we are exploring building a decentralized exchange with sesameseed, who have been one of harmony’s mainnet validators since open staking launch. this is a work in progress grant proposal, we’ll post updates here.
| proposal | |
|---|---|
| apply | 6/17 |
| start | 7/20 |
| amount | $25k |
| users | crypto: 1M |
| category | defi: bridges, stablecoins, oracles |
| project | |
|---|---|
 emoji |
|
| name | sesameseed |
| x for y | idex for hrc20 tokens |
| 1-liner | decentralized exchange for HRC20 token holders to convert their tokens into other HRC20 tokens through automated price discovery liquidity pools |
| bio | juliun brabon: elected harmony mainnet validator, former senior level operations in the pharmaceutical industry at DrVita.com and Jarrow Industries |
| deck | https://drive.google.com/file/d/1uX3OpsoG-5jFy_UYkiHAn2pZ9_voOS_o/view?usp=sharing |
| pic | https://drive.google.com/file/d/15KW6dh30SWibYoYujUTxaIEU5rN-n0Fg/view?usp=sharing |
| forum | |
| town | los angeles, california |
| governors | |
|---|---|
 community |
bigcryptoking |
 angels |
theartistmsg |
 captains |
 marshall |
 validators |
Blockdaemon   Validator |
 eng harmonauts |
 dennis |
 biz harmonauts |
 nikos |
| current traction | |
|---|---|
| demo | https://exchange.sesameseed.org/ |
| prior grants / engagements | https://soramitsu.co.jp/polkaswap_press_release |
| team size | 5 |
| team cost, time commitment | 25 hours/week |
| social: telegram, twitter | 4k tg, 9k twitter |
| 7-day metric targets | |
|---|---|
| active users | 100 |
| retention rate | 50% |
| assets | $100k+ |
| transactions | 1k |
| volume | $10k |
| 6-week deliverable / milestone targets | |
|---|---|
| 1: testnet | https://github.com/sesame-seed/SEEDx , $10K in liquidity pool |
| 2: demo, ama | https://t.me/SesameseedOrg |
| 3: docs, blog | https://medium.com/@sesameseedorg |
| 4: mainnet | SEED/ONE, DEX framework, website, $50K in liquidity pools for ONE & SEED |
| 5: users/assets | $4,000 daily transaction volume |
| 6: marketing | create 500+ word article, announcement on Sesameseed Telegram and Twitter, send announcement newsletter to all Sesameseed users |
| artifacts | |
|---|---|
| license | MIT / BSD 3-clause or 2-clause license |
| site | sesameseed.org |
| blog | https://medium.com/@sesameseedorg |
| code | |
| docker |
Harmony Grants are to drive our platform’s mainnet utility 
, decentralized community , and cryptographic innovations 
— aligned with our 2020 roadmap on cross-border finance and auditable privacy 
.
Your grant and project are fully transparent to everyone. Details of all grants such as application materials, funding amounts, community discussions, governor decisions and wallet addresses are publicly available at harmony.one/open-grants.