Description:
Projects or innovative strategies that can leverage GHO to stimulate demand, expand its utility, and accelerate GHO's transactional velocity.
Problem:
Following GHO’s launch, it’s success heavily depends on demand generation and widespread implementation throughout the DeFi sector.
Solution:
The ideal applicant will develop a strategy that incorporates GHO to create demand, utility or boost the velocity. The strategy's success will be evaluated on how it enhances GHO in the following areas:
- Supply: Does it stimulate the minting of GHO?
- Velocity: Does it promote transactions involving GHO?
- Retention: Does it incentivize holding GHO and/or sustaining liquidity positions?
Ideal Qualifications:
We're specifically interested in teams that possess established products or liquidity pools, which can be augmented with GHO. It's a plus if such teams can leverage existing community awareness and demand.
Funding & Deliverables:
Qualified applicants can receive up to $35k in AAVE or stables. To aid the integration's analysis and development, an initial milestone payment equivalent to 50% of the grant will be disbursed upfront. The remaining 50% will be awarded once the product or strategy is successfully implemented and operational.