# \[OPEN GRANT APPLICATION\] Neutra Finance **URL:** \ **Category:** Grants\ **Created:** [November 17, 2023, 11:41am UTC](https://gov.gmx.io/t/open-grant-application-neutra-finance/2602 "2023-11-17T11:41:58Z")\ **Posts on this page:** 1\ **Showing post:** 4
**Author:** ![0xGery](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/0xgery/32/670_2.png) [@0xGery](https://gov.gmx.io/u/0xGery)\ **Post date:** [November 26, 2023, 4:25pm UTC](https://gov.gmx.io/t/open-grant-application-neutra-finance/2602/4 "2023-11-26T16:25:11Z")
### In response to > [@How to Apply - GMX DAO Grants](https://gov.gmx.io/t/how-to-apply-gmx-dao-grants/2512/2): > > Disclaimer: The grant program serves as an extension of STIP. Its main goal is to encourage direct on-chain activity to drive growth. The purpose is to support initiatives that actively contribute to the project’s ecosystem. It focuses on boosting on-chain engagement instead of using funds for employee salaries. This strategy aims to make the grants have a bigger impact by directly supporting initiatives that improve the project’s on-chain activity and contribute to its long-term sustainability. … #### We want to make a clear statement: > Neutra Finance is committed to advancing decentralized finance with innovative, risk-hedged strategies. Our proposal for the GMX grant is to exclusively fund the development and marketing of the GMX V2 Delta Neutral Strategy. This strategy is designed to provide sustainable investment returns and boost long-term on-chain activity, including a significant increase in TVL and trading activity on GMX V2. > By focusing on efficient rebalancing and proactive liquidation risk management to ensure stable returns without being affected by market fluctuation, underlining our dedication to the ecosystem’s growth and sustainability. In line with the grant’s goals, we assure that these funds will be strictly used for their intended purpose and not for employee salaries. #### Additional Notes We are eager and open to working with the GMX team to discuss and plan the grant’s allocation and usage. Our intention is to ensure that these funds are used in a way that maximally supports our mutual objectives in the DeFi space. --- _[View the full topic](https://gov.gmx.io/t/open-grant-application-neutra-finance/2602)._