PowerPool grants and submission guidelines for contributors

PowerPool
PowerPool
Published in
2 min readAug 10, 2023

Following the recently passed Proposal 58: Launch the PowerPool Ecosystem Growth fund and a grants program, PowerPool offers grants of up to $20,000 to support developers building on top of PowerAgent v2.

Submit your grant application here: https://forms.gle/4H5kisP7AGQzU4oJ7

To apply for a grant, follow these steps:

  1. Fill out the form: https://forms.gle/4H5kisP7AGQzU4oJ7
  2. Get back from the team* and create a topic in the Ecosystem Fund section on the governance forum with a detailed proposal for your project. However, if you want, you can freely create a proposal without any prior communication with the team.
  3. The PowerPool team and its community will review the proposal and suggest edits.
  4. Your submission will be sent to governance voting for approval from the CVP holders.

*Later, we plan to set up a grant committee, including builders from the community, to review form submissions.

The forum proposal should contain the following sections:

  1. Summary. Two or three sentences describing the application
  2. Introduction. Introduce what you plan to automate or build with PowerAgent v2.
  3. Project description. Describe in detail your solution to the discussed problem. How should your product/integration work? What types of automation Jobs will it use and how?
  4. Funding and timeline. Provide the anticipated timeline for your project development and the funding you will need for each step*. Here are some milestones that your timeline can include (feel free to add your own): (1) Code development (2) Testnet phase (3) Community activities with PowerPool — articles publishing, AMAs, etc. (4) Product launch

*Note that you may be required to present short biweekly reports on your progress.

In addition to financial support, PowerPool offers technical assistance and mentorship to help developers overcome any challenges they may face during development. This can include access to the project’s technical team, development tools, and other resources.

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PowerPool
PowerPool

DePIN layer powering AI Agents and DeFi automation in multichain universe.