[OPEN GRANT APPLICATION] GMX <> Dhive

Grants
1

SECTION 1: APPLICANT INFORMATION

Applicant Name or Alias: Samer Haidar Ahmad

Project Name: Dhive

Project Description:
Dhive is an all-in-one governance hub that simplifies access to governance data and provides insights, updates and monitoring tools. Our goal is to help users understand governance activities better, so they can make well-informed decisions in a trusted environment.

Dhive was built focusing on the Arbitrum ecosystem due to its notably high participation rate in governance. Its active community presented an ideal opportunity to demonstrate the utility of our project and ensure that our tools and features are refined in a real-world setting. It specifically targeted the Arbitrum ecosystem, and GMX is one of the key DAOs we have integrated.

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Team Members and Qualifications:
We are a duo of experienced developers who love what we do, each specializing in distinct but complementary areas of expertise.
We’ve worked with innovative startups like CyberConnect and Find Labs, and we’ve built projects that have won prizes from protocols like Binance Smart Chain and Chainlink at web3 hackathons such as Gitcoin, Chainlink Constellation, and EthGlobal (where we built Dhive’s prototype).

Our team consists of:

Our combined expertise and proven track record make us well-equipped to handle any challenges that come our way. We’re confident that we can achieve our goals and continue to improve Dhive.

Project Links:

Contact Information:

TG: SamixDotEth
Twitter: 0xSamix
Email: contact@dhive.io

SECTION 2: GRANT INFORMATION

Requested Grant Size: 20K ARB

Grant Matching: n/a

Grant Breakdown:
20K for platform development (see grant timeline and milestones).

Funding Address: arb1 0xEe8b9AB728Ae85F81Cd884a3B98941bF4EfAD041

Funding Address Characteristics: 2/3 multisig hardware wallets

Distribution Contract Address: n/a

Incentivised Contract Addresses: n/a

SECTION 3: GRANT OBJECTIVES AND EXECUTION

Objectives:

  • Enhance the Dhive platform to provide a comprehensive and user-friendly governance hub.
  • Integrate additional DAOs and governance data sources to expand the platform’s reach.
  • Optimize performance and scalability to handle increased data volume and user traffic.
  • Develop new features such as a scoring and ranking system for DAOs and an improved notification system.
  • Foster greater engagement and adoption within the GMX ecosystem by providing reliable governance tools and insights.

Key Performance Indicators (KPIs):

  • User Growth:
    – Achieve 300 unique visitors by the end of Milestone 1.
    – Increase to 600 unique visitors by the end of Milestone 2.
    – Reach 1,500 unique visitors by the end of Milestone 5.
  • DAO Integrations:
    – Maintain integration with 12 DAOs by the end of Milestone 1.
    – Increase to 20 DAOs by the end of Milestone 2.
    – Integrate 50 DAOs by the end of Milestone 5.
  • Notification Opt-Ins:
    – Achieve 50 users opting in for notifications by the end of Milestone 2.
    – Increase to 150 users by the end of Milestone 3.
    – Reach 300 users opting in for notifications by the end of Milestone 5.

How will receiving a grant enable you to foster growth or innovation within the GMX ecosystem?:
Receiving this grant will enable us to significantly enhance the Dhive platform, making it a crucial governance tool for the GMX ecosystem. Our scalable infrastructure will support the growing data needs of the GMX ecosystem, driving innovation and adoption.

Justification for the size of the grant:
To ensure the successful development and growth of the Dhive platform, we are adopting a dual funding strategy for full transparency. Our first grant application is with Arbitrum (subject to approval), and both grants will collectively cover our core milestones. Additionally, we will pursue smaller grants to further scale the platform, integrate specific features, and enhance the visibility and reach of our project.

We have previously achieved success by following a similar strategy. For our MVP, we secured a main grant from Arbitrum, supplemented by mini grants from Mask Network and ENS DAO. This approach has proven effective, giving us a strong foundation and confidence in our plan for ongoing growth and development.

Execution Strategy:
Our execution strategy for the Dhive platform focuses on delivering a robust and scalable governance hub, providing comprehensive access to governance-related data. This approach ensures that our platform benefits the overall ecosystem by promoting transparency and informed decision-making.

Grant Timeline and Milestones:

  • Milestone 1: Data Integration and Expansion - 6 weeks - 4,500 ARB
    – Index on-chain data directly from smart contracts for real-time updates, eliminating reliance on third-party services.
    – Promote Dhive in DAO communities to expand project reach (ongoing throughout the roadmap).
    – Demo the platform in DAO communities to drive adoption (ongoing throughout the roadmap).

  • Milestone 2: Performance Optimization - 4 weeks - 3,500 ARB
    – Implement a backend caching system to improve data retrieval performance.
    – Optimize existing algorithms for better performance and scalability.
    – Introduce advanced filtering and sorting options for better data navigation.
    – Update APIs to support new filtering and sorting functionalities.

  • Milestone 3: Delegation and Profile Enhancements - 5 weeks - 4,000 ARB
    – Index on-chain delegation data and token holders for DAOs.
    – Develop APIs to fetch and display delegation data.
    – Design and implement UI/UX for delegation features.
    – Implement vote-related features and stats on the profile page.

  • Milestone 4: UI/UX Improvements - 4 weeks - 3,500 ARB
    – Implement a calendar feature for upcoming proposals and events.
    – Develop APIs for calendar functionalities.
    – Refine UI/UX based on collected user feedback.
    – Implement read functionality for notifications (dependency on Push Protocol).
    – Implement live stream notifications (dependency on Push Protocol).

  • Milestone 5: Scoring and Ranking System - 6 weeks - 4,500 ARB
    – Develop a methodology to score and rank DAOs.
    – Implement backend logic to support the scoring system.
    – Develop APIs for DAO scoring and updates.
    – Integrate the scoring system on the frontend across main and DAO pages.

Estimated Duration: 25 Weeks

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

This section does not apply as we are not a protocol.

SECTION 5: Data and Reporting

Is your team prepared to create Dune Spells and/or Dashboards for your incentive program?: n/a

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

Please note: Labs and the Grants Committee retain the right to approve, disapprove, or subsequently disqualify any grant from the programs they are administering at their sole discretion.

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