The Grants Council serves by delegation from Token House to review and process Delegate Mission Applications in accordance with the Council’s Internal Operating Procedures. It ensures a streamlined and transparent process for grant applicants while maintaining accountability to the community. The Council aims to assess grant recipients’ milestone achievements and reduce delegate workload to focus on high-impact votes. Reports will be published at the end of each review cycle and season.
RubyScore is a decentralized onchain ranking protocol that evaluates wallet reputation based on various blockchain metrics. It encourages user engagement by motivating users to improve their onchain reputation through daily tasks. While RubyScore currently has no governance process or token, it generates revenue through a fee-based API for wallet identification, transaction fees for NFT rewards and minting profiles, and services like deferred transactions, the RubyScore ranking passport, and Verax Proof of Humanity attestation. It has received funding from Gitcoin Grant 20 and Optimism Retroactive Public Goods Funding 4.
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Extra Finance, a community-driven leveraged yield farming (LYF) protocol on OP Mainnet and Base. Extra Finance integrates with major DEXs like Velodrome, providing diverse farming strategies and catering to various risk profiles. The protocol uses two tokens, $EXTRA for liquidity provider rewards and $veEXTRA for governance, with $veEXTRA holders influencing decisions and enjoying benefits like higher leverage and access to exclusive pools. Governance is community-focused, with $veEXTRA token holders having significant input in the protocol's direction. Remarkably, Extra Finance is self-bootstrapped, relying on its own resources rather than external funding, showcasing its commitment to organic growth and independence in the DeFi space.
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