SECTION 1: APPLICANT INFORMATION
Provide personal or organisational details, including applicant name, contact information, and any associated organisation. This information ensures proper identification and communication throughout the grant process.
Applicant Name or Alias:
Huli
Project Name:
GMX Data Farcaster Frame
Project Description:
GMX Data Farcaster Frame will provide the data about GMX’s liquidity, protocol fee, trading volume, open interest, trader performance, etc on Fracaster. Frames is a fusion of creativity and functionality that allows casts to go beyond plain text or images. With Frames, users can interact with content like never before
Team Members and Qualifications:
Huli, used to work at Stepn & Gas Hero, and has 4 year blockchain development experience
Pat, software engineer
Project Links: NA
Contact Information:
TG: @huliioo
Twitter: NA
Email: yoji02702@gmail.com
SECTION 2: GRANT INFORMATION
Detail the requested grant size, provide an overview of the budget breakdown, specify the funding and contract addresses, and describe any matching funds if relevant.
Requested Grant Size: 40,000 $ARB
Grant Breakdown:
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30,000 $ARB will be allocated to 2 developers for development over the next two months, including long-term maintenance.
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10,000 $ARB will be used to cover server costs.
Funding Address: 0xC9E5BD5f17e6BfB485E0B3d581900aEe8D4833d3
Funding Address Characteristics: MPC wallet
SECTION 3: GRANT OBJECTIVES AND EXECUTION
Clearly outline the primary objectives of the project and the Key Performance Indicators (KPIs) used to measure success. This helps reviewers understand what the project aims to achieve and how progress will be assessed.
Objectives:
To build a robust, user-friendly method to allow users to receive and interact with GMX data through Frames on Farcaster. The GMX Data Frame will consist of three core aspects:
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Liquidity: Fees per pool, total value locked (TVL), pool amounts, etc.
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Platform Performance: Trading volume, number of traders, number of trades, liquidation, etc.
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Trader Performance: Profit and Loss (PnL), Return on Investment (ROI), win rate, trading volume, etc.
Key Performance Indicators (KPIs): [Specify the KPIs, including but not limited to total value locked, transaction volume, and number of users that will be used to measure success in achieving the grant objectives]
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Number of views on the GMX Data Frame
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Number of followers on Farcaster
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User engagement metrics (e.g., interaction rates with the Frame)
How will receiving a grant enable you to foster growth or innovation within the GMX ecosystem?: Receiving this grant will enable us to provide a comprehensive and interactive way for Farcaster users to access and engage with GMX data. By integrating these functionalities into Frame, we will not only increase user engagement on the platform but also enhance the visibility and usage of GMX’s liquidity and trading performance data to other ecosystem users. This will foster a more informed and active trading community, driving further growth and innovation within the GMX ecosystem.
Justification for the size of the grant:
The requested grant size is justified by the need for both development resources and infrastructure costs. Developing an interactive and reliable data frame requires skilled developers and long-term maintenance. Additionally, maintaining a dedicated server to ensure data stability and easy management is critical to the project’s success.
Execution Strategy:
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Resources: The project will involve an experienced developer and server maintenance personnel.
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Products: The primary product will be the GMX Data Frame integrated into Farcaster, providing real-time data and interactive features.
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Use of Funds: Funds will be allocated as follows:
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Development: 50%
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Server Costs: 50%
- Risk Management: Risks will be mitigated through thorough testing, regular updates, and robust server infrastructure to handle high traffic and ensure data accuracy.
Grant Timeline and Milestones:
| Milestone | Objective | Grant Allocation | Status(Delivered) |
|---|---|---|---|
| 1 | Finished the server building to get all the related GMX metrics | 5,000 | 2 weeks |
| 2 | Support the Liquidity metrics on Farcaster | 10,000 | 2 week |
| 3 | Support the Platform Performance on Farcaster | 10,000 | 2 week |
| 4 | Support the Trader Performance on Farcaster | 15,000 | 2 week |
Fund Streaming: [Do you accept the funding of your grant streamed linearly for the duration of your grant proposal, and that the multisig holds the power to halt your streamed grant at their discretion at any time?]
Yes
SECTION 4: PROTOCOL DETAILS
Provide details about the protocol requirements relevant to the grant. This information ensures that the applicant is aligned with the technical specifications and commitments of the grant.
What date did you build on GMX?: N/A
Protocol Performance: N/A
Protocol Roadmap:
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Built the data server
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Get all the related GMX data
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Support Liquidity Metrics
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Support Platform Performance
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Support Trader Performance
Audit History (if any): N/A
SECTION 5: Data and Reporting
Provide details on how your team is equipped to provide data and reporting on grant distribution.
Is your team prepared to create Dune Spells and/or Dashboards for your incentive program?: Yes
Does your team agree to provide bi-weekly program updates on the GMX Forum thread?: Yes
Does your team acknowledge that failure to comply with any of the above requests can result in the halting of the program’s funding stream?: Yes