Cycle 42 Results – Season 8 Audit Grants
We’re pleased to share the results of Cycle 42, marking the successful completion of the 2nd cycle under Season 8 for Audit Grants.
Key Outcomes
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Applications Approved: 2
(Own Protocol – 48,250 OP; TrueMarkets – 62,500 OP) -
Applications on Hold (Considered for Later Approval): 2
(Solo Chain – 46,800 OP; VII Finance – 78,471 OP;) -
Applications Rejected: 8
(Pinto, Resolv Labs, Alchemix V3, EO Network, Velodrome Finance, ZKP2P, Superlazy vault / lazy summer crosschain, Esusu)
Funding Overview
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Total OP Requested (Audit Grants): 893,377 OP
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Total OP Approved: 110,750 OP
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Season 8 Audit Grants Budget: 581,726.40 OP (458,426.40 OP left after last cycle)
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Remaining Budget: 347,676.4 OP
Highlights
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Adjustment Period
Reviewers and applicants continue to calibrate on cadence, metrics, and expectations. All submissions were evaluated thoroughly. -
AI Filtering
Light AI-assisted checks this round; we still plan to expand automated screening. -
Process Improvements
Emphasis on realistic benchmarks and meaningful ASP/team cost sharing. High costs with low co-funding remained a frequent reason for rejection/hold. -
Approvals
Two projects approved this cycle (Own Protocol, TrueMarkets); three projects placed on Hold pending budget and ecosystem alignment. -
Review Priorities
We prioritize projects that are open source, Superchain-focused, underfunded yet high-impact, co-fund their audits, and contribute novel code.
Cycle Audit Applications
Nr | Title | OP Requested | Result |
---|---|---|---|
1 | Pinto | 65,000 | Rejected |
2 | Resolv Labs | 115,360 | Rejected |
3 | Alchemix V3 | 50,000 | Rejected |
4 | Solo Chain | 46,800 | Hold |
5 | EO Network | 103,827 | Rejected |
6 | Own Protocol | 48,250 | Approved |
7 | VII Finance | 78,471 | Hold |
8 | Velodrome Finance | 40,179 | Rejected |
9 | Esusu | 49,350 | Rejected |
10 | ZKP2P | 90,500 | Rejected |
11 | Superlazy vault / lazy summer crosschain | 143,140 | Rejected |
12 | TrueMarkets | 62,500 | Approved |
Next Steps
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On Hold: Solo Chain and VII Finance may be considered for later approval in upcoming cycles.
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Approved: Own Protocol and TrueMarkets proceed to funding.
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Declined: Others were declined this cycle due to cost, funding mix, or alignment concerns.