DIP061 - Proposal to Launch the dForce Grants Program (DGP)

Summary

We propose the introduction of the dForce Grants Program (DGP), a community-driven initiative aimed at funding creative ideas put forth by the dForce community and fostering the growth of a diverse and dynamic dForce community.

It is proposed that we run this pilot program for two quarters with a total budget of $100,000, paid in $DF token. The dForce Grant Committee will review the outcome at the end of the first two quarters and collect feedback from the community to decide whether we should extend the program.

Given that dForce has recently received an STIP grant from the Arbitrum ecosystem, we also propose launching a 60-day campaign with an open grant paid in ARB tokens to incentivize protocol integrations with USX and/or Unitus on the Arbitrum network. Please note that all STIP incentives received through the dForce Grants Program should adhere to the Arbitrum STIP Eligibility Requirements as outlined in this post.

Background

The mission of the DGP is to provide all the essential resources necessary to help grow the dForce ecosystem.

Our commitment is to empower developers, innovators, and community members by offering financial support, technical assistance, and consultancy to bring their visionary projects to life within the dForce network. Through this initiative, we seek to not only enhance the dForce ecosystem but also create a thriving environment where creativity, collaboration, and progress thrive. Together, we are forging the path towards a stronger, more vibrant, and interconnected dForce community, united by a common goal of pushing the boundaries of decentralized finance.

Specification

There will be two types of grants that the dForce DAO can approve:

• Micro grants: <$5,000
• Community grants: $5,000~$50,000

For more details (grant category, grant committee, process, etc), please refer to this post.