Compound Grants Program Renewal

Compound Grants Program (CGP) is Officially Live

We are pleased to announce the renewal of the Compound Grants Program for another 12 months, with a total budget of $1.125M. The CGP is designed to foster innovation and development on Compound by funding valuable projects in the ecosystem.

Domain-wise allocation:

We have allocated $1.125M in grants to support builders, innovators, and contributors working on projects that enhance the Compound protocol and the wider DeFi space.

Whether you’re developing new dApps, improving security tools, or exploring multichain possibilities, We invite you to apply for grants on Questbook.

Thank you to the community for trusting us with this responsibility to drive innovation and growth in the Compound ecosystem. :pray:

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Dear Community,

Following our recent discussions with the Foundation regarding the next steps for the grants program, we have decided to continue the program in its current format. This approach ensures that ongoing projects can complete their existing grants without disruption.

The remaining budget allocations total approximately $660k, of which ~$130K has been allotted for the approved grants which are yet to complete the milestones.

A summary of all submitted projects, along with their details, can be found here: Project Summaries Spreadsheet: CGP 2024-25 - Google Sheets

Applications for new grants can be submitted through the following link:
Apply for Grants: https://compoundgrants.questbook.app/

Thank You!
Team CGP.

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