Summary of the first quarter
- Total Proposals Received: 75
- 29 proposals approved [38.6%]
- 15 applications first milestone completed
- 2 2nd milestone completed
- 1 3rd milestone completed.
The total amount of funds committed
- Protocol ideas and dapps by @allthecolors : $247K
- Security tooling by @cylon : $100K
- Multichain Strategy by @Bobbay_StableNode : $82K
- Dev Tooling by @madhavanmalolan : $22K
Total amount of funds disbursed
- Protocol ideas and dapps by @allthecolors : $144K
- Security tooling by @cylon : $16.25K
- Multichain Strategy by @Bobbay_StableNode : $25K
- Dev Tooling by @madhavanmalolan : $16K
Updates
- Doo will be representing stablelab for the second quarter of the grants program instead of Bobby.
- The allocation of funds for the domains in the second quarter will be proportional to the approved grant budgets in the first quarter.
Details, feedback and progress of all the proposals can be viewed here: https://questbook.app/