Sov's Crypto Grant Wire

🆕 zkSync Association funds $250 USDC bounty per executed Token Program Proposal for eligible Delegates — $4,000 total, covers TPPs since June 1, 2025, first‑come first‑served A ZKsync Association–funded pilot pays eligible Delegates a $250 USDC bounty on ZKsync Era for each Token Program Proposal (TPP) they sponsor that is executed onchain following Token Assembly approval, covering TPPs approved since 01 June 2025 with a total budget of $4,000 USDC and first-come, first-served distribution. Benefits: compensates Delegate time/resources and may increase sponsorship activity for Token Governor TPPs; costs/limits: $4,000 USDC budget and scope restricted to TPPs (ZIPs and GAPs excluded); there have been no community discussions, and eligible Delegates should contact a Governance Team member to claim. ⏩ More details

🆕 Reserve: Proposal for bi-weekly on‑chain eUSD FinTech RevShare tweak shifts Ugly Cash to 17.5%, stRSR to 75% (Sentz unchanged) — minor accuracy improvement, low risk, limited pushback - This proposes a bi-weekly onchain update to eUSD FinTech RevShare to realign revenue splits with current Ugly Cash and Sentz holdings (Ugly Cash 17.4% → 17.5%, Sentz 4.5% unchanged, stRSR 75.1% → 75%), claiming fairness and accuracy in distributions. \n- Benefit: minor allocation accuracy improvement and continued governance-backed cadence; Cost/Risk: negligible protocol risk cited due to 91% overcollateralization, and community reaction is limited with one recorded vote against. ⏩ More details

🆕 Solana Foundation Canada–backed JUP program embeds Jupiter DeFi tools into BC high school finance curriculum—students create wallets and swap, lend, stake assets (Aug–Dec); outreach reached ~60 educators A Solana Foundation Canada–backed program from the JUP community embeds Jupiter products into a high school personal finance curriculum so students create wallets and hands-on swap, lend, and stake assets to teach DeFi concepts and traditional finance topics (mapped to BC’s ADST & Career Education), running August through December. Benefits include higher engagement via applied learning and educator readiness from a May conference outreach to ~60 educators and onboarded classroom support staff; there are no reported community discussions or determined next actions. ⏩ More details

🆕 Spectra: Activate new USD₮0-18DEC2025 gauge on HyperEVM to redirect fees and incentives from expiring USD₮0 pool - Proposal to create and activate a new gauge for USD₮0-18DEC2025 on HyperEVM and redirect fees and incentives from the expiring USD₮0 pool (maturing on 2024-08-30) to maintain continuity of rewards and deepen stablecoin liquidity for Hyperbeat’s DeFi infrastructure. - Benefit: preserves and concentrates incentives to support Hyperliquid/HyperEVM stablecoin depth; Cost: no direct costs specified; Community: vote passed unanimously with 2 voters and 30,746,574.01 votes For, 0 Against, 0 Abstain. ⏩ More details

🆕 GMX DAO proposes $110K/month swap from GMX Solana into GT for 12 months to fund audits, infra and marketing; risks include ~16–18% revenue hit and potential price support A proposal asks the GMX DAO to execute a monthly treasury swap of $110,000 into GT from GMX Solana for 12 months (GMX Solana launched on 12 March 2025) to fund audits, infrastructure, development, and marketing, with GT pricing still being finalized and the community leaning toward the 30‑day average GT redemption price. Benefits: provides stable, transparent funding and aligns incentives while expanding GMX into Solana; costs/risks: ~16–18% of recent monthly DAO revenue, potential to overpay or artificially support GT price, and concerns about committing for a full year—current vote shows a majority approving (122 voters, 980,458.35 votes: Approve 716,353.99; Reject 264,104.36). ⏩ More details

📡 Update From the Grant Wire 📡 https://x.com/ENS_DAO/status/1960389350362943624

📡 Update From the Grant Wire 📡 https://x.com/yoitsOG/status/1958599121490595921

📡 Update From the Grant Wire 📡 https://x.com/Giveth/status/1960002401387037054

🆕 owocki: Gitcoin should prioritize supporting domain operators to scale Grants' quality, reach, and legitimacy owocki argues Gitcoin should prioritize supporting domain operators as a leverage point to scale Grants quality, reach, and legitimacy by providing fundraising enablement, mechanism/tooling support, tiered ops assistance, co-marketing, and a curated advisor/partner pool. Benefits: stronger fundraising outcomes, more secure and scalable on-chain rounds, and greater market credibility; costs: requires clear prioritization and resourcing from the GG Program Team; community reaction: none reported. ⏩ More details

🆕 Proposal seeks funding to build Forse Terminal for zksync governance (vote.zknation.io, forum.zknation.io); 3 months dev + 24 months maintenance, no community discussion A Token Program Proposal requests funding to build and maintain an open-source Forse Terminal that integrates with vote.zknation.io and forum.zknation.io to monitor governance liveness, detect security/collusion risks, and measure decentralization via real-time dashboards, network graphs, and alerts. If funded it would increase transparency, enable early detection of governance threats, and provide quantitative decentralization metrics; planned work is 3 months of development plus 24 months of maintenance with budget to be finalized, and there have been no community discussions. ⏩ More details

🆕 owocki's 30/60/90 plan for Gitcoin: fund Ethereum’s biggest problems, evolve capital allocation, hit GG24 Sep–Oct milestones and reveal Gitcoin 3.3 at Devconnect This is a 30/60/90 plan from owocki to restore Gitcoin’s social, economic, and reputational strength by focusing on funding Ethereum’s biggest problems, evolving capital-allocation software, and achieving “3,3,3,3” alignment across builders, domain providers, funders, and Gitcoin, with milestones in September (GG24 planning), October (GG24 execution), and November (retrospective and Gitcoin 3.3 reveal at Devconnect). Potential benefits are renewed leadership in funding Ethereum and improved capital allocation; main cost/risk is the need for flawless delivery across the September–November milestones to meet expectations, and there have been no community discussions reported. ⏩ More details

🆕 Scroll proposes three-seat Community Council to oversee Local Nodes and run Community Support Grants pilot, includes temporary 2.1M‑quorum veto This proposes a three-seat Community Council (one shared community seat, one shared governance seat, one external split seat) to oversee Local Nodes and run a Community Support Grants Pilot, with selection criteria, KPIs, monthly public notes, a 6‑month report, and a temporary form-based veto process requiring 2.1m quorum for a successful veto. Benefits: stronger oversight, accountability, regional representation, and grant expertise; costs/risks: potential onboarding delays and friction from veto thresholds; community reaction is limited with only the selected members publicly expressing readiness to contribute. ⏩ More details

🆕 Venus proposes raising xSolvBTC BNB Core supply cap to 1,375 to ease 99% utilization; borrow cap unchanged, holdings concentrated - Proposal to raise the xSolvBTC supply cap on Venus’s BNB Core from 1,250 to 1,375 to relieve 99% utilization and improve supply availability while leaving the borrow cap unchanged. \n- Benefits: eases supply congestion; Costs/risks: ~65% of xSolvBTC is held by one supplier and 74% of borrowing is BTCB which concentrates protocol risk, liquidity supports modest increase with <7% slippage on selling 30 xSolvBTC, and there have been no community discussions. ⏩ More details

🆕 Instadapp proposes integrating Maple Finance's ERC‑4626 syrupUSDC into Fluid (Ethereum, Arbitrum, Base) with three stablecoin vaults and conservative risk parameters - This proposal would integrate Maple Finance’s ERC-4626 yield-bearing syrupUSDC into Fluid on Ethereum, Arbitrum, and Base, initializing it on the Liquidity Layer and deploying three vaults (syrupUSDC/USDC, syrupUSDC/USDT, syrupUSDC/GHO) with conservative risk params (90% collateral factor, 92% liquidation threshold, 2% penalty) and a utilization-based rate curve (0% 0% util → 10% 50% → 20% 80% → 50% 100%). \n- Benefits: deepens USDC/USDT liquidity, expands stablecoin yield markets, and may attract institutional capital via Maple; Costs/risks: reliance on Maple’s loan strategies, pending oracle/deployment confirmations, and no recorded community discussion. ⏩ More details

🆕 ENS proposal reactivates SPP2 Superfluid streams by converting USDC→USDCx, pre-funding missed payments and recreating treasury→Stream Management Pod stream at 0.142599440769357573 USDCx/s (~$4.5M/yr) The proposal reactivates SPP2 streams halted by a Superfluid autowrap failure by approving USDC->USDCx conversion, wrapping enough USDCx to pay retroactive missed payments plus one week of pre-funding, and recreating the ENS Treasury→Stream Management Pod stream at 0.142599440769357573 USDCx/sec (~$4.5M/year). This restores expected cashflow to SPs, reduces recurrence risk by ensuring the auto-wrapper functions and Superfluid will cover any liquidation fees, with the only cost being the treasury USDC used for retroactive and prefunded streaming; there have been no community discussions. ⏩ More details

🆕 Grant Maxi Omni multisig Balancer Authorizer control of aura universal gauges, execution via DAO‑gated multisig Grant the Maxi Omni multisig Balancer Authorizer grantRoles to manage all universal gauge functions (adding/typing gauges, setting gauge factories, adjusting relative weight caps, killing/unkilling gauges) so execution is handled by a single execution multisig while remaining gated by DAO-approved Snapshot votes. This will speed up gauge operations and clarify operational ownership with on-chain, revocable multisig checks but concentrates authority in Maxi Omni and requires strong governance discipline; current Snapshot support shows 1 voter with 2,996,342.74 Yes votes and 0 No/Abstain, and if the Snapshot passes the next step is executing the Authorizer grantRoles per the linked PR. ⏩ More details

🆕 zksync governance call to review Security Council v2 funding, live voting on Guardians 2024–2026, Interop/Fast Finality upgrade, and live Delay Minter Mod The standing Proposal Review call on Wednesday, August 27th will let proposal authors present and discuss items including the passed TPP-6 Security Council v2 funding, live voting on TPP-7 ZKsync Guardians 2024–2026, ZIP-12 V29 Interop Messaging & Fast Finality Upgrade, and the newly live Delay Minter Mod. \n\nBenefits include continued governance funding, potential resourcing for Guardians, improved interoperability/finality, and safer capped-mint flows via a veto window; the cost is a pre-defined execution delay for delayed mints, there has been no community discussion reported, and attendees should expect the forum post update that day, subscribe to the “ZKsync Delegates Calls” calendar, and note that voting on TPP-7 is live. ⏩ More details

🆕 Optimism pivots ROI attribution, will include OPEX and tighten reporting — Season 8 slashes retro funding for dev tooling (3.65M OP) and onchain builders (1.35M OP) with no community discussion Season 7 evaluated program-level impact to grow Superchain TVL, found ROI measurement limited by attribution and excluded OPEX, and the Foundation will shift in Season 8 to a practical attribution methodology, include OPEX, and aim for more consistent ROI reporting to improve capital allocation. \n\nAs a result, Season 8 drastically cuts retro funding—developer tooling 3.65M OP and onchain builders 1.35M OP—potentially reducing support for those areas, and there have been no community discussions. ⏩ More details

🆕 Proposal for Gitcoin 3.*: "value‑accrual flywheel" using GTC upside to invest in and recycle returns from builder-led software, but needs rigorous selection and treasury execution and has had no community discussions This proposes a “value-accrual flywheel” for Gitcoin 3. that pairs high-quality domain programs and rounds with a disciplined investment function (using GTC upside) to identify, invest in, and recycle returns from the strongest builder-led software, compounding program quality and balance-sheet growth each epoch. Benefits: accelerates discovery of high-signal builders, improves capital allocation, and can grow the balance sheet and capabilities; costs/risks: requires rigorous selection filters, founder/momentum assessment, and strong treasury/back-office execution or the flywheel may fail; there have been no community discussions. ⏩ More details

🆕 LuukDAO proposes organizing GG24 into Domains; CeloPG to commit ~$150k to two foundational Domains, ops cost ~$650k, freeing ≥$900k in Gitcoin matching — no community discussion LuukDAO proposes organizing GG24 into 4–6 continuous Domains, with CeloPG committing ~150,000 USD of its GG24 budget to two foundational Domains—Public Goods R&D and Targeted Development & Adoption—to improve cohesion, knowledge sharing, attract third‑party commitments, and free up matching funds for other areas. Operating those two Domains is estimated to cost ~650,000 USD (with $250–300k expected from non‑Gitcoin stakeholders), leaving at least ~900,000 USD in Gitcoin matching funds; there have been no community discussions. ⏩ More details