This is a grant to the Chaos Labs team to design and administer the dYdX Launch Incentives Program. The dYdX community has already approved the allocation of $20M in DYDX From the dYdX Chain Community Treasury for this initiative via a Snapshot vote. The Chaos Labs team will design the launch incentives distribution framework with community feedback and build a public-facing portal to be utilized by the community. The portal will be an all-encompassing data hub for v4, allowing for complete transparency across all markets and aggregating top-level data. When trading is live on dYdX v4, Chaos will conduct a thorough trading season analysis for each epoch, prepare transparency reports, and make recommendations for incentives distributions according to the incentives distribution framework. These recommendations will be decided upon by dYdX governance before rewards are distributed to traders.

The Indexer is a core component of the dYdX v4 protocol architecture. The service will enable read-only querying of protocol data, giving clients (e.g. Frontend, Mobile application) more efficient access to orders, trades, accounts, and other important data points. You can read more about the Indexer here: https://dydx.exchange/blog/v4-deep-dive-indexer. The grants program will be funding Imperator to run an Indexer on the dYdX Testnet for three months. The grant will include a best effort to meet the following SLAs: 99% uptime, 24/7 response time, 100% response within 30min of pagerduty alerts, and redeploy readiness at least three times a week. The funding for this grant is split between fixed manpower costs and variable infrastructure costs. $30,000 will be paid each month for manpower. Imperator will bill the Grants program each month for the costs of running the Indexer, with a cap of $80,000 per month.

DSRV will support dYdX Chain testnet services for six months at launch, including 2 RPC endpoints, 2 Archive Nodes, a testnet faucet and ongoing monitoring/support. The services will be accessible to everyone through their website: https://www.allthatnode.com/. RPC endpoints and Archive nodes will make life much easier for new developers, builders, and contributors. We expect all future contributors to depend on these services to interact with the testnet.

With the upcoming dYdX Chain, the protocol will be dependent on the new Noble chain to support USDC collateral. Strangelove, as the lead developing team of Noble and experienced relayer in Cosmos, will support Noble relaying in testnet and mainnet launch to enable USDC deposits, and build a cross chain relayer ("CCTP"). The CCTP relayer will support relaying between dYdX Chain USDC and Ethereum ERC20 USDC for deposits and withdrawals, allowing users from Ethereum to continue trading on dYdX without having to first bridge their tokens.

Skip Protocol will be leading efforts to capture and measure MEV events on dYdX v4 with a public dashboard available to the community. The dashboard will enable data gathering to track MEV across validators and protocol actors (e.g. Market Makers) to better enforce guardrails and possibly penalties on dYdX participants, namely validators. The dashboard will also allow the community to begin scoping out a future MEV solution that addresses all negatives events witnessed. In addition to the dashboard, Skip will be working on a report that covers the perspective of existing searchers looking at dYdX as a new venue for MEV.

Grant will fund the production of dYdX themed merchandise to be sold online at cost for community members, distributed as giveaways during events and conferences, and used for promotional campaigns. The merchandise will include t-shirts, hoodies, hats, unique dYdX accessories, and lots of other products. Merchandise produced will also include Hedgies specific items, which will be tokengated to Hedgies holders only for exclusivity. No profits are generated from the merchandise, any sales are done at cost so that community members buy at the price of production only. The Merchandise will be produced in two drops, Drop #1 in 3 months and Drop #2 in 6 months, and will make use of a custom webstore built through another grant.

The grant will be used to build a space dedicated to dYdX on Gather.town with custom branding and helpful information posted across the room. The space will be used for future community calls and events hosting.

The grant will be used to fund the building of an Analytics Dashboard exploring data across multiple onchain and API based endpoints to provide an overview of dYdX activity and metrics. The dashboard will help digest dYdX data more easily.

The grant will be used to sponsor 4 different ETHGlobal events as a leading sponsor, including ETHAmsterdam, HackMoney, ETHNewYork and ETHMexicoCity. The sponsorship includes promotional marketing of dYdX, attendance on behalf of Grants and Foundation teams, hackathon participation and other benefits.

The grant will be used to build a web application that integrates Tradingview strategies into a dYdX Trading account to execute trades directly through a strategy. Users will be able to tap into Tradingview resources and test out different ideas using the app.

The grant will be used to build a twitter account that will automatically tweet large orders executed and liquidation events occurring on dYdX. The style will replicate popular Liquidation twitter accounts seen across different platforms to keep the community informed.

The Grant will be used to build a dydx.vote webpage to display all proposals and provide a delegation page allowing delegators to chose active participants for delegation. The webpage will help market governance activity by providing a simpler interface. Work done also includes subgraph improvements to build the functionalities.