Budget: 50k

Untitled Database

Criteria

This criteria aims to define what we are looking for the in grant applications and why particular grants will be accepted or denied.

Technical

• Technical grants should not act as vehicle for personal wealth generation
• Building on Lyra does not provide a certainty of funding or endorsement by the DAO without explicit consent from Grants council
• The goal of grants is to enable monetary relief for the creation of useful, expandable and/or novel applications on top of the Lyra protocol
  • how does your application aim to achieve this.
  • Is it decentralised, permissionless and onchain
  • if its off chain why? can this be technically justified
• If a technical grant is not built on top of the AMM, you must define a strategy for deployment and it must be shown to be a simple deploy to the required platform.
  • e.g If you need a cloud server are you going to provide this or will the dao need to?
• Is the code professional standard? is it secure? is it something that should be trusted with user funds
• Can this be achieved without continuous and erroneous reliance on CC’s to achieve?

Social

• Must be able to demonstrate that this will grow the Lyra brand
  • how will it do this sustainability

Community

• Community grants can and should aim to draw attention to the community or encouraging involvement from current community members.
• Some key considerations before applying
  • Is this a cost effective use of funds
  • Will it reach beyond current community members
  • What are the man hours required to make this work
  • What kind of organisation is required to make the project work