Round 7 of Approval

By:

dYdX Grants Team

Hi Everyone!

Happy to share another round of funding approved by the Committee! For Round 7, we have 4 grantees with a total of $268,000.00 in DYDX funding. As always, check out the Funded Grants section below for more information on each grant approved.

In other news, the Snapshot proposal to implement a Guernsey Trust for the dYdX Grants Program is nearing completion! This approval by the community will allow the program to begin processing payments and funding to Grantees. The team will be onboarding with a payment processing application to help facilitate funding from the Multisig executed on behalf of the Committee members as soon as next week!

Here is the snapshot link: https://snapshot.org/#/dydxgov.eth/proposal/0xb9b56460e9d529ef13ee5a370e60bbc3b2618c2dbf64761a5540e47adfb195fc

With this important step, we hope to really ramp up the program and tackle more impactful projects to keep growing the protocol and community. Stay tuned for more updates and additional RFPs!

Hope everyone has a great week!