# Cycle 34 Preliminary Review Results **URL:** \ **Category:** Grants Updates\ **Created:** [March 7, 2025, 2:15pm UTC](https://gov.optimism.io/t/cycle-34-preliminary-review-results/9738 "2025-03-07T14:15:59Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![Gonna.eth](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/gonna.eth/32/3379_2.png) [@Gonna.eth](https://gov.optimism.io/u/Gonna.eth)\ **Post date:** [March 7, 2025, 2:15pm UTC](https://gov.optimism.io/t/cycle-34-preliminary-review-results/9738/1 "2025-03-07T14:15:59Z")
We’re pleased to share the results of Cycle 34 preliminary review. ### **Key Statistics:** - **Total Applications received:** 27 - **Previous Cycle rollovers:** 12 - **Passed preliminary review:** 10 - **Score Required to Advance:** 7 or higher - **Audits submission up until today:** 29 Applications were reviewed and scored by the **GrantNerds** in this phase and will now move to **Final Review**. You can find a detailed list [here](https://docs.google.com/spreadsheets/d/1olgdpwl-tqn5oJ2A71upAwcYHdHmtvrTEVxpQo33ceU/edit?gid=1661604027#gid=1661604027). ### **Budget Overview:** - **Total OP Requested by Finalists:** 13,731,497 OP - **Grants Council Budget:** 4,649,070 OP ### **Next Steps:** - Finalists will now be evaluated by Final Reviewers. - A finalists list was sent to the DAB for technical review. - An **NPS form** will be sent to declined applicants to collect feedback and assess the Grants Council’s KPI. ### **Reminder: Expected Impact on the Intent** The Grants Council awards grants on behalf of the Token House to drive progress toward the **Superchain TVL growth mission**. In Season 7, all Governance Fund missions are measured against the following success metrics: ✅ **Increase Superchain TVL (denominated in USD)** ✅ **Increase Stablecoin TVL across the Superchain** ✅ **Increase Wrapped Asset TVL across the Superchain** ✅ **Increase Bridged Asset TVL across the Superchain** Stay tuned for final selections by March 20th! We want to welcome **QuillAudits** to the Audits Service Provider. Congratulations for passing the whitelisting process! Cycle 34 projects list: | Nr | Title | OP requested | Avg Score | Result | | --- | --- | --- | --- | --- | | 1 | Euler Finance - Season 7 | 500,000 | 7.33 | Pass to Final Review | | 2 | Stargate Finance Grant Application | 500,000 | 7.33 | Pass to Final Review | | 3 | Uniswap on Superchain | 1,000,000 | 7.33 | Pass to Final Review | | 4 | Bedrock’s LRT Growth Plan | 500,000 | 7.00 | Pass to Final Review | | 5 | Compound SuperChain Expansion - OP, Base, Unichain | 600,000 | 7.00 | Pass to Final Review | | 6 | Fluid DEX on Base | 500,000 | 7.00 | Pass to Final Review | | 7 | LRT Rewards on SwellChain : KING Protocol | 200,000 | 7.00 | Pass to Final Review | | 8 | Morpho Co-Incentives (World Chain) | 464,000 | 7.00 | Pass to Final Review | | 9 | Mountain Protocol (USDM) - Grant Application | 130,000 | 7.00 | Pass to Final Review | | 10 | Sake Finance | 250,000 | 7.00 | Pass to Final Review | | 11 | Veil.cash | 25,000 | 6.66 | Push to Cycle 35 | | 12 | PoolTogether | 300,000 | 6.66 | Declined | | 13 | SONEX(Soneium) Grant Application | 100,000 | 6.00 | Declined | | 14 | Tempest Finance | 250,000 | 6.00 | Declined | | 15 | 40acres Finance | 120,000 | 5.66 | Declined | | 16 | DeSyn Protocol (Liquidity Infra) 50M TVL Growth Proposal | 1,000,000 | 5.66 | Declined | | 17 | Hermes: Supporting Superchain TVL Growth | 200,000 | 5.66 | Declined | | 18 | Contango S7 application | 199,997 | 5.33 | Declined | | 19 | Resolv: Bootstrapping USR and RLP TVL on Base and OP Mainnet | 1,000,000 | 5.33 | Declined | | 20 | Spot/IOU - Social Loans | 200,000 | 5.33 | Declined | | 21 | PROSPERAVEST ESG LTD | 55,000 | 5.00 | Declined | | 22 | SwapBased S7 Application | 80,000 | 5.00 | Declined | | 23 | Orderly | 200,000 | 4.33 | Declined | | 24 | WalletKit Chain Abstraction | 500,000 | 3.66 | Declined | | 25 | Astar Collective - S7 TVL Application | 500,000 | 3.00 | Declined | | 26 | Soccersm TVL Application | 200,000 | 3.00 | Declined | | 27 | CryptoSI Vest - Grant Application | 18,500 | 2.33 | Declined | | 28 | Anzen - RWA backed stablecoin | 500,000 | | Pushed from C33 | | 29 | Arcadia Finance | 164,000 | | Pushed from C33 | | 30 | BMX Grant | 225,000 | | Pushed from C33 | | 31 | Extrafi S7 Grant Application | 500,000 | | Pushed from C33 | | 32 | f(x) Protocol deployment on Base | 100,000 | | Pushed from C33 | | 33 | iETH | 50,000 | | Pushed from C33 | | 34 | Mode DeFAI Application | 600,000 | | Pushed from C33 | | 35 | Morpho Incentives | 700,000 | | Pushed from C34 | | 36 | Neemo Finance application | 100,000 | | Pushed from C33 | | 37 | Pendle x Ethena: Bootstrapping USDe/sUSDe TVL on Base | 1,000,000 | | Pushed from C33 | | 38 | Sonus Exchange S7 Incentives Application | 50,000 | | Pushed from C33 | | 39 | WOOFi Superchain grant application | 150,000 | | Pushed from C33 |