Community Governance Grants 18 Projects on mpDAO
In an exciting development, the community governance process for mpDAO successfully allocated funds to 18 innovative projects. A total of 64,900,846 votes were cast across 51 proposals, more than double of votes allocated on mpDAO Grants 6, with a combined request of $220,026 USD.
This round marked a historic milestone with over $49,860 USD approved for grantees, supporting 18 projects. The total budget for this round was $119,581.70, leaving $69,781.70 remaining in the treasury.
The approval process for mpDAO Grants was based on a last-minute snapshot taken at 23:59 UTC on June 30th, 2024. This snapshot included votes, the grants treasury (17,206 stNEAR), and the stNEAR price (6.95 stNEAR/USDT) to calculate the winners.
As outlined in the documentation, every proposal needed to achieve a proportional amount of votes corresponding to the amount requested to be approved.
Full List of Approved Grantees
Congratulations to all the selected grantees:
- META JUNE Workshop — Brazilian Discords: $650.00
- Proposal for Meta Pool Expansion in South Korea: $3,000.00
- Meta Pool Vietnam x Medoo: Learn-2-Earn: $5,000.00
- LATAM LOVES META POOL — MISSION: ONBOARDING: $5,000.00
- Meta Pool Video Game Development: $3,500.00
- Scholarship Fund for Latin American Students — Round #2: $8,000.00
- AI Chatbot for Meta Pool: $3,000.00
- MusicaW3: $1,000.00
- ETHMTY — Meta Pool: $2,600.00
- Renewing the Strategic Partnership: Meta Pool & Blockaffee: $1,200.00
- ETHEREUM LIMA WORKSHOP EVENT: INTRODUCTION TO LIQUID STAKING WITH META POOL: $800.00
- Solana & Meta Pool Educational Event in Mendoza, Argentina: $500.00
- Workshop: Zero to Pro in Meta Pool: $2,000.00
- Introduce web3 to campus with sponsorship from Meta Pool: $1,500.00
- HER Dao Mexico: $960.00
- Onboarding and Fundamentals of Meta Pool at Blockchaincon Colombia: $2,000.00
- Cripto Curiosas x Multichain Governance Workshops: $3,000.00
- Hosting Meta Pool Workshop at ETH Accra Hackathon: $6,150.00
The Open Web Academy and the Retroactive Funding QF Round on Potlock proposal achieved more than 5% of the round votes but didn’t pass the approval threshold. They will have a second chance at mpDAO Grants 8, accumulating 882 tokens approved for Open Web Academy and 1,172.6 tokens for Potlock.
Payments Based on Results
Grantees will not receive the payments upfront. Instead, they must provide reports of the work completed to receive the requested grant. This ensures accountability and transparency.
The new round for mpDAO Grants 8 is coming soon. Stay tuned for more updates and prepare your proposals to continue building and innovating within the Meta Pool ecosystem.
Keep Building
We really appreciate all the support and commitment shown in this round by everyone who submitted their proposals. Your efforts and contributions are truly valued. If you didn’t secure funding this time, don’t be discouraged. You will have the opportunity to participate in mpDAO Grants 8.
Let’s keep building #web3 together!
Keep liquid staking!