Round 19 of Approvals

By:

dYdX Grants Team

We're happy to share the latest round of funding approved! This round we have six grants approved for a total funding of $116,800. As always, more information can be found on each grant through their pages linked below.

We're thrilled to be onboarding Skip Protocol and Chorus One as contributors to the dYdX community. These two teams have been leaders and experts in the MEV space, especially in Cosmos chains, and we have no doubt their impact on unraveling dYdX MEV will be groundbreaking. MEV continues to loom over users looking ahead to the new chain, the goal of these grants is to begin answering questions and work towards measuring future MEV events to address these concerns.

On the Academy grants, we're nearing launch date of our dYdX Academy page and are now focusing our attention towards final touches and maintenance post-launch. We can't wait to show the community what everyone has been building. Stay tuned for more!

Hope everyone has a great week!

Funded grants

MEV Dashboard and Report

Skip Protocol will be leading efforts to capture and measure MEV events on dYdX v4 with a public dashboard available to the community. The dashboard will enable data gathering to track MEV across validators and protocol actors (e.g. Market Makers) to better enforce guardrails and possibly penalties on dYdX participants, namely validators. The dashboard will also allow the community to begin scoping out a future MEV solution that addresses all negatives events witnessed. In addition to the dashboard, Skip will be working on a report that covers the perspective of existing searchers looking at dYdX as a new venue for MEV.

Completed

MEV Research

Chorus One will produce an in-depth report on MEV in dYdX v4, covering important topics like: validator perspective on the existing understanding of MEV in v4 and possibly new cases, assessing stakeholder interaction across validators and market makers to extract MEV opportunities, and the introduction of dYdX in the existing MEV ecosystem found across Cosmos based chains. The report will provide a better understanding of what to expect in terms of MEV as we migrate to v4.

Completed

Merchandise Launch Retroactive

Mo, not originally assigned with helping the launch of our Merch program, stepped up to play an active role in helping the team improving the overall process and impact of the successful launch. Mo contributed towards outreach initiatives, website design, operational hoops, and more to guarantee a smooth and high impact launch.

Completed

Academy Videos

This is both a Retroactive grant and a future work grant. The retroactive is being awarded for a video created on bridging deposits that has received +1k views and work done to revamp the Academy library with updated content, thumbnails, and the overall look. The grant is funding a dYdX Ecosystem video that will be included in our quiz section of the Academy to promote participation in the community and DAO beyond interacting with the platform.

Completed

Academy Article Designs

Ahead our dYdX Academy launch, Anna will be designing 10 custom article headers to go along with the articles written for the initial release. The headers will be customized to leverage dYdX themes and assets with unique traits symbolizing the content described in the article. The designs will be consistent with the rest of our website to maintain a high level of quality across all components.

Completed

Academy Media and Website Management

James will take on the role of website management and social media engagement for the dYdX Academy throughout our initial launch period. For website management, the role includes regular maintenance and upkeep, updating content across written articles, videos, and quizzes, optimize the website for SEO to improve engagement, and more upgrades as we look to expand (e.g. token gated content). On social media, the role will be crucial to the success of our Academy by engaging crypto twitter actively with regular content distributions, community and online engagement, hosting online events, collaborating with other accounts, and more to drive our media presence.

Completed