Proposal Details
Proposal #170
Proposal title
Gravity Growth and Sustainability Grant
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #170 description
The maintenance, sustainability, and usability of Gravity Bridge is dependent on core upgrades and safety improvements, and a decentralized front end ecosystem. Gravity Bride is a decentralized and permissionless bridge, operated by validators and an open, free market of relayers. This decentralization and multi-entitiy support approach has led to Gravity’s traction as the most widely adopted and highest TVL bridge in Cosmos, and charts a sustainable and evolving path forward.
This GRAV grant encompasses the proposals of three teams, to build and maintain front ends and monitoring and perform core upgrades and ecosystem communication. This grant envisions the funding necessary for the teams to perform these operations and share $GRAV with team members to align all in the ecosystem success.
Grants will be awarded to each team in a continuous vesting account, which unlocks tokens each day, instead of all at once. The vesting duration will be over 1 year. The teams will be able to stake and earn fees associated with the usual process of staking. If the vote is yes, it will fund a multi-sig 3 of 5 with 45 million $GRAV. This multi-sig will then remit funds to vesting accounts of the following entities in the amounts below.
All teams requesting funds agree to abstain from voting in this proposal.
Gravity Sub-Grant 1 15Mil $GRAV Blockscape for Bridge.blockscape.network, Gravity Front End This is the most widely used Gravity Bridge front end and Blockscape has performed numerous updates and improvements since they launched after the passing of Gravity Proposal 36.
Gravity Sub-Grant 2 15Mil $GRAV Chandra Station for Bridge Monitoring website (Bridged.Zone), which will show stats on bridge usage including fees being paid to graviton stakers and bridge volume. Modeled after ultrasound.money, Bridged.Zone increases Gravity visibility and provides users with a way to see important bridge metrics. This will also include support of an alternate front end of Spacestation.zone. This is non-competitive to the Blockscape offering, but also provides an alternative pathway to bridging on Gravity if there is down time from the most used front end./n/nGravity Sub-Grant 3 15Mil $GRAV Hawk Networks (Althea team) for core upgrades and safety improvements, including the upcoming Orion Update, as well as ecosystem communication and support. The Althea team has supported and maintained the core development and communication of the bridge since the launch in late 2021. As the team expands, the grant also offers a way to sustain operations, including operating RPC and relay nodes, as well as share $GRAV with newer team members.
The proposed multi-sig holders are Will, co-founder of Cosmic Horizon, Validator of Gravity Paul, Skynet, Gravity/Cosmos Validator KingSuper, Gravity/Cosmos Validator mzonder, Gravity/Cosmos Validator Cros-nest, Gravity/Cosmos Validator
Multi-sig Address: Address: gravity12m3jg0mxczxmhezkpen97xgckgert5hxevprs6