The OGP has approved Batch 7 of grants today! This batch includes a total of four grants, which amount to $265,000 in funding. As always, we share more info on each grant below, including project descriptions and payment structures.
It's hard to believe that the OGP has been live for over four months… time flies! You can learn more about our accomplishments to date in our Q1 Retroactive Report. We encourage all prospective applicants to go through the Call for Applicants section of the report for inspiration before applying, as we highlight some of the categories and RFPs we'd love to fund over the next few months.
Now that we've completed another stablecoin diversification round, existing grantees should expect to receive their outstanding payments soon. We appreciate the community's patience on this front while we've worked through this process.
Transak
$75,000 (in OSMO)
Carlo de Luca Gabrielli
$15,000 (in OSMO)
$15,000 (in OSMO)
$45,000 (in OSMO)
To integrate the Osmosis blockchain into their liquidity system to support a native on ramp experience for OSMO, with full US support. The $15k bonus will be delivered if the integration is completed within 1 month of initial payment.
Transak will support a variety of different payment methods, such as Apple Pay, Google Pay, Bank Transfers and other local payment methods in 125+ countries. Apps building on top of Osmosis will also be able to use the on ramp to onboard new users and monetise their existing user base.
Runtime Monitoring Toolkit
$50,000 (in OSMO)
Scanworks
$25,000 (in OSMO)
$25,000 (in OSMO)
To build support for all Osmosis chain specifics, as well as CosmWasm contracts. The toolkit will monitor a stream of security-focused Osmosis events in real-time and allow users to set custom smart contract alerts, that trigger when specific conditions are met. Milestone 1 will include Osmosis + CW support and the implementation of custom alerts; milestone 2 will involve the implementation of the stream of events feature.
Access to real-time monitoring tools that can trigger custom events, fire alerts when an exploit is happening, or detect bugs after deployment will increase the overall security of the Osmosis chain and other apps built on top of it.
Zodiac Protocol
40,000 USDC (up to 50,000 USDC to cover audit costs)
JC#8786
15,000 USDC
25,000 USDC
To deploy Zodiac Protocol's fixed and variable yield markets on Osmosis. Zodiac has also committed to airdrop 10% of their total token supply to Osmosis users, with some predetermined rules that will be detailed by the Zodiac team.
Zodiac will bring a new DeFi primitive to Osmosis, which will provide liquidity providers with different risk-return profiles via liquidation-free leverage from principal tokens, trading-volume-linked cash flow from yield tokens, and new potential use-cases such as collateral for borrow/lend protocols like Mars.
Apollo Safe
$50,000 (in OSMO)
Apollo DAO
$50,000 (in OSMO)
Retroactive grant for the deployment of Apollo Safe on Osmosis – the first CosmWasm app to be approved by governance!
An easy-to-use multisig is crucial for any developing crypto ecosystem, as it improves accessibility for all users. This is particularly important as more and more DAOs will deploy on Osmosis, to make sure they can operate effectively and securely.
