Browsing through the 1800+ grants on Gitcoin is like visiting some strange and wonderful futuristic digital bazaar. The sights, smells and sounds expand the mind and delight the senses. There are so many new ideas bubbling up within the broader ecosystem, and it is exciting to get a feel for some of these new happenings.
Gitcoin Grants Round 11 provides an opportunity to take a look around and be inspired by the community. Often we are focused on a very small slice of the blockchain pie. Here we can envision new ideas and directions and be inspired by the builders and projects seeking a more fair and decentralized future.
Projects on xDai are well represented. There are well known projects like DarkForest, Nethermind, POAP, Tornado Cash, 1Hive and Nifty Ink looking to improve and expand their applications. There are also smaller DAOs, analytics platforms, decentralized funding platforms, DeFi projects, wallets, and other apps we’ve discovered in our searches.
It’s exciting to see projects that use xDai supporting one another. The Panvala League encompasses a broad range of forward-facing communities and projects like Giveth, Shenanigan, Minerva Wallet, and Metaspace use xDai for scalability while helping one another expand and grow.
BlockScout Block Explorer is also participating in the round. Enhancements to the open-source explorer benefit all xDai users as new features for on-chain exploration and an Ethereum mainnet instance will boost xDai functionality and visibility throughout the community.
It can be a bit overwhelming at first but well worth the effort to explore the different projects in various stages of development. As an xDai user, there is no better way to support the chain than to fund projects you believe in. Quadratic matching means your funding goes much further to help projects get the funds they need to succeed.
Supporting projects within the broader Ethereum ecosystem, not just on xDai, is also vital. As they say, a rising tide lifts all boats. Projects just getting started on Ethereum today may be the next big thing on xDai tomorrow!
If you get a chance, fund a few projects during Round 11, which ends September 22.
September 10 Weekly Highlights
The latest bridge contracts have been audited by Chain Security. A number of issues were identified and remedied, and we look forward to deploying some exciting new bridge functionality. Details coming 🔜
POAP (Proof of Attendance Protocol) has been using xDai for scalability for a long time, and the project continues to grow with over 1M POAPs now minted on xDai. Checkout some POAP metrics here, and read this Cryptobriefing article to learn more about POAPs and the projects using them.
Dark Forest released their Round 3 update. Highlights included 2500 active players, 2M transactions and 1.7 Trillion gas used! Look for information on Round 4 in the coming weeks.
A new FOX/DAI pool was established on Honeyswap. It’s great to see Shapeshift, a pioneer and decentralized leader in the space, utilizing the xDai ecosystem and bringing new users to the fold.
Snafu is an artist collective releasing some amazing NFTs along with physical products. They released a small lot of autographed art books this week, a perfect addition to any IRL coffee table.
It’s almost harvest season, and farms are providing some big yields. Farming is fun and daily harvests are painless on xDai. There’s no need to plan for gas costs, simply harvest at your leisure! A full list of farms is available here, below are a few to checkout if you are new and want to give farming a try 👩🏼🌾
HoneyComb Farms | XCOMB
Sushi Farms | SUSHI/STAKE
Minerva Streaming Farms | MIVA
🙏 A big thank you to xDai projects, users and advocates leveraging xDai this week for their scalability, green minting, and leisurely harvesting needs! We’re looking forward to another week with some protocol updates around the corner.
- The xDai Team