Round 16

By:

dYdX Grants Team

The latest round of funding has been approved by the Grants committee! This round has 5 grants approved for a total funding amount of $28,500. As always, you can find more information on each grant shared below.

We are super excited to push forward with our International Growth budget through a variety of events across very active Crypto communities. These events, workshops, and videos are aimed at raising brand awareness for dYdX and pushing forward protocol adoption across different communities. The Layer3 trial is also an attempt at building on the hands-on, interactive approach to user growth.

On the community side, the Karma team will be building an awesome dashboard for contributors to measure their scores based on participation in the protocol and dYdX community. While this initial dashboard should already further incentivize community engagement, we also hope to leverage the scoring for additional participation programs in the future!

Have a great weekend!

Funded grants

Community Reputation Dashboard

Grant will fund a dYdX dedicated dashboard that scores community members on their contributions and actions in dYdX using community channels and tools (e.g. Discord participation, Commonwealth posts/comments, Snapshot votes, On-chain votes, Call attendance, and more). Final dashboard will look similar to this one but with a focus on Contributor Score, not Delegations: https://optimism.showkarma.xyz/.

Completed

Layer3 Pilot Quest

This grant will fund a trial of the Layer3 Quest campaign with two 1 month long quests that promote dYdX and help familiarize existing Layer3 users with the dYdX platform. Layer3 minimizes one-off users by restricting quests to committed permissioned layer3 users only. Quest 1 will ask users to deposit into dYdX, perform a trade, stake DYDX and follow dYdX on Twitter. Quest 2 will ask users to perform a leveraged trade. Users will receive 10 USDC per quest completed.

Completed

Cosmonaut Hacker House Sponsorship (India)

Sponsoring a Hackerhouse event in Bangalore, India that will focus on Cosmos builders and projects to engage the Indian crypto community with a focus on Cosmos. The event will be in the last week of January 2023. Sponsorship includes logos, banners, and a Twitter AMA to promote dYdX.

Closed

Promotional Video (Greek Youtuber)

Grant will fund the production of a video by popular Greek crypto influencer CryptoCapitalist covering dYdX and all its features as a promotional campaign. Content will include educational material to guide new users through the onboarding process, an in-depth overview of all the protocol features, and an overview of the governance process. The funding is split across milestones, paying out the full amount only when +2000 viewer count is achieved.

CryptoCapitalist

Completed

dYdX Builders Workshop (Turkey)

Grant will sponsor a one-day workshop event in Istanbul, Turkey that includes discussions on dYdX and an interactive session to build a trading bot through dYdX's API. This is a promotional event to engage the Turkish crypto community and promote dYdX as a builder-friendly platform.

Metin Mert Yeşilyurt

Completed