Batch 15: Approved Grants

6.28.23

We're thrilled to announce the approval of Batch 15 of grants! This batch includes five grants for a total of $189k in funding. You can learn more about each grant below, including specific project and funding details.

With the imminent launch of Supercharged Liquidity, it will be important to preserve Osmosis’ top notch UX for both retail and sophisticated traders. The Hummingbot connector will be a key piece of trading infrastructure as it will allow its community of sophisticated traders to connect to and run advanced strategies on Osmosis, and the integration of real-time notifications into the Osmosis frontend via Notifi will allow Liquidity Providers to be notified when their Supercharged Liquidity positions are out of range, as well as a number of other notification types.

As more and more apps deploy on Osmosis, we'd like to make sure that they have the necessary tools to manage their communities and grow their user base. The DAO DAO deployment will make sure that these apps can set up token governance with ease, and Genie's integration with Osmosis will facilitate token distribution campaigns by abstracting away the technical implementations.

Last but not least, Messari's quarterly reports will help the community stay informed on the financial state of Osmosis and spread awareness about Osmosis, given their large audience of crypto professionals and enthusiasts.

Hummingbot Connector

Infrastructure
Funding Amount

$40,000 (in OSMO)

Applicant

Pecunia Finance DAO

Upfront

Milestone 1

$10,000 (in OSMO)

Milestone 2

$25,000 (in OSMO)

Milestone 3

$5,000 (in OSMO)

Completion

To build a connector which will allow Hummingbot to support trading and LPing on the Osmosis DEX, including support for Concentrated Liquidity. Hummingbot is an open source framework that helps you build automated trading strategies, or bots that run on decentralized exchanges. Milestone 1 = at completion of the development of the core connector, endpoints, and testing; Milestone 2 = once the integration is fully delivered and the pull request is merged by the Hummingbot team; Milestone 3 = after having maintained the connector for one year since the delivery of Milestone 2.

Integrating Hummingbot with Osmosis will enable algo-traders to deploy high-frequency trading strategies between Osmosis and markets supported by Hummingbot (both DEXs and CEXs). This will in turn bring more users, trading volume, and price stability to Osmosis. Pecunia Finance is a DAO that offers blockchain software solutions supporting the future of DeFi, and is a regular contributor to the Hummingbot DAO.

Notifi

Tooling
Funding Amount

29,000 USDC

Applicant

Andrew Jang

Upfront

Milestone 1

5,000 USDC

Milestone 2

2,000 USDC / month

Completion

To integrate Notifi's white-label notification services into the Osmosis frontend to provide users with critical updates. The integration will include notifications for product announcements, account alerts, account activity, and portfolio alerts for the Osmosis DEX and other dApps building on top of Osmosis. Milestone 1 = at completion of the integration of notification into the Osmosis frontend; Milestone 2 = monthly recurring fee (for an initial 12 months) that kicks in once the integration is complete.

The addition of real-time notifications on the Osmosis frontend should improve the UX of using Osmosis and the dApps built on top, as well as increase user engagement and retention. Notifi builds on-chain and off-chain communication infrastructure and tooling for Web3 projects to better manage their users and communities. Existing clients include Orca, Benqi, and Pontem Network.

DAO DAO Deployment

Tooling
Funding Amount

50,000 USDC

Applicant

DAO DAO

Upfront

Milestone 1

25,000 USDC

Milestone 2

15,000 USDC

Milestone 3

10,000 USDC

Completion

To deploy DAO DAO on Osmosis. DAO DAO helps you build and operate multi-sigs and DAOs with a simple visual interface. Milestone 1 = after having deployed DAO DAO multisig (membership DAOs), utility contracts such as cw-vesting and token swaps, and Polytone for seamless DAO-controlled Interchain Accounts on Osmosis; Milestone 2 = after having deployed NFT and Token Factory DAOs on Osmosis; Milestone 3 = after having maintained the full implementation of DAO DAO on Osmosis for one year since the completion of Milestone 2.

With DAO DAO, projects and communities on Osmosis will have immediate access to best-in-class DAO tooling without having to create their own governance modules, smart contracts, DAO management tools, and more. DAO DAO is a DAO that builds DAOs, and open source DAO tooling.

Genie Integration

Apps
Funding Amount

$50,000 (in OSMO)

Applicant

Joseph Lim

Upfront

$5,000 (in OSMO)

Milestone 1

$10,000 (in OSMO)

Milestone 2

$10,000 (in OSMO)

Milestone 3

$25,000 (in OSMO)

Completion

For Genie to add support for Osmosis. Genie allows anyone to create Web3 incentive campaigns with precision wallet behaviour targeting. Milestone 1 = at completion of the data pipelines, backend, and asset repositories that will power the rewards smart contract on Osmosis, and the frontend UI for both creating a campaign and claiming rewards; Milestone 2 = after having created the APIs that will allow campaign managers to integrate the claim rewards experience into their own frontends; Milestone 3 = at completion of the project (once the smart contract is audited and launched on Osmosis mainnet).

Through superior incentive and distribution mechanisms, Genie's integration with Osmosis will abstract away massive amounts of granular data chore work, so apps and protocols can focus on running campaigns to engage their communities rather than spending time on the technical implementations. Joseph is the co-founder and CEO of Coinhall, and focuses on developing the business and product.

Messari Quarterly Reports

Education
Funding Amount

20,000 USDC

Applicant

Jack Purdy

Upfront

5,000 USDC

Milestone 1

5,000 USDC

Milestone 2

5,000 USDC

Milestone 3

5,000 USDC

Completion

To create four quarterly reports for Osmosis, similar to the ones they've done in the past.

Having Messari publish quarterly reports on Osmosis will not only help the community stay informed on the financial state of Osmosis, but also help spread awareness about Osmosis, given their large audience of crypto professionals and enthusiasts. The reports will be linked to their newsletter which has over 350k subscriptions. Messari is the leading provider of crypto market intelligence products that help businesses, compliance teams, builders, and investors navigate the crypto economy.