Proposal: Grants Program

Awesome! PERP v2 can become a fundamental building block for decentralised hedge funds and sophisticated yield farming strategies on Arbitrium. However, there is now no structured incentive mechanism in place to reward BUIDLers, hence I think this is a great initiative to propel the ecosystem forward.

Let me know how I can help as a guv’nor @tongnk! Happy to contribute.

Some background about myself:

  • I run a $10mil ecosystem growth fund for Zilliqa that invest in talents early on (conducting dev bootcamps), gives out grants (to fund PoCs) and also invest in projects (in exchange for equity/tokens). Currently, the fund life is at its 3rd years and it is still going strong.
  • I also dabble in DeFi on a daily basis since May 2020 with a bunch of degen friends which I must admit has been hell of a ride. Currently, I am mostly participating in the governance of Ribbon Finance and Perpetual Protocol.
  • I do trade perps on low leverage and options (not an ape like alex wice) to capture macro moves. So I have a good understand of how the protocol works which in turn allows me to give good insights on which projects to fund.
6 Likes