Harmony Q2 2022 Offsite Report

I want to comment on this with maybe a little personal example.

As FoxSwap, we have been approved for grant in September last year. Since then, first two tranches of the grant have been paid out. On March 25th, I have posted that we have long fulfilled 3rd milestone, with details. In fact, we have far and beyond over delivered if you look at product scope of initial grant. Recently, we have been asked to also make a video as a deliverable. Which we are happy to do but the point is that we have not known that and would benefit from clearer outline how grant milestones are measured from beginning.

I think stress should still be on delivering a working product first and foremost for all grantees, be it for launch or DAO grants, as to avoid grantees focusing on just creating nice videos.

I also want to point out that FoxSwap definitely wants to do just that and we have asked for it a while ago already. To be frank, FoxSwap is one of the oldest protocols on Harmony, we are native, praised community DEX with suite of DeFi products already in place, we shouldn’t have to struggle with grants, co-marketing and such. We are excited to build and deliver awesome solutions that are already there, usable for all users.

I think my main message here, beside what has been pointed out, is that these initiatives are great and I am happy to see Harmony take hands on approach, wants to listen to community and improve. I believe, these initiatives would benefit from more transparent/actionable breakdown — such as e.g. SMART definition of goals: Specific, Measurable, Achievable, Relevant and Time-bound.

I think the main advantage of business like Harmony is the ability to be agile in very fast paced space line web3, with fierce competition. I would however still like to utilise some professional management tools that have been developed in corporate world.

I think such transparency/accountability will help projects like ours (and CU as evidenced by message above asking for timeline) as well as whole community so that we can find success and benefit Harmony at the end, which we all want.

Last but not least, I think personally I am most excited about GameFi shard, even though that’s not something that will benefit FoxSwap directly.

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