We're thrilled to announce Batch 17 of grants today! Three grants were approved in this batch for a total of $480,000 in funding.
We're excited to keep working with repeat grantees: Skip, Confio, and Nabla.
- After having successfully delivered on Protorev, a custom MEV module that has captured around $120k of arbitrage revenue for the DAO since inception, Skip will bring Protocol Owned Builders, an in-protocol Oracle solution, and an EIP-1559 fee market to Osmosis as core contributors.
- Since Phase 1 of Mesh Security back-end development has been completed, Confio will now work on Phase 2, which is aimed at launching V1 of Mesh Security (uni-directional) and testing it with low-cap chains as consumers and larger chains like Osmosis as providers.
- Nabla is another repeat contributor who will now work on creating informational token pages that will be added to the Osmosis frontend to facilitate data discovery, as well as extending Osmosis’ CLI tool so that developers can create CLI txs and sign them using Keplr.
As always, you can find more details on each grant below.
Skip's POB implementation will help Osmosis recapture CEX/DEX arbitrage and top-of-block MEV, ultimately enhancing protocol revenue, while their in-protocol Oracle module will enable price updates per block, making Osmosis even more powerful for new applications. Finally, the EIP-1559 fee market will dynamically adjust fees to improve user experience and manage transaction load. Skip Protocol helps sovereign blockchains and frontends improve UX and leverage MEV to enrich network stakeholders and protect them from its harmful effects.
$225,000 (OSMO + USDC)
35,000 USDC / month
$60,000 (in OSMO)
$60,000 (in OSMO)
This grant will serve to test the version of Mesh Security that is security provider to consumer only (uni-directional), in preparation for Phase 3, which will involve the delivery of a battle-tested bi-directional version of Mesh Security. Confio builds tools for blockchain developers to deliver better products faster. Their creations include CosmWasm, CosmJS, and other essential technology for the Cosmos ecosystem and beyond.
$15,000 (in OSMO)
$5,000 (in OSMO)
$10,000 (in OSMO)
Manually signing transactions through the CLI is a common pain point that many developers experience and regularly waste time on. The CLI extension will improve the developer experience of Osmosis' web CLI by facilitating message signing via the CLI. With token info pages, users will be able to find all the info they need on a given token directly on the Osmosis website, instead of having to navigate to external sites such as CoinGecko and CoinMarketCap. Nabla is a company dedicated to helping companies in web3 build useful customer experience tools, with a focus on the Cosmos ecosystem. The team is a repeat grantee as they've previously built the Cosmoswap frontend.