Highlights
- Grants Council opened submissions from Feb 11th to May 20th.
- Submission flow was slower than usual, as expected, due to the specificity of Season 9 Missions.
- The strategy this season is to fund fewer projects with larger allocations, and priority was placed on OP Mainnet projects.
- Paper stepped down, and his reviewer allocation was reallocated to the remaining reviewers due to the increased workload. Lead and Ops rewards remained the same.
- Grants are open beyond this report, as this reflects only the first cycle.
Key Outcomes Cycle 49
- Applications Conditionally Approved: 1
- Applications In Review: 4
- Applications Declined: 7
Funding Overview
- Total OP Requested from Growth Apps this Cycle: 2,109,307 OP
- Total OP Granted (Conditionally Approved): 350,000 OP
- Season 9 Grants Council Budget: 3,690,000 OP
- Season 8 Remaining Budget: 3,340,000 OP
Applicants Table
| Nr | Title | OP requested | Result |
|---|---|---|---|
| 1 | Arcadia Finance | 350,000 | Conditionally Passed |
| 2 | Haia | 338,632 | In Review |
| 3 | Origin Protocol | 206,970 | In Review |
| 4 | Hydrex | 350,000 | Declined by GC |
| 5 | DynamicSwap | 35,000 | Declined by GC |
| 6 | Inkyswap | 200,000 | Declined by GC |
| 7 | AgentHaus | 40,000 | Declined by AI (confirmed by GovNerds) |
| 8 | EXAEARN | 35,000 | Declined by AI (confirmed by GovNerds) |
| 9 | Origin Protocol | 393,705 | Declined by AI (confirmed by GovNerds) |
| 10 | SwapBased | 100,000 | Declined by AI (confirmed by GovNerds) |
| 11 | Esusu | 50,000 | Declined by AI (confirmed by GovNerds) |
| 12 | LiqWhale | 10,000 | Declined by AI (confirmed by GovNerds) |