Proposal is to provide a consistent framework to incentivise third-party providers (eg. wallets, aggregators) in onboarding Balancer V2 SOR.
We know its true. Every dev team worth its salt has work sprints packed to the brim. Typically, teams prioritise workflows based on whether the end result can bring the biggest impacts to their dapp or, simply (you know), choosing the low lying fruit. This means dapp integrations which fall in the “good to have” range are often neglected.
Especially recently, free flowing grants and liquidity mining dangled by foundations have aggressively competed for dev time. We see this where multiple or complex cross-chain deployments are increasingly common and faster. Naturally, the implications are SOR integration like ours tend to lose out.
For context, Aggregator integration (eg. Paraswap, 1inch) and wallets/dashboards have been slow or work in progress.
TL:DR: Balancer V2 integration is an uphill task and grants will help even the playing field.
We believe any relationships originating from this program to be synergistic and recurring with the market trend toward multichain deployments. Balancer will have closer partners that are more willing to prioritise us in future deployments. Native projects in future chains are incentivised to reach out to integrate, thus saving us time and effort.
The vesting terms are to ensure that the integration is completed with good quality and includes a decent duration of “after-sales support”.
The proposed grant amounts and terms are benchmarked against 3 points: (1) integration effort needed (2) current grant structure, (3) our Ballers remuneration structure
Third party integration could be in the form of DEX aggregators, wallets or other SOR (smart order routing) use cases.
Engagement starts when both teams are agreeable. Could be backdated, but of course terms will be adjusted accordingly.
One off 3-5k BAL grant vested 2 years with a 1 year cliff.
As usual open for discussions