Batch 3: Approved Grants

5.25.22

The third batch of grants has officially been approved! This batch includes a total of six grants, amounting to ~$100,000 in funding. Check out the table below for details on each project.

It's been a tough couple of weeks for builders in the Cosmos ecosystem, especially those that have been affected by the Terra downturn. It's important to make sure that their valuable work doesn't go to waste.

The grants team is working hard to fund talented devs with Cosmos SDK and CosmWasm know-how to build on top of Osmosis. So far, we have received over 15 applications from Terra community members which are currently being evaluated. If you think your project could add value to the Osmosis ecosystem, don't hesitate to apply!

This week’s round takes us to ~$500,000 in pledged funding to grants. After taking these payments into account (which will be submitted soon, pending our USDC diversification plan) the OGP's multisig will still have over $2M to fund talented individuals or projects that are looking for a new home.

Alternative Osmosis Frontend

Other
Funding Amount

8,000 OSMO

Applicant

Citadel.one

Upfront

6,500 OSMO

Completion

1,500 OSMO

Osmosis alternative frontend with full functionality (including Superfluid), plus open source documentation and step-by-step guides. A mobile integration is also underway.

Users will be able to take advantage of Osmosis’ functionality "implicitly" as part of an aggregated swap, or receive tokens with the purpose to use them within another application immediately thereafter.

Node Services

Infrastructure
Funding Amount

$40,000 (in OSMO)

Applicant

All That Node

Upfront

$10,000 (in OSMO)

Completion

$30,000 (in OSMO)

To build and maintain Public Node, Faucet, StateSync infrastructure for 6 months, and Archive Node services for 3 months.

This will help Osmosis developers by offering stable services so they can build without significant barriers. Also, validators and developers can use the services to set their nodes up quickly and easily.

Osmosis Treasury Dashboard

Analytics
Funding Amount

30,000 USDC

Applicant

Multifarm.fi

Upfront

7,500 USDC

Completion

22,500 USDC

To build an in-depth treasury dashboard for Osmosis in order to track revenues, expenses, profitability, runway, as well as that of its sub-DAOs (Ministry of Marketing, Support Lab, Osmosis Grants Program).

This new level of transparency will increase trust in the protocol and, thus, attract more informed users managing more capital. This dashboard will also facilitate the creation of Financial Statements for Osmosis.

Educational Articles on Osmosis in Chinese

Education
Funding Amount

3,000 USDC

Applicant

Consensus Fintech Group

Upfront

Completion

3,000 USDC

Funding 5 educational articles for Osmosis in Chinese: The roadmap of Osmosis in 2022; Osmosis thesis – Sovereign chains are rising; CosmWasm scaling the Osmosis chain; MEV resistance on Osmosis; Interchain accounts adoption in the future.

This grant will onboard many people in the crypto space in China as many of them don't know about Osmosis yet because there is not much content out there about Osmosis in Chinese.

Popularization of Osmosis Platform / Weekly Streams

Education
Funding Amount

1,500 USDC

Applicant

Ivan Lomakin

Upfront

Completion

1,500 USDC

To improve picture and audio quality of the weekly streams, and focus more on the Osmosis platform.

The regular streams mention the Osmosis platform and its innovations on a regular basis. Improving the quality of the content is very important for podcast subscribers.

Portfolio Analytics & Yield Discovery

Analytics
Funding Amount

13,500 USDC

Applicant

Optical

Upfront

3,500 USDC

Milestone 1

5,000 USDC

Completion

5,000 USDC

To show users a full pool breakdown of their portfolio with historical data and incorporate Osmosis pools into their APY explorer. Milestone 1 will include the completion of full pool breakdown using historical data of TVL, volume, liquidity providers, swap fees, LP token value, pool age, token supply, token age, pool age, audits and ratios such as volume to liquidity. Milestone 2 (completion) will include personal calculation features such as risk parameters, impermanent loss calculator, fee calculations and wallet history.

This will allow users to track their positions over many networks by aggregating multiple wallet addresses into a single view. Also, users will be suggested Osmosis pools for better yield APYs, which will encourage them to move funds into the Osmosis ecosystem.