Grant Request by Argano DEX

Archive Grants
1

Submission Date
January 27, 2022

Project Links

Website: https://argano.io/
Twitter: https://twitter.com/argano_io
Discord: DISCORD.IO | ARGANO
Medium: https://argano.medium.com/

Project Description

The protocol for yield generation and DEX trading, created by & for the DeFi community. Providing synthetic assets: USD and BTC pegged tokens.

Amount requested
172,000 USD

Milestones

  1. Liquidity provision

To ensure stability in the main core pairs AGOUSD / AGOBTC to prevent price manipulation - $100K. Can be applied by direct adding liquidity.

TVL measure - over 500K

  1. Marketing campaign

We are expanding different field of marketing, however increase in budget can help in achieving greater info fields - $20K

  1. Limit order protocol, smart contract development, includes payment for work done by developers - $5K

  2. Investment community pools (dHEDGE portfolios). Includes improvements of the already created idea and development - $7K

  3. On-chain DAO governance, unique NFT collection, and selection of high-quality DAO’s representatives - $40K

2

Hi,

After reviewing this grant carefully we have taken the hard decision of not awarding it this time.

While we want to support as many projects as we can, we receive a large number of proposals and our funds are limited so sadly we need to turn some projects down.

I would like to thank you for thinking of Polygon and I wish you all the best for the future.

Kind regards,

David.