Cycle 51 Grants Council Report

Grants 🔴 Grants Updates
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Highlights

The Grants Council reviewed 3 applications during Cycle 51. 1 application moved forward and 2 applications were declined. Our priority remains looking for strong alignment with the mission and with OP Mainnet-focused deployment and impact.

Key Outcomes Cycle 51

  • Applications Conditionally Approved: 1
  • Applications In Review: 0
  • Applications Declined: 2

Funding Overview

  • Total OP Requested from Growth Apps this Cycle: 606,970 OP
  • Total OP Granted: 300,000 OP
  • Season 9 Remaining Budget from previous Cycles: 3,040,000 OP

Season 9 Remaining Budget for the Season: 2,740,000 OP

Nr Title OP requested Result
1 Bedrock 300,000 Conditionally passed
2 Origin Protocol 206,970 Declined by GC
3 Pivot Bot 100,000 Declined by GC
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S9 Grants Council Communication Thread
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Hi @Gonna.eth,

There were two grant applications that came from Origin Protocol:

APP-FGEIYXDP-NP04B8 - Rejected

APP-BKXSFIKF-BG4O7B - Pending

The latter is still showing its status as Pending and is waiting on a response on my message from March 13th from GC or the govNERDs team

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Yes I need to get to my ledger to decline them. Sorry for the delay.

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Was someone on the govNERDs team going to respond to my application comment before rejecting?

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Hey @pete just to provide a bit of context from my side as govNERD. :nerd_face:

Your application passed through the govNERDs filter as submitted, so we assumed any deeper technical or strategic follow-up questions would happen directly during Final Review. Because of that, we didn’t proactively leave blocking comments beforehand.

Purely as personal feedback (not representing the Final Reviewers): my sense is that the proposal may have struggled a bit with Season 9’s very narrow framing around directly measurable DEX TVL + volume/TVL outcomes on priority collateral-borrow pairs. The proposal was strategically interesting and clearly aligned with Optimism DeFi growth more broadly, but the impact path was somewhat indirect (Morpho supply-side → DEX effects) relative to how the mission was written.

I still think the core idea is strong, especially the cross-chain OUSD allocation flow into OP Mainnet markets. Happy to help think through how it could be framed more explicitly against future liquidity-focused missions if useful. :saluting_face: