This is a proposal to allocate some small portion of the Balancer ecosystem grant fund toward public goods.
We developers and community members of the Free and Open Source Software (FOSS) movement recognize that, more often than not, we stand on the shoulders of giants. Decentralized Finance (DeFi), as well as the wider Ethereum and cryptoasset ecosystem, is a group effort and we can all do our part to make this technological revolution a reality. As a core building block within DeFi, the Balancer protocol directly benefits from any and all growth within the DeFi economy. As such, it would behoove us all to give back to the community that has enabled Balancer’s unparalleled growth over the last several months. Let’s help plant the seeds for some of next big Ethereum projects.
Gitcoin Grants Round 7 began three days ago on September 15 and will run until October 2. Let’s get this proposal passed this weekend so that the Balancer community can become a matching partner for this round!
The following are the proposed options for a lump sum public goods contribution to Gitcoin Grants Round 7. The BAL tokens to be donated will be taken from the Balancer ecosystem grant fund.