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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🆕 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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🆕 Glass_Markets Proposes Plan to Boost Lido Staked Ether Liquidity on Centralized Exchanges

GlassMarkets has proposed a plan to monitor and improve the liquidity of Lido Staked Ether ($STETH) on centralized exchanges, which could enhance accessibility and conversion options for holders, though concerns about the cost-effectiveness of the 20,000 LDO investment remain. The community is cautiously optimistic, with some support shown through initial grant disbursement, but questions about transparency and access to analytics persist.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 OP Mainnet Cycle #28: Boosting Non-USD/EURO Stablecoin Liquidity with Enhanced Transparency

Cycle #28 of the voting process for the OP Mainnet includes a mission to increase non-USD/EURO stablecoin liquidity, with community engagement evident through discussions on voting issues and transparency in grant allocations. The initiative is seen positively for diversifying financial options, and a bug affecting vote posting has been resolved, ensuring smooth participation.

🏷️ Grants - Grant Funding
🏷️ Proposal - Currently voting


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🆕 dYdX Chain's Proposed VIP Affiliate Program Sparks Debate Over Budget and Fairness

The proposal by KuyenLabs to launch a VIP Affiliate Program on the dYdX Chain aims to boost growth and trading volumes by offering significant earnings to VIP affiliates, with a $300,000 grant requested for its execution. Community reactions are mixed, with concerns about the budget, system structure, and potential preferential treatment, while no clear consensus on the program's overall positivity or negativity has been reached.

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


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🆕 ENS Ecosystem Working Group Requests $836K USDC Funding; Vote Scheduled for Oct 2024

slobo.eth has requested 836,000 USDC for the ENS Ecosystem Working Group to fund operations until April 2025, covering activities like hackathons and audits, with a vote scheduled for October 9th, 2024. There has been no community discussion or determination of the proposal's positive or negative impact.

🏷️ Grants - Grant Proposal / Application
🏷️ Proposal - Currently voting


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🆕 Lighthouse Project Enhances SAFE Community Governance with Mobile App for Proposal Tracking and Voting

The Lighthouse project aims to improve governance accessibility in the SAFE community through a mobile app that facilitates proposal tracking and voting, supported by a grant for UI/UX enhancements. While the project promises increased user engagement and ease of use, there has been no community discussion or identified negative aspects so far.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 ENS Public Goods Group Seeks 226k USDC from DAO for Web3 Support Amidst Lack of Community Input

The ENS Public Goods Working Group is requesting 226k USDC from the DAO wallet to fund operations supporting Web3 projects until April 2025, with a total budget of 315k USDC, including rollover funds. The funding will be used for builder grants, a perpetual bounty for developers, and event sponsorships, but there has been no community discussion or clear determination of the proposal's positive or negative impact.

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


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🆕 ArbitrumDAO Proposal Seeks $95K in ARB Restitution for Projects Hit by Delays

The proposal by karakrysthal to ArbitrumDAO seeks financial restitution for projects affected by delayed payouts and a drop in ARB value, suggesting $5,000 USD in ARB for each of the 19 projects, with community support highlighting the inefficiencies and negative impacts of these delays. The community is concerned about the operational setbacks caused by these issues, and while there is support for the proposal, there is also skepticism about its success due to common grant delays and the original ARB-based amounts.

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


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🆕 Aestus MEV Relay Seeks $50K Lido Grant Amid Financial Struggles and Community Support

Aestus is an independent MEV Relay that distributes MEV profits among validators to reduce centralization, but it faces financial challenges due to a lack of sustainable revenue and is seeking funding, including a $50,000 grant from LIDO. The community recognizes Aestus's importance and supports fundraising efforts, though concerns about the sustainability of repeated grants for multiple relays have been noted.

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


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🆕 Retro Funding 4: Boosting Optimism in On-Chain Innovation with Community-Driven Tools

Retro Funding 4 is an initiative to reward on-chain builders on the Superchain, with tools like the EVM Smart Contract Explorer being developed to assist in tracking smart contract data, and the community is actively engaging with feedback and suggestions. The initiative aims to incentivize innovation and improve data accessibility, with no significant negative aspects identified.

🏷️ Grants - Grants Available


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🆕 Rocket Pool Grant Applications Open for 2024: Seeking to Boost Node Operators and rETH Users

The discussion focuses on Rocket Pool's grant applications for a specific period in 2024, aiming to enhance node operators' and rETH users' experiences, with a structured process for application, review, and award announcement. A proposal to fund reviewers for the rETH Growth Incubator bounty is included, with a budget of $3,000-$5,000, but there has been no community feedback or updates on the initiative's impact.

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


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🆕 Timeswap STIP.B's Transparent ARB Allocation Strategy Gains Community Approval

The bi-weekly updates for Timeswap STIP.B focus on the allocation and utilization of ARB, detailing distribution strategies and future plans, with the community responding positively to the transparency and structured incentive distribution. The use of a Merkle distributor ensures efficient handling, and reports include comprehensive data and metrics for tracking, with no significant negative aspects identified.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback
🏷️ Newsworthy - Token Distribution


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🆕 Balancer Grants Wave 13: Efficient Resource Management Saves $5k USDC, Boosts V3 Adoption

The Balancer Grants Wave 13 report highlights successful funding of projects to support Balancer V3 adoption, with efficient resource management saving $5k USDC, but there has been no community discussion or identified negative aspects.

🏷️ Grants - Grant Program Update
🏷️ Grants - Grant Funding


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🆕 SEEDGov's September Delegate Incentive Program: 54 Qualify, 144k ARBs Distributed

SEEDGov announced the results of the Delegate Incentive Program for September 2024, with 54 out of 58 participants qualifying for incentives and 37 delegates sharing 144,408.85 ARBs, while three new members will join next month. There have been no community discussions, and the impact of the program remains undetermined.

🏷️ Grants - Grant Funding
🏷️ Delegate - Reasoning/Justification
🏷️ Newsworthy - Token Distribution


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🆕 Gonana: New Blockchain Marketplace for Agriculture in Arbitrum Ecosystem, But Impact Unclear

Gonana is a blockchain-based digital marketplace for agricultural commodities aimed at improving supply chain efficiency and security, with features like smart contracts and escrow logic, supported by a grant and part of the Questbook program and Arbitrum ecosystem. There is no community feedback or determination of its positive or negative impact, and no next actions have been identified.

🏷️ Grants - Grant Funding
🏷️ Grants - Grants Available


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🆕 Optimism Mainnet to Boost DeFi with 400k OP Grant for Decentralized Trading Enhancements

The Delegate Mission Request by MattL aims to enhance decentralized trading on the Optimism Mainnet and Superchain with a 400k OP grant, focusing on integrating decentralized solvers, aggregators, and limit order functionality to boost trading efficiency and liquidity. The community is supportive, with discussions on extending existing capabilities and potential grants for broader chain support, while the initiative is expected to increase DeFi activity and improve user experience on the network.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Uniswap Community Backs Strategic Deployments and Funding Initiatives in GFX Labs Thread

The \"GFX Labs - Delegate Communication Thread\" is a discussion platform for Uniswap proposals, focusing on strategic deployments and funding, with community support for initiatives like incentivizing $500K for Sei and streamlining deployment processes. The community is generally supportive, with no identified negatives, and recent updates include onboarding packages for Gnosis and OKX Chains and a proposal to renew the Delegate Reward Initiative.

🏷️ Grants - Grant Funding
🏷️ Proposal - Seeking feedback


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🆕 Lido DAO Community Backs 100k USDC Grant for Preconfirmation Analysis Project

The-CTra1n proposed a project funded by a 100,000 USDC LEGO grant to analyze the economic viability and security of preconfirmations, with findings to be published in two articles over three months. The community, including Tane, supports the proposal, emphasizing its importance for Lido DAO's policy on preconfirmation, though the overall impact remains undetermined.

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


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🆕 CoW DAO's AMM Integration Initiative Gains Traction with Successful Solver Bounties

The integration of CoW AMM with solvers, facilitated by CoW DAO, aims to enhance AMM functionality through phased implementation, offering a 10k DAI bounty to incentivize solver participation, with community support and suggestions for improvements. The initiative has been positively received, with successful bounty claims by two solvers, Furucombo and Fractal, indicating effective community engagement and potential for improved integration and performance.

🏷️ Grants - Grants Available


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🆕 Compound DAO Governor Contracts Upgraded for Enhanced Governance and Security

The DAO's Governor contracts are being upgraded to enhance governance flexibility, security, and future adaptability, with community members expressing support and anticipation for the changes. The upgrade, funded by Compound grants and executed by ScopeLift, will remove admin roles, allow multiple operations per proposal, and use Tally as the primary governance interface, with a proposal to transition the admin role marking the upgrade's completion.

🏷️ Grants - Grant Funding
🏷️ Changes - Technical Change
🏷️ Proposal - Seeking feedback


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