Gelato DAO Proposal #3
Summary:
Over the last few months, we've been supporting builders and hackers in the Web3 space. Last month, we sponsored ETHGlobal's Web3Jam Hackathon — 10 amazing projects built on Gelato, and 5 teams stood out and won the final prizes.
We will be awarding multiple prizes totaling $4k for the winners, using 1,460 GEL from the Gelato DAO treasury for the payouts.
Here are the winners and prize breakdown:
Most creative use of Ice Cream: CompoundNChill: $1,000 worth of $GEL tokens Contingent convertibles powered yield aggregator using protocol owned liquidity to drive emissions token liquidity and price to attract and retain capital.
Best use cases:
Backer: $750 worth of $GEL tokens A web3 version of Patreon. Backer uses Gelato to monitor and process membership cancellations.
Decentralized Roulette: $750 worth of $GEL tokens A truly decentralized roulette game, utilizing Gelato to automate the game sequencing steps and make VRF requests.
Plottery: $750 worth of $GEL tokens A decentralized lottery system for DAOs to raise funds from the community. It uses Gelato to take snapshots of block-hash and choose the lottery winner.
Robusta: $750 worth of $GEL tokens A protocol that enables users to buy and sell the options on Uniswap v3, using Gelato automation, NFT, and Web3.
Check out the Winners here! https://twitter.com/gelatonetwork/status/1463616108372525057?s=20