We’re thrilled to unveil batch 27, which includes 3 grants for a total of $23,550 in funding. You can learn more about each grant below, including details about the specific projects and funding.
Interchain Cosmwasm Developer Courses
$6,150
Obi
$6,150
The team behind Obi wallet proposes to create a series of comprehensive and interactive Cosmwasm developer courses. This same team created the Cosmwasm developer courses for Terra, which were used by over 5000 developers before Terra’s collapse in 2022. The series is meant to be a chain-agnostic CosmWasm education spanning from smart contract basic to advanced principles. This grant is part of a larger CosmWasm education initiative for all 5 courses jointly funded with Neutron. The grant cost of $6,150 covers half of the cost of the first course: Quick Start & Rust for Smart Contracts. The other half of the course is being covered by the Neutron Grants Program. If both parties are satisfied with the quality of the first course, they will commit further funding to cover the remaining courses. Both teams are also reaching out to other similarly situated teams (AADAO, dYdX, Interchain Foundation, Archway, etc) to help share the cost of future courses. The courses will be deployed on the Thinkific platform, a developer educational platform that will make the course free to use for developers wishing to interact with the program. Thinkific collects developer contact information and course submissions, providing a pipeline for new smart contract developer outreach and activations. The course videos will also be posted to the Osmosis and Neutron Youtube channels.
Developer activation continues to be an underfunded category in the broader interchain ecosystem. As the center of liquidity and largest chain in the interchain (by active developers), Osmosis should play a role in increasing developer onboarding routes through educational initiatives like this one. In turn, Osmosis should see an outsized return in the form of developer activations and new protocols being built with Osmosis’s liquidity at the center.
Incentives Optimization - Liquidity Bootstrapping Model
$12,000
Harthor Nodes
$12,000
OGP currently has an ongoing grant agreement with Hathor for maintenance of the existing incentives mechanism through the end of 2024. This includes small algorithm optimizations and maintenance of the underlying model when new pools are added. However, the incentives working group would like to transition the current incentives mechanism to a bootstrapping model, by which pools will receive incentives for only a short period to bootstrap initial liquidity before seeing these incentives slowly phased out. Transitioning to this model will require significant changes to the incentive optimization algorithm, as well as bespoke research into ideal target APRs for new and existing LPs. This is expected to take approximately 1 month. The model is estimated to save between 750 - 1000 OSMO in additional emissions per day, resulting in a net savings to the protocol of $146,000 over the course of a year at current OSMO prices.
As with previous grants to Hathor for incentive optimization, this grant is aimed at minimizing inefficient LP incentive spending to reduce the number of OSMO that enter circulation. To date, the working group has saved nearly 4 million OSMO in emissions for the protocol.
Data.Lenses - Osmosis Analytics
$5,400
Numia
$2700
$2700
DataLenses is a dashboard designed to help the community and users access a public-facing Osmosis dashboard. The DataLenses dashboard available here https://www.datalenses.zone/chain/osmosis/overview includes pre-selected, actionable data analytics widgets that provide information not easily accessible elsewhere.
The goal of this grant is to ensure that all frontend features and graphs remain fully functional for 12 months. It also includes a budget for small feature improvements and graph updates, which may be requested by the community or the Osmosis team. Additionally, email-based user support will be provided through a helpdesk.
