule and lock-up periods, aimed at ensuring OP tokens are used to promote sustainable growth, with mixed community reactions highlighting both support for ecosystem growth and concerns over policy restrictiveness. Recent updates have clarified enforcement processes and streamlined grant management, though some community members remain concerned about the policies' restrictiveness and enforcement capabilities.

🏷️ Grants - Grant Program Update


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🆕 GMX STIP-Bridge Report: $5.4M ARB Grant Boosts Arbitrum Liquidity and Growth

The GMX STIP-Bridge Final Report outlines a successful campaign funded by a 5.4 million ARB grant to enhance liquidity, launch new token markets, and support projects on GMX V2, contributing to the growth of the Arbitrum network despite challenges like reduced incentives and competition. The community has reacted positively, acknowledging the campaign's achievements, although concerns about future funding stability and attracting quality grant applications remain.

🏷️ Grants - Grant Funding


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📡 Update From the Grant Wire 📡

Name:
Worldcoin: Introducing continuous grants

Type:
🤝 = Grants

Link:
https://x.com/worldcoin/status/1841468758235222262
🆕 AnthiasLabs Seeks OP Grant to Boost Superchain Protocols with Borrow/Lend Aggregator

AnthiasLabs is developing a borrow/lend aggregator for Superchain protocols, requesting a 150,000 OP grant to centralize liquidity and offer competitive rates, with community members suggesting enhancements and emphasizing the importance of OP Stack interoperability. The project faces budget constraints, with Rizz from Ionic advocating for increased funding due to the project's complexity and potential ecosystem impact.

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


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🆕 Decentralized Contract Attestation Tool Proposed for OP Stack; Community Engages with Optimism

A Delegate Mission Request by jackanorak aims to create a decentralized, open-source contract attestation tool for the OP Stack, with a grant request of 40k, and the community is actively engaging by seeking clarifications and expressing interest in participation. The proposal's impact includes facilitating retro funding and governance across chains, though its overall positivity or negativity remains undetermined.

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


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🆕 ENS Meta-Governance Funding Proposal Seeks 639k USDC from DAO Treasury

A proposal by 5pence.eth seeks funding from the DAO treasury for the ENS Meta-Governance Working Group to cover expenses through April 2025, totaling 639k USDC, with no community discussions or clear positive or negative reactions identified.

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


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🆕 Boosting Non-USD/EUR Stablecoins: @Michael's Proposal for OP Mainnet Gains Mixed Reactions

Michael has proposed a Delegate Mission Request to boost liquidity for non-USD and non-EURO fiat-pegged stablecoins on the OP Mainnet, with a 15k grant available to support projects focusing on these stablecoins, aiming to benefit developers outside the US and Europe. The community has mixed reactions, with some questioning the focus on non-USD/EUR stablecoins and others expressing skepticism about the initiative's potential impact.

🏷️ Grants - Grants Available
🏷️ Proposal - Seeking feedback


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🆕 Structured Review Process for Retroactive Public Goods Funding Sparks Optimism

The Retroactive Public Goods Funding application review process is a structured method involving selected Citizens who review funding eligibility over two weeks, adhering to strict guidelines and a checklist, with no current community discussions or determined outcomes on its positivity or negativity.

🏷️ Grants - Grant Proposal / Application


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