Batch 10: Approved Grants

1.31.23

We're thrilled to announce Batch 10 of grants today! This batch includes a total of four grants which amount to $119,000 in funding. Read up on each grant below, including funding details, descriptions, and value-add to Osmosis.

Two new discussions have been initiated on Commonwealth related to existing grantees:

  • After the completion of the incentives optimization research and dashboards, a new discussion has been initiated to decide whether Osmosis should use the new optimization algorithm to issue LP incentives.
  • A proposal has been posted to discuss how Osmosis should initially handle the revenue generated by the ProtoRev module.

Be sure to share your thoughts on both posts! We're also hosting a Twitter Spaces with Hathor Nodes and Chaos Labs tomorrow to address any concerns or questions on their incentives optimization work.

Stay tuned for more updates on grantees in our upcoming January Monthly Report, which will be published in the blog section of our website.

Map of Zones Opex Support

Analytics
Funding Amount

43,000 USDC

Applicant

Map of Zones

Upfront

Monthly

7,167 USDC

Completion

To support Map of Zones’ ongoing operational costs for the next six months.

Map of Zones provides on-chain data on IBC-enabled chains. It's one of the top public goods in the IBC ecosystem, and has brought a ton of attention and transparency to the Cosmos since inception. Osmosis is the #1 chain in terms of IBC volumes, and having Map of Zones brings critical insight and utility to the Osmosis community.

Ping Pub Dashboard Improvements

Infrastructure
Funding Amount

$50,000 (in OSMO)

Applicant

Liang Ping

Upfront

$10,000 (in OSMO)

Milestone 1

$10,000 (in OSMO)

Milestone 2

$20,000 (in OSMO)

Milestone 3

$10,000 (in OSMO)

Completion

A retroactive grant for the development of ping.pub to date, and a further grant to rebuild the open source dashboards and explorer using Telescope and CosmosKit. The dashboards will include convert and swap functionality leveraging the Osmosis AMM. All dashboard components will be open sourced, allowing them to be embedded on existing websites. Telescope and CosmosKit will also benefit greatly because they will be extended to support VueJS. Milestone 1 = Integrate and improve Telescope and Cosmos Kit; Milestone 2 = Ping.pub dashboard with Osmosis swap widget; Milestone 3 = Deploy the Osmosis swap widget on at least five apps.

Extending ping.pub's open source tools to the VueJS community will increase the reach of Osmosis-funded tooling, which will help grow the Cosmos and increase adoption. What's more, the new Osmosis swap and convert widget will increase exposure for Osmosis and make it more accessible to users, and in turn, increase liquidity and volume on the DEX. Ping.pub is an open-sourced explorer/wallet interface which is used by a ton of smaller chains since Keplr doesn’t support every single chain. Liang Ping has been a consistent builder in the Cosmos ecosystem for over three years.

SDK for Trading Strategies

Infrastructure
Funding Amount

$20,000 (in OSMO)

Applicant

Dfuse

Upfront

$5,000 (in OSMO)

Milestone 1

$5,000 (in OSMO)

Milestone 2

$10,000 (in OSMO)

Completion

To build a Python SDK for traders to implement and execute quantitative trading strategies. Milestone 1 = completion of trading bot with CEX to DEX, DEX to DEX, and beta hedging strategies; Milestone 2 = completion of strategies for concentrated liquidity once that's live.

The trading SDK will help to generate more volume and contribute to more accurate pricing on Osmosis as it’ll make it easy for anyone to implement any sort of strategies with minimal effort. Once concentrated liquidity goes live, the SDK will enable various teams to implement their own flavour of Market Making which will result in much better quotes for users. Dfuse is a quant firm founded by a team with extensive experience in the traditional financial industry. In addition to their work in TradiFi, the team has crypto-native experience, which includes market-making on various regional CEXs, MEV in cosmos, funding rate arbitrage on various CEXs/DEXs.

Cosmy Wasmy V2

Tooling
Funding Amount

$6,000 (in OSMO)

Applicant

Spoorthi

Upfront

Completion

$6,000 (in OSMO)

To support the upcoming v2 implementation of Cosmy Wasmy, a vscode extension which helps developers build their CosmWasm-based smart contracts. v2 will include support for new features such as Beaker, notebooks, discoverability of tests from the Test Explorer, and multiple languages.

Cosmy Wasmy v1 is aimed at helping developers build their own contracts. The upcoming v2 implementionis focused towards making the extension useful when developers are working in teams or contributing to open-source contracts developed by others and to enable quick and easy testing. Spoorthi has been working in and around Cosmos for over two years. She previously worked for Ignite (formerly Tendermint) as a Protocol Engineer and is currently employed at Phi Labs where she works on Archway.