We’re pleased to share the final results of Cycle 36, marking the successful completion Grants Council Season 7.
Key Outcomes
- Applications Approved: 1
- Applications Declined on Final step: 16
- Audits Approved: 4
- Audits Declined: 12
Funding Overview
- Total OP Granted for TVL Growth: 235.000
- Returned to the GovFund: 151.000
- Total OP Granted for Audits: 408.008
- Returned to the GovFund: 9.116
With less than 2% of the budget remaining (Season budget 10M OP), the GC has decided to close submissions for the remainder of the season. That said, our work continues. Council members are actively contacting applicants for NPS surveys, TVL growth reports, and laying the groundwork for an AI tool to support Season 8 (more on this soon).
I’ll be posting a season reflection document, demoing the tool we are building, and a list with all GC approved incentives as soon as I can.
As always, thank you to the Developer Advisory Board (DAB) for their invaluable insights on all Final Review applications.
We appreciate the efforts of all applicants, reviewers, and stakeholders who contributed to Cycle 36! 
Final Grants List of Cycle 36:
| Nr | Title | OP requested | Result |
|---|---|---|---|
| 1 | Bedrock’s Base & BOB LRT Growth Plan | 235,000 | Passed |
| 2 | PoolTogether | 300,000 | Declined |
| 3 | Bedrock’s Optimism & Mode LRT Growth Plan | 133,333 | Declined |
| 4 | Aave on OP mainnet | 380,000 | Declined |
| 5 | Strands | 95,000 | Declined |
| 6 | Exa App | 50,000 | Declined |
| 7 | Pareto’s Credit Vaults | 150,000 | Declined |
| 8 | XLend S7 Grant Applicarion | 50,000 | Declined |
| 9 | PancakeSwap on Base | 300,000 | Declined |
| 10 | yUSD: Institutional Yield on Superchain | 100,000 | Declined |
| 11 | Pell Network on BOB | 100,000 | Declined |
| 12 | Seamless Leverage Token Grant Application | 200,000 | Declined |
| 13 | SONEX(Soneium) Grant Application | 500,000 | Declined |
| 14 | Resolv: Bootstrapping USR and RLP TVL on Base and OP Mainnet | 1,000,000 | Declined |
| 15 | f(x) Protocol deployment on Base | 100,000 | Declined |
| 16 | Morpho Incentives | 700,000 | Declined |
| 17 | Pendle x Ethena: Bootstrapping USDe/sUSDe TVL on Base | 500,000 | Declined |
Final Audits List of Cycle 36:
| Nr | Title | Total OP requested | ASP | Note |
|---|---|---|---|---|
| 1 | Kyo Finance Audit Grant Application | 116,008 | Sherlock | Passed |
| 2 | Vfat subsidised audit 2nd batch | 87,000 | Ackee | Passed |
| 3 | ChainSecurity: grant request for Neulock audit | 45,000 | Chainsecurity | Passed |
| 4 | ChainSecurity: Velodrome (Superswaps) | 160,000 | Chainsecurity | Passed |
| 5 | SONEX Audit Request | 30,626 | Cyfrin | Declined |
| 6 | Pike Audit Grant Application | 155,963 | Sherlock | Declined |
| 7 | OpenFort Audit Grant Application | 51,950 | Sherlock | Declined |
| 8 | DAMM Capital Audit Grant Application | 52,000 | Sherlock | Declined |
| 9 | Tenor Audit Grant Application | 66,640 | Sherlock | Declined |
| 10 | Reflecticons Audit Grant Application | 10000 | Sherlock | Declined |
| 11 | ChainSecurity: Velodrome (Superchain Interop V2) | 133,270 | Chainsecurity | Declined |
| 12 | Overnight.fi Audit Request Cyfrin | 101,629 | Cyfrin | Declined |
| 13 | Haifu Audit Hacken | 78,400 | Hacken | Declined |
| 14 | Eigenpie Audit Hacken | 225,800 | Hacken | Declined |
| 15 | Droplinked Audit Hacken | 131,000 | Hacken | Declined |
| 16 | XSwap Audit Grant Request (Cyfrin) | 91,249 | Cyfrin | Declined |