EYWA is a decentralized cross-chain protocol for transferring data and liquidity.
We have already launched the alpha version of the product (60k+ participated in alpha testing), and planning to connect with the Harmony network, so that would allow users to easily swap assets between the Harmony chain and other networks with our cross-chain data & liquidity protocol.
Team
We are a team of 20+ developers and we are confident that our product, combined with Harmony’s fast and cost-effective ecosystem will benefit both users and developers building their own dapps with our cross-chain liquidity & data protocol.
Proposal ask
We are requesting $50K in equity-free contribution:
$10K after integrating the Harmony testnet
$20K after 10K users participated in alpha-testing of the protocol integrated with the Harmony testnet
$20K after mainnet launch with audit
Milestones
Weeks 1-4: Integration complete and deployed onto testnet
Weeks 4-5: Give access to Harmony community to test and give feedback
Weeks 5-10: Deploy to mainnet with audit
Metrics for success
Integration of Harmony chain with our protocol with 10k+ users.
This proposal fits best to the Launch grant based on the guidelines at Apply for Grants or DAO
Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit.
We recommend a $50K equity-free contribution each:
$10K after launching a feature-complete product on our testnet,
$10K after forming a DAO with 5-out-of-9 multisig with our DAOs,
$10K after launching on our mainnet with audit,
$10K after 1K daily active users (with launch video, full PR promotion),
$10K after 10k daily active users (with a detailed roadmap, governance process).
Moreover, we recommend a 5-out-9 multisig account on Gnosis Safe with 3 governors from the project team, 3 governors from the project community, and 3 governors from Harmony DAOs – namely, ONEcommunityDAO, ONEdeveloperDAO, ONEincubatorDAO.
In all cases, we ask for 3-month exclusive campaigns with Harmony before more porting with other chains. We also offer follow-on investments – see 50 Investments ($20M) above; but, at the moment, you must have an outside, lead investor for us to match the funding terms. All codes, development materials and production assets must be fully open, preferrably with MIT or BSD licences; weekly updates must on sent on forum; and, all server deploys or mobile apps must be easily clonable.
Hi @giv thanks again for your feedback! We discussed it internally, happy to move forward, so we agree to the above terms.
One thing that we technically won’t be able to make is a 3-month exclusive campaign with Harmony as we are building a cross-chain protocol, so connecting with multiple chains is a core of our technology.
Unfortunately, this is a strict requirement. While we encourage multi-chain initiatives, it would not make sense from an investment perspective without the 3-month exclusive campaign.
Thanks @giv for clarifying. I just discussed it again with the team, we’re happy to forever use Harmony as a governance network on exclusive terms. Would that work for you?
Approved for $50K Launch grant. Congratulations! Looking forward to seeing this built out on the with the first milestone for a Testnet Launch built on Harmony
“Testnet Launch” means launching a feature-complete product on Harmony Testnet. We define feature complete to include a user interface, connection to a wallet (Metamask, Harmony ONE Chrome Extension, etc.) on Testnet, and can be tested end-to-end by at least 100 users.
Funds will be released upon completing these milestones
$10K after launching a feature-complete product on our testnet
$10K after forming a DAO with 5-out-of-9 multisig with our DAOs
$10K after launching on our mainnet with audit
$10K after 1K daily active users (with launch video, full PR promotion)
$10K after 10k daily active users (with a detailed roadmap, governance process)
Checkout the Funding FAQ for further info at Harmony Funding FAQ. Join the Harmony Grants Telegram channel to share your story and to gain partnerships there by growing your own ecosystem.
Hey @giv - quick question, does Harmony spread the word about approved projects for grants on official socials? We would be happy to retweet / repost once you post it. Is that possible? Let me know if you need anything for doing it. Thanks in advance!
Hey Giv - hope you are doing well! Seems like you haven’t included us into your last batch on Twitter. Are you planning to include us into the next one? That would be very helpful. Thanks!
Following up on current updates. We encourage updates on this channel to keep the community posted here on the progress!
$10K after launching a feature-complete product on our testnet
$10K after forming a DAO with 5-out-of-9 multisig with our DAOs
$10K after launching on our mainnet with audit
$10K after 1K daily active users (with launch video, full PR promotion)
$10K after 10k daily active users (with a detailed roadmap, governance process)
We are at the finish line! We have made the decision to use Harmony as our governance chain. It took a little longer to integrate, but we’re taking full advantage of Harmony’s features, such as using your VRF for our epoch lottery.
Now we’ve integrated with your mainnet and testnet, and the audit is also being completed. To complete step 2, we need your key and we will add it to our Aragon DAO. Can you kindly provide it please?
Hey @cheualx - also wanted to add that we’re going to use Harmony as a hub chain for our DEX, and also launching our cross-chain stable coin on your network.
We’d like to offer you a multisig membership, so you can be one of those who manage the project. What’s the best way to discuss it? Happy to schedule a call with the team.
to see weekly updates on this thread here, to keep the community posted on this proposal’s progress!