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ton-society / grants-program

TON Grants Program repository
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A bunch of comments #4

Open hemiw1 opened 1 year ago

hemiw1 commented 1 year ago

1. Should bridges and DEXs be in the same contest? A whale bringing a BTC bridge can, in one fell swoop, bring in 100M$ whereas a DEX will have a more of a challenge creating this type of liquidity from one project in the TON ecosystem as it stands today

2. The cliff and vesting Perhaps an example will help better understand - "Once you reach a TVL goal, you are awarded the Toncoin but in a vested manner. For example: Upon reaching 50M TVL, you are entitled to 650k, but you will receive it only after 6 months of the first date of getting to theTVL, at which point you will receive 50% (325K). After that you will receive ~54k (650/12) monthly."

3. First come first serve If a single project reaches all the milestones first, will they and gets all 14 million, or is there a cap per project? A numeric example could help better understand

5. Additional guidelines If these are examples of factors, perhaps the text should be: "...Here are some examples of factors ..."

6. Active users (typo :"users").

7. "Liquidity of the locked values" What doe "Liquidity of the locked values" means? Is this the depth of the pools? The reputability of the Jettons? Something else?

8. Terms It's implied from the text that the rewards will be given in TON, not fiat, but it should be explicitly stated.

9. 1-year window with fixed TON price ($1.00)
Not clear what is meant here. Same for the rest of the clauses in the terms section. Giving numeric examples will help everyone better understand.

10. Conditions "Initial approval by TON Society and pre-determined start date" (typo)

tonkongz commented 1 year ago

@hemiw1 Thank you for the comments and please find the response below:

  1. Separating bridges and DEXs can result in same teams building both to "double-dip" on the rewards. Perhaps a proposal is that the contests and its awards should be split as well?

  2. Added a detailed example, please let us know if any additional questions.

  3. Clarified that the awards are cumulative. The maximum each team can receive is $3.5M (highest tier).

  4. Suggestion received and updated.

  5. Suggestion received and updated.

  6. The reputability of the Jettons. Added this as further clarification point.

  7. Suggestion received and updated.

  8. Added a detailed example, please let us know if any additional questions.

  9. Suggestion received and updated.