Round 14 of Approvals

By:

dYdX Grants Team

We're happy to share the latest round approved by the committee! This round we have 5 grants for a total of $121,150 in funding. You can find the 5 approved grants in the section below.

‍

We are moving ahead with the building of a Webstore to work alongside the existing merchandise grant. In addition to this, we continue to add towards the Academy Page project with the Gamification of interactions. These two projects are moving forward very productively, with lots of exciting updates to come soon!

‍

Have a great week! 🦔

Funded grants

Merchandise Webstore + Branding

Grant will fund the building of an online webstore for the ongoing dYdX Merchandise Campaign, along with customized branding and designs for marketing purposes. The webstore is set to include web3 utilities, including tokengating for DYDX and Hedgie holder specific drops and wallet connections. Grant also includes a 3 month post-completion retainer to monitor progress and add new features.

Completed

Trading Fees Optimization Research

Grant will fund research to optimize dYdX trading fees for maximum trading volume and user onboarding, in preparation for community ownership of setting fees in V4. The research will study competitors, strategies, and historical fees on dYdX to determine optimal rates and adjustments that can be made going forward.

Completed

Merchandise Grant Retroactive

Community member ModYModX played a very important role in the Grants team launching the Merchandise production grant. ModYModX has been working with the merchandise team for several months to produce an initial sample, which the Grants team could use for quality testing, and assisting both the Merch and Grants team to produce the existing grant. Given the high impact expected for this grant, and months contributed to helping this come to life, the Grants team is issuing a retroactive grant to compensate the work.

Completed

Academy Page POAPs

Grant will fund the creation, distribution, and general management of POAPs to be implemented as rewards for Academy Page interactions. Users will receive POAPs for completing specific goals and milestones as part of the Academy program. We expect 9 unique POAPs to be created and distributed to 25,000 unique users as part of the grant.

Completed

Metagals Workshops (LATAM Women in DeFi)

Metagals is a group started in Mexico City to improve participation of women in DeFi and Web3 across Latin America. This grant will sponsor two workshop events that will focus on teaching attendees about Perpetual Trading, Decentralized Exchanges and dYdX specific features. The workshops will go over onboarding to dYdX and go over the platform, community, and governance.

Completed