Fund user: Eth.limo For project ticket: "eth.limo gateway" For the amount of: $5,000 sUSD (ASAP) & 150 $KWENTA Grant Type: Development & Retrospective Payment Schedule: sUSD ASAP, $KWENTA later
Description: eth.limo is an ENS gateway with a strong focus on user privacy and security that enables users to access Ethereum-native dApps and content.
The eth.limo gateway provides connectivity to Kwenta's end users and offers technical support for the development team. Kwenta receives anywhere from 1-2m requests per day and eth.limo is essentially a "hosting provider" for Kwenta. The eth.limo team is on call 24/7 and provides assistance to the Kwenta development team if issues arise due to various reasons.
Funding Description: 5000 sUSD to be delivered ASAP as a retrospective Grant and 150 $KWENTA on a 2 year vesting schedule with 6 month vesting cliffs as an ongoing grant to support eth.limo in this partnership.
Grants Council will request $5,000 sUSD on ETH.LIMO's behalf from AdminDAO. Payment is contingent on procurement of funds from AdminDAO. Payment is contingent on relationship, and unvested $KWENTA may be clawed back if the partnership ends prematurely.