Grants Council - Cycle 13 Preliminary Review Roundup

The Cycle 13 Preliminary Review has been completed. Cycle 13 showed strong turnout: the community submitted 106 proposals (compared to 151 proposals for the entirety of Season 3).

The Grants Council congratulates the 49 proposers that will be considered for Final Review.

Here is the list of proposals for Final Review organized by Sub-Committee:

Builders Sub-Committee Final Review List

Aragon

Atlantis World

Autonomous World

Cannon

Concrete

Consensus Tax

DAOstar

DeSci World

DRPC.Org

EAS: Supercharged

Epoch Protocol

EVM-Runners

Hildr

Infinity Wallet

Integrating ChainIDE

JiffyScan

Karma Grantee

OS Observer

Palmera

Pyth Network

RedStone

Scry Protocol

Simple OP Stack Rollup

Smart LTV

Unitap

Unruggable Names

Upnode

viaPrize

Wakeup Labs

Experiments Sub-Committee Final Review List

Arcadia Finance

Aura Finance

Clique

deBridge

Extra Finance

Hypeshot

Inverse Finance

Invest in Music

Layerswap

Let’s get HAI

Metronome

OmniBTC

OP Podcast NFTs

Opti Social

Pendle

Qubit Wallet

The Open X

Tide Protocol

Timeswap

Velodrome

Final Review

Over the next two weeks, the Grants Council will complete review of each of the final grants proposals. During the Final Review, each reviewer in a given sub-committee will consider each remaining proposal and assign it a score. After each proposal has been scored by each reviewer, the sub-committee will rank the list by average score and choose the number of proposals (“n”) that will receive a grant. Proposals 1-n will be finalists eligible to receive grants.

Proposers will be permitted to make edits to their proposals based on reviewer feedback; however, all edits should be made by Friday, July 7, to ensure reviewers have time to consider any updates. Proposers should make sure to comment to their CharmVerse proposal confirming that they have made updates in order to notify reviewers as well.

Significant attention will be paid to all factors listed on the rubric. The Council will look to grant size requests and attendant plans, along with milestones, particularly closely. Proposers will be asked to identify their Collective Trust Tier and are reminded that Experiments grants greater than 150k OP require a majority vote of all nine council reviewers (rather than a simple majority vote of the relevant sub-committee) to pass, which presents a higher bar than the typical sub-committee process.

Cycle 13 Preliminary Roundup

Of the 106 proposals received for Cycle 13:

  • 58 were for Builders Grants, and
  • 48 were for for Experiments Grants

Both Sub-Committees worked hard to filter the proposals to determine which would be viable for Preliminary Review. Of the initial proposals:

  • 50 proposals passed Intake Filter for Builders (~86% pass rate), and
  • 32 proposals passed Intake Filter for Experiments (~67% pass rate)

Relative to Cycle 11, the number of Builders grants increased significantly (~49%). The sharp increase in Builders may be the results of this Season’s emphasis on novel use cases, which may attract projects in earlier stages. Experiments grants increased by 23%.

Intake Filter passage rate for Experiments decreased by ~12%. While many high-caliber proposals were included in the submissions, some proposals were drafted without an eye to the emphasis on novelty and tangible use cases; others were written without attention to the rules. We expect to see more speculative proposals in Experiments given the higher grant thresholds; accordingly, the Grants Council holds these proposals to a high standard.

A notable theme of this Cycle’s preliminary review was the professionalism and focus of the grants reviewers. Despite a surge in proposals, all proposals were reviewed within the allotted time, and the sub-committees had substantive considerations and recommendations for the rubrics and review processes for the next two cycles. In addition to the workload of reviewing proposals for other intents, it is worth acknowledging the difficulty of making it through more than 100 additional proposals as part of reviewers’ elected duties.

The Grants Council will notify the proposers whose proposals did not pass intake or make it to the Final Review within the next week. The Council will aim to deliver high-level observations and rubric scores within that time. As with other Cycles, the focus will turn to the Final Review. Nevertheless, proposers who feel they can improve their proposals are welcome to submit for Cycle 14. Proposal forms for Cycle 14 will be live by July 14 or earlier.

13 Likes

Hey there, thanks for your notification.

Here is JJuunee from OmniBTC. What we should do now is waiting for any updates in CharmVerse - the all-in-one web3 space, right?

Besides, how can we update parts of the milestones in it?

Now it always shows that “Can’t establish a connection to the server. New data WILL NOT be saved. Please refresh the page”.

Thank you so much.

2 Likes

Hey June. Reviewers will provide feedback to you on Charmverse.

You should be able to update milestones on the table, if not DM on Discord and I’ll make sure you can.

The Charmverse team used the long weekend to upload a few new features. They are in constant build mode and this happens once in a while. I am sorry for the inconvenience this can bring.

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Thanks for your reply Gonna~

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Excuse me, Gonna! Could you please unlock OmniBTC proposal so that I can update the finalized proposal.

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Finalized proposals are locked to keep a record of what the council has voted on. If you want to apply for Cycle 14 and use the same proposals please copy/paste the answers. Keep in mind Cycle 14 form has new questions.

1 Like

Excuse me Gonna, we have finished the critical milestones, what is the next step? We have mailed optimismgrant@gmail.com

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Could you post your completion here? The Council will consider it when you have posted the completion.

1 Like

Great!

Here is JJuunee from OmniBTC, we are applying for the rest 60% $OP to reach out 10MM total deposit in OmniBTC on Optimism.

With the 40% grant, we have successfully attracted 30MM trading volume on Optimism and 90+K new transactions on Optimism. Besides, with the 3,000 $OP rewarded in Marketing, we have created a wonderful KOL Matrix and a stronger community.

We have created the report of the milestones we finished, including the address to send reward, users’ addresses to receive rewards, creations for Optimism and OmniBTC, Highlights and Data on Optimism.

We sincerely hope you can check out the report and approve us for the rest 60% grant. Or you can also give us two weeks a time, we will use the $OP to reach out 10 MM total deposit and 5MM total borrow.

Optimism Critical Milestones Finished

Finished Time:

07/10/2023

Distribution of 40% $OP(36,000):

  1. Bridge to Optimism: 14,000
  2. OmniSwap from/to Optimism: 15,000
  3. Marketing & Awareness: 3,000
  4. OmniLending: 4,000

Benchmark Finished:

image

Note: We haven’t integrated with Velodrome, but successfully integrated with KyberSwap and OpenOcean.

Github: https://github.com/OmniBTC/OmniSwap/blob/main/ethereum/brownie-config.yaml
Claim Page: https://app.omnibtc.finance/swap

Claim Page(Lending): OmniBTC

Critical Milestones Finished

  1. Total Trading Volume on Optimism
    From 31,708,120.931 to 62,369,357, new trading volume: 30,661,237.
  2. New Transactions Happened on Optimism
    From 136,795 to 227,226, new transactions: 90,431
  3. New Users:
    From 78,935 to 111,020, new users: 32,085
  4. Whitelisted Users(who have passed Sybil Protection):
    86,823

  5. Relative Contracts on Optimism
    “StargateHelper”: “0x34bDbE3669799d12D599f69e6c4BCC0a795657a1”,
    “BoolFacet”: “0xAc7DCE61Faa5B130B4D3396530EDcE4bf9c68519”,
    “CelerFacet”: “0xD8dec96b9E22a99f68D48CfB20cd6868a3dcc56b”,
    “CCTPFacet”: “0xAb937e03354a941d723feB715Fb73C28F2E30Fbe”,
    “DexManagerFacet”: “0x0917923Af85aB3aDab081e3B8825fccEddBB889c”,
    “DiamondCutFacet”: “0xDAE4Db475ACA613a5e2DC5fC304dA7e962B3cEaD”,
    “DiamondLoupeFacet”: “0xE4D1ebF03742a8238b546980261507FdE0113D37”,
    “GenericSwapFacet”: “0xA96cacCf2e4366F0028CC3Dde8668Dd1E36B7904”,
    “LibCorrectSwapV1”: “0x7669957DB0a49771c53cd892c2456eeBb77335a5”,
    “OwnershipFacet”: “0xAD85421c47e9B830602deb83fCF149c2A1f0e8A9”,
    “SoDiamond”: “0x2967E7Bb9DaA5711Ac332cAF874BD47ef99B3820”,
    “StargateFacet”: “0xDDb61A3679Bb756de226c81fEcB9858DC0983238”,
    “WithdrawFacet”: “0xa7487A536968Be0D563901aeb3Fc07B099e2fb04”
  6. Detailed Data: Grafana
    UserName: grafana_viewer
    Password: KgNmglaEje

Marketing Impacts:

  1. Overview:
    We have launched 3 campaigns, 4 lotteries and 11 KOL promotions with 3,002 $OP as budget.
    The detailed info is contained in the following link, including Tweets, users’ addresses and relative creations. Note: All of the rewards are sent using $OP.


    Detailed Doc: 3000 $OP Consumption Details - Google Sheets

  2. Sender Address:
    0x8c951f58F63C0018BFBb47A29e55e84507eD63Bd

  3. NFT Campaign
    Total Budget: 140 $OP
    https://twitter.com/OmniBTC/status/1696701755260555336?s=20
    Top: Creations



    More Details:
    3000 $OP Consumption Details - Google Sheets

  4. Lottery:
    Total Budget: 260 $OP

  5. KOL Promotion for both OmniBTC and Optimism.
    Total Budget: 1,502.3 $OP
    Promotion Tweets:
    https://x.com/Yiyixmb/status/1705056048133046400?s=20

  1. Trading Competition:
    Total Budget: 1,000 $OP
    Rules: 1000 $OP Up for Grabs: Participate in Our Bridge Campaign Today! | by OmniBTC | Sep, 2023 | Medium
    Users who Bridged assets from/to Optimism are eligible for the campaign.
  2. Creation Campaign:
    Total Budget: 100 $OP
    OP&OB Content Creation Campaign (Responses) - Google Sheets
    Creative Creations:
    https://www.youtube.com/watch?v=gLtzHhqO60o

OmniLending on Optimism:


For the rest 4,000 $OP, we have distributed into Lending Protocol to reward users who deposit/borrow assets on Optimism.

  1. Liquidity Pool on Optimism:
  1. Market Status


    You can also track the TVL in Dashboard

  2. At first, we detailed a proposal to use 90,000 $OP to realize growth on Optimism. With the 40%, we realized most of the milestones. However, the rest part needs parts of the 60% $OP to realize. We sincerely hope you can grant us. Look forward to your reply!

2 Likes

Is this posted as a comment to your prior grant proposal? There is just text in your email.

I have added a PDF report in the email.

[

business

business@chainnet.tech

](https://maas.mail.163.com/dashi-web-extend/html/proSignature.html?ftlId=1&name=business&uid=business%40chainnet.tech&iconUrl=https%3A%2F%2Fmail-online.nosdn.127.net%2Fqiyelogo%2FdefaultAvatar.png&items=["邮箱:business%40chainnet.tech"])

It is a full report of how we used the 40% $OP and what we have achieved.

1 Like

Hey, it is better if you move this report to your proposal in Charmverse here:

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Thanks for your reply and notification Gonna!

2 Likes