DRAFT Grant for the DevPool

[sergfeldman]

Discussed in https://github.com/orgs/ubiquity/discussions/20

^{Originally posted by sergfeldman February 26, 2023}
Previous draft
https://docs.google.com/document/d/1UZmmctl3wHlxnd1CdTe6rUKA5OACfdfty_07hZi7bu8/edit?usp=sharing

Options of grant providers

Priority

• Optimism
• GitHub

Not priority

• BSC
• Arbitrum
• Polygon
• TBD

Optimism grant links

Info
https://community.optimism.io/docs/governance/allocations/#airdrop-1
https://gov.optimism.io/c/proposals/governance-fund-phase-1-proposals/40
https://gov.optimism.io/t/governance-fund-phase-1-how-to-create-a-proposal/216
https://gov.optimism.io/c/proposals/grants-council/51

Template
https://gov.optimism.io/t/grant-proposal-template/3233/12
https://gov.optimism.io/t/draft-gf-phase-1-proposal-oayc/4341
https://gov.optimism.io/t/grants-proposal-template-cycle-11/5291

Common info for the grant application

• About Ubiquity
• Problems/pain points that DevPool is solving
• About DevPool and its uniqueness
• Benefits for the grant provider
• Terms of the grant and request for grant amount

About Ubiquity

Ubiquity DAO is the metaverse bank. We allow GameFi companies to focus on the “Game” while we focus on the “Fi.” Our core mission is to stabilize metaverse economies by implementing sound monetary and fiscal policies while simultaneously increasing capital efficiencies. Our flagship product is the Ubiquity Dollar: the stablecoin of crypto gaming.
Ubiquity is actively developing an ecosystem of products, including but not limited to, a metaverse loyalty program to incentivize NFT users, debt-boosted yield aggregators, and the UbiquiStick NFT.

Links
https://ubq.fi/
https://twitter.com/UbiquityDAO
https://t.me/ubiquitydao
https://github.com/ubiquity

Problems/pain points that DevPool is solving

Crypto projects pain points

• Operational limitations
  The operational throughput is limited by the capacity of internal developers.
  The scaling of the throughput is not easy and smooth.

• Cost of development
  The total cost of development is pretty high, i.e. expenses on Engineering Management.
  The onboarding of new developers requires specific effort.

• Solution quality
  The overall solution quality is limited by the level of internal developers.

About DevPool and its uniqueness

DevPool https://dao.ubq.fi/devpool

Benefits for crypto projects

Implementing part of the development through bounties:

• Increase operational throughput and scale the development easily.
• Decrease the total cost of development because bounties are paid only after the task is done.
• Increases overall quality because tasks are performed by the different developers that naturally audit code, find problems, and propose better solutions.

1. Easy scalability

• The operational throughput is significantly increased by the developers from GitHub and UviquiBot automation.
• The scaling and flexibility of development are easily increased.

2. Decreased cost of development

• Total cost of development is decreased because of the "pay only for done tasks" approach (i.e. expenses on Engineering Management).
• The onboarding of new developers is simplified.

3. GitHub-native usability

• All the GitHub tools are available.
• The routine task activity is automated via UbiquiBot.
• There is no need to maintain tasks on a separate freelance platform.

4. Increased solution quality

• The overall quality of the solution increased because tasks are performed by the different developers that naturally audit code, find problems, and propose better solutions.
• Fresh ideas and approaches came from the cooperation with the talents available on GitHub.

Benefits for the grant provider

TBD

Terms of the grant and request for grant amount

TBD

[sergfeldman]

@Hodlatoor This information is for you :)

[Hodlatoor]

received. Thanks! :)