This grant will serve to integrate Kado's on/off-ramp interfaces, fiat-crypto APIs, and stablecoin payments infrastructure with Osmosis. The initial grant will help cover audit costs, and the completion grant will help cover swap fees and bridge fees, which will be matched by Kado with $25k in incentive support for Osmosis.
Kado is a crucial piece of infrastructure for Osmosis to compete with CEXs as it will enable users to on/off ramp directly onto Osmosis, and facilitate stablecoin payments.
33% upfront / 66% at completion of the integration
The team is already at work with Axelar to create the first On/Off-Ramp to and from Osmosis, using axlUSDC