About:

The Derive Builders Grants program, supported by the Optimism Governance Fund, recognizes and rewards community contributions and is a key pillar to the growth of Derive L2. https://app.charmverse.io/op-grants/derive-formerly-lyra-chain-intent-3b-9106030612947877

Application form:

https://docs.google.com/forms/d/e/1FAIpQLSfgZNENQ_QEL6t4svINlgIT2gU0vBtPtrybiDfIgLi_NYCrKQ/viewform?usp=sf_link

Duration:

Sep 1 2024- Aug 31 2025

Grant Allocation Categories and Distribution:

Builders Application Screening:

Grant Allocation Framework and Evaluation Criteria:

Derive will adopt a structured grants allocation framework informed by insights from Optimism Grants and our past grant programs. The framework will allow anyone to propose a grant, with acceptance or rejection requiring majority consensus among the team or voters. The process will eventually be formalized through a governance proposal. Grants will be processed on a rolling basis, following a two-step review process:

  1. Initial Intake Review: Grants will be screened for completeness, feasibility, and alignment with Derive’s goals.
  2. Interview: Further assessment to ensure the proposed project’s viability and impact.

Projects will be assessed based on alignment with Derive’s strategic priorities and evaluated based on the following criteria: