Proposal Type: Token Grant
Proposal Author: Revelo Intel
Revelo Intel is an independent research firm that produces deep dive analysis and commentary across several products that are consumed by thousands of active DeFi power users (free and paid tiers) across multiple media distribution channels.
Our “Project Snapshot” product is a monthly performance report with analysis and commentary on financial metrics, governance and news associated with a specific project (examples provided in later sections of this proposal).
This proposal seeks a token grant for the production and distribution of Project Snapshots for Ethos Reserve over a 6 or 12 month period.
Reason for Submission - Revelo Intel seeks to align with companies and teams that operate in an ethical and transparent way while building useful products and tools. Our founder, Nick Drakon, and the Byte Masons have supported each other’s respective efforts in this regard for over 18 months. We are enthusiastic about the prospects for ERN and the OATH ecosystem at large, and seek to contribute to growing Ethos Reserve by leveraging our team of analysts, research experience and extensive media distribution channels.
Disclosures - Our founder (Nick Drakon) owns OATH tokens that are vesting over several years due to his participation in the LGE. With a team of 15+ people you should assume that other team members also own OATH tokens and may both buy and sell during the duration of this engagement.
Justification - As an independent research firm Revelo Intel has a reputation for producing unbiased and useful work that appeals to active DeFi power users. ERN is a product that aims to attract sophisticated pools of capital from both individuals and organizations. The user base at Revelo Intel skews heavily towards that demographic and the work we produce appeals to that audience. The production of institutional level research along with our media distribution can contribute to ensuring independent information and analysis on ERN is flowing regularly into the market.
Revelo Intel will produce a monthly “Snapshot” report on Ethos Reserve covering financial metrics, governance and news flow. The reports will include commentary and insights along with the reported metrics. The aim is to keep market participants up to date while also exposing those who do not follow Ethos Reserve to what it has to offer compared to other CDP stablecoins on the market.
We currently cover 10 projects under our Snapshots product and you can see some of them here without the need to login to our platform - See them here 4
0xSouvlaki who leads the Project snapshots team, has drafted some ideas below for the constituency of the report, however the final scope of work will be decided on with collaboration with the team.
Collateral analysis (Covers total and if applicable per collateral type) - TVL inflow and outflows - Collateral type contribution to total TVL - Sector dominance growth vs other CDPs - Allocation to earn yield and average returns
Stability pool analysis - TVL in and outflows - Liquidations processed - Fees generated from liquidations
bOATH analysis - TVL in and outflows - Mint and Redemption fees
ERN analysis - Mints, redemptions, and repayments - Trading price history - Growth vs other CDPs
In addition to financial metrics we will include a section on governance where relevant proposals will be discussed including some analysis of the implications associated with various situations.
A section discussing news for the month both internal and external to Ethos Reserve will also be included. Again, we will not only be reporting the news but spend time discussing the implications of important events.
The Snapshots will be released every 30 days starting 2 weeks after the proposal is funded.
These reports will be released and available on the Revelo Intel site without a login or account of any kind. The Oath Foundation has the right to publish the reports in their entirety on the Ethos Reserve website if it chooses to.
Distribution Ethos Reserve Snapshots will be prioritized for distribution across our media channels. Included in the engagement are the following: - Monthly Twitter threads with a presentation accompanying each months Ethos Reserve Snapshot - Regular analysis and commentary on the weekly Youtube show “Metrics Matters” with Nick Drakon & 0xSouvlaki - Regular inclusion in both the Daily Bolt and Weekend Reading newsletters - Open invitation to Justin Bebis to be a guest on the Revelo Intel Youtube channel to discuss all things Byte Masons (this stands whether this proposal passes or not)
Relevant distribution metics - Revelo Intel platform - 6,000+ users across both free and paid tiers - Daily Bolt Newsletter - 11,000 subscribers with 45% opens - Weekend Reading Newsletter - 6,000 subscribers with 55% opens - Revelo Intel Youtube Channel - 3,600 subscribers - DeFi Sparks Podcast - 6,000 downloads - Revelo Intel Twitter - 12,200 followers - Nick Drakon Twitter - 18,300 followers
0xSouvlaki is the leader of the “Project Snapshots” team and will be responsible for the execution of the reports… He has over 10 years working at top 4 accounting firms in London as well as 5 years working in investment banking at Morgan Stanley. He spent 1 year working at Beethoven X on Fantom building out their financial reporting and analysis function as well as being involved with creating their governance structure.
Nick Drakon is the founder of Revelo Intel and has been an avid participant in the Oath ecosystem for almost 2 years. He has produced 4 videos in that time discussing it specifically, including 2 around the time of the Ethos Reserve launch.
To provide a monthly report that encompasses all relevant financial data, governance discussions and news affecting the project. The report will be useful for those who are already following the project but also seek to attract new interest from market participants.
Each report will be released within the first week of the following month and pushed out across our numerous distribution channels.
Significant upfront work is required on Project Snapshots. 0xSouvlaki will conduct several scoping meetings with the Ethos Reserve team to make decisions around the constituency of the report from a metrics and reporting standpoint. From there various data pipelines are sourced and internal processes set up to ensure that the reports can be produced and delivered every 30 days.
Cost (Option 2): $600 per month for 12 months (paid upfront) - Total $7,200
There are thousands of views on the videos previously made by Nick Drakon or Revelo Intel indicating an avid audience for our work and significant interest from the OATH community.
Revelo Intel covers over 100 projects and has working relationships with many of them across all of DeFi.
Revelo Intel will disclose the commercial relationship with the Oath Foundation if this proposal passes at the bottom of each report we produce. Despite the commercial relationship, Revelo Intel will always operate in an independent fashion as it relates to the work we produce and there may be times when negative news or financial results will be included in the reports.