Thank you so much for this proposal @Aishwary92.
I can closely relate to this proposal. I feel that growth of every protocol depends on active development support. We have many of grant proposal active in the forum that needs attention and direction for next steps.
This proposal is giving clear visibility to developers on
- Clarity in terms of ownership and process
- Growth of 0x protocol and use cases
- Types of grants
- Clear guidance of grant amount
Also, I feel that once we support builders to integrate on Polygon, eventually they will expand to other networks as the dApp grows (increasing 0x usage ultimately). I suggest that in terms of grant funds distribution, there must be equal or valuable contribution from 0x treasury too.
Regarding utilisation of funds, I think that the distribution of funds should be in milestones with some combination of pre-passed proposal. This will save time for the community if developer has multiple things planned. It will be one time approval and then milestone based transfer based on proof of work.
For example, if a developer is asking for $15K grant, it can look something like below:
- Approval of 100% grant
- Some amount (i.e. 50%) of transfer at the time of approval
- Milestone based transfer
So, I strongly support @Aishwary92’s initiative. Thank you for pushing 0x forward.
PS: I have tried to share my unbiased opinion for the growth of 0x. We have a pending grant proposal.