Phase
Apps
in progress
approved
Completed
Description

Phase will allow Osmosis users to automate investment strategies while generating yield on their investments. It will be built on top of Osmosis using CosmWasm smart contracts.

Purpose

The first automated investment strategy they will focus on is Dollar Cost Averaging, with others in the pipeline. Their main goal is to have a fully functional and easy to use product that will allow users to maintain yield exposure while de-risking their investment into a token. Phase is also planning on having a token, a portion of which will be airdropped to the Osmosis community.

Funding Amount

40,000 USDC (up to 50,000 USDC to cover audit costs)

Payment Structuree

25% upfront / 25% at completion of proof of functional integration for swap and lend / 25% at completion of the project. The audit cost will be covered by the OGP, up to an amount of 50,000 USDC

Execution

3 months

Grantee

Luke Rosa