Welcome to the Grants Proposals channel! This platform is created specifically to invite proposals for projects that align with our mission and have the potential to significantly enhance the Hydra ecosystem. This is a place where innovative projects can apply for grants and benefit from the resources of our community.
What do we aim to achieve in this channel?
- EVM Products and Apps: We aim to strengthen the incentive for existing EVM products and apps to deploy to Hydra. Given Hydra’s interoperability with the EVM ecosystem, we believe there are many untapped opportunities that we can explore together.
- High-Priority Projects: We want to incentivize projects that align with our priorities and have the potential to greatly enhance our ecosystem. You are invited to submit a proposal, if your project can bring a substantial increase in:
- transaction capacity
- community members
- user experience,
- TVL
- Grant Amounts: To support the growth of high-impact projects, we are offering up to 50,000 HYDRA for phase 1 (prototype development) and up to 100,000 HYDRA for phase 2 (commercial application). This investment reflects our commitment to fostering innovation and supporting valuable additions to our ecosystem.
Securing projects can be done via
a) a trustless delegation, where the DAO can delegate a fixed amount of HYDRA to a project run super staker with a 100% fee. This way, the relationship would ensure a gradual release of funds while remaining committed to the network.
or
b) via direct transfer, broken down into phases with specific KPIs for execution.
How is this channel different from others? Unlike other categories, the Grants Proposals channel is about securing financial support for your project. The discussions here are centered around ideas and projects that can utilize our grants to develop and deploy on the Hydra platform.
Discussions and proposals in this channel should ideally contain comprehensive project plans, including project descriptions, goals, development timelines, and details about the team. The better you can convey your project’s potential impact on the Hydra ecosystem, the more compelling your proposal will be.