Profile of SonneFinance in Optimism
Posts by SonneFinance
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[DRAFT] Decode - Financial NFT marketplace
by SonneFinance - No Role
Posted on: March 21, 2024, 11:02 a.m.
Content: Basic Details Project name : Decode Author name and forum name (please provide a reliable point of contact for the project) : Atakan - IntroToDeFi, (AtakanY) L 2 recipient address : 0 xD 3 e 24 C 782 b 0 c 684782 dCd 294602638 A 05 bdF 1 A 7 C I confirm that I have read the landing pages for the Builders and Growth Experiments Sub-Committees and that I have determined my proposal is best suited to be reviewed by the Builders Sub-Committee: [Yes/No] : Yes Project Details Decode is an NFT marketplace, specified for Financial NFTs, such as veVELO, veAERO and more. https://decode.market 10 What are you going to build? : We already built the MVP for the product and it’s on beta. For now basic functions like trading, listing, making offers, making offers based on price, filters etc. is there, but we have much more to build such as: Analysis dashboard Easier listings Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO) Emergency sales Divide and sell option DCA option Why is what you are going to build going to succeed? : Optimism and Base’s hub of liquidities are Velodrome and Aerodrome, therefore dominated by financial NFTs. Current marketplaces have shortcomings because they are optimized for traditional NFTs. There is a total 878 , 661 , 086 veVELO staked in total, but only 2 M of it is liquid. It’s even worse for Aerodrome, as there are total of 552 , 442 , 060 veAERO, but only 700 k of it is liquid. Decode is built to tackle the liqudity issue of FNFTs, aiming to be hub of FNFTs, and create a mutualist relationship with projects like Velodrome and Aerodrome. Is your project likely to bring new builders to the Optimism ecosystem? If so, please describe how : Yes. The trend of staking mechanism is locking it and turn it into an NFT, and the biggest problem for a lot of protocols is making that NFT liquid. By simply removing that hurdle, it becomes easier for users to stake and lock, as they will know that the NFT they have can be sold any time. It also enables protocols like DYAD to deploy their protocols on Optimism, as those projects need an adapted frontend to facilitate their trading. Provide us with links to any of the following for the project : Website : https://decode.market 10 Discord : Decode Twitter : https://twitter.com/Decode_NFT Do you have any metrics on the project currently? (TVL, transactions, volume, unique addresses, etc. Optimism metrics preferred; please link to public sources such as Dune Analytics, etc.): No. Who are your competitors? : OpenxSwap, OpenSea What differentiates you from your competitors? : Our singular focus is on Financial NFTs unlike our competitiors. Filtering system, trading and sales are all optimized for trading financial assets unlike others. Currently, there is no better place for trading veNFTs compared to Decode, and we can say it even without the upcoming features. Will your project be composable with other projects on Optimism? If so, please explain : Yes. As explained above, the project is composable for every project that uses financial NFTs. Team Who are your founders? : Atakan Yelkovan : Co-founder of Sonne Finance, Mare Finance, Thora Finance IntroToDeFi on Youtube, Twitter DevKeegs: Full-time developer, Founder of “The Continent”, NFT-based game on Kava. Gathon : Co-Founder and CTO of Sonne Finance, Mare Finance, Thora Finance. Ex head of development of Babylons NFT marketplace on BNB What makes your founders well-positioned to accomplish your goals with this project ( 1 - 2 sentences on each)? : We are greatly experienced of NFT and DeFi, which is the perfect couple for Financial NFTs and built a unique flywheel that leverages Velodrome and Aerodrome that’s getting forked on every chain, which proves that we are very familiar with projects like Velodrome. Tell us about the rest of your team (if there are more teammates) : We have one awarded designer, and one community manager. Is this your first Web 3 project? : No, as explained above. If not, what else have you built? (Share links, Github repository, or any other useful information.): https://sonne.finance https://mare.finance docs.thora.finance Introduction | Thora I understand that Builders grants are subject to a 1 year lock-up, as explained further in this post : [Yes/No] : Yes Is your project funded? If so, provide an estimate of how many months of funding runway your project has : No. Grant Request: What is the size of the grant request? ( 50 k OP max) : 20 k OP How do you justify the size of the grant? Decode is a project that will open the road for a lot of projects that uses financial NFTs, and will tackle the liquidity issue of the current ones. To properly build, we need to apply significant engineering, design and QA resources. Roadmap Describe in discrete steps your plan for accomplishing your project: Finish the full design and analysis dashboard User feedbacks and research Deploy changes based on feedbacks Marketing Upgrade the protocol with the features explained above : Analysis dashboard Easier listings Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO) Emergency sales Divide and sell option DCA option Create markets for new protocols. Does your plan depend on the receipt of OP tokens? : It doesn’t fully depend on the receipt of OP tokens, but it will facilitate a long-term relationship between Decode and Optimism/Base , and it will give us the freedom to work for it for at least a year. What is your plan for the use of the OP token after the 1 year lock-up? : Decode is committed to hold OP tokens for a year. After a year, we hope to cover the costs for : Smart contract engineering 65 % Design 15 % Marketing 10 % QA/Support 10 % Please provide benchmark milestones for this project. These milestones should guide the Optimism community on the progress of your project during the 1 -year lock-up period.: Milestone 1 : Net increase of 100 users since the approval of the OP grants Milestone 2 : Net increase of 500 users since the approval of the OP grants Please define critical milestones for this project. Critical milestones are meant to show good-faith efforts to accomplish the project. Non-completion of these milestones could lead to revocation of remaining grant rewards . Milestone 1 : Total Volume : $ 1 M Milestone 2 : Total liquidity in the market : $ 1 M Milestone 3 : Total users : 2000 Optimism Relationship Does your project solve a problem for the Optimism ecosystem?: Yes. As explained above, it solves the liquidity problem for financial NFTs. How does your proposal offer a value proposition solving the above problem?: It does it by focusing singularly on the topic instead of trying to do everything at once. As explained above, it’s an optimized marketplace specifically for FNFTs. Why will this solution be a source of growth for the Optimism ecosystem?: It will be a great factor for the growth of projects like Velodrome and Aerodrome, it will enable users to be more comfortable with their locks, and boost TVL of those projects, and as those projects are the main driving force for Optimism and Base, Decode will be a source of growth for the whole OP ecosystem. Is your project Optimism Native?: Yes Confirmations I understand that I will be required to provide additional KYC information to the Optimism Foundation to receive this grant: [Yes/No]: Yes I understand that I will be expected to following the public grant reporting requirements outlined here: [Yes/No]: Yes
Likes: 1
Replies: 0
No replies yet.
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[DRAFT] Decode - Financial NFT marketplace
by SonneFinance - No Role
Posted on: March 21, 2024, 7:02 a.m.
Content: Basic Details
Project name :
Decode
Author name and forum name (please provide a reliable point of contact for the project) :
Atakan - IntroToDeFi, (AtakanY)
L 2 recipient address :
0 xD 3 e 24 C 782 b 0 c 684782 dCd 294602638 A 05 bdF 1 A 7 C
I confirm that I have read the landing pages for the Builders and Growth Experiments Sub-Committees and that I have determined my proposal is best suited to be reviewed by the Builders Sub-Committee: [Yes/No] :
Yes
Project Details
Decode is an NFT marketplace, specified for Financial NFTs, such as veVELO, veAERO and more.
https://decode.market
What are you going to build? :
We already built the MVP for the product and it’s on beta. For now basic functions like trading, listing, making offers, making offers based on price, filters etc. is there, but we have much more to build such as:
Analysis dashboard
Easier listings
Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO)
Emergency sales
Divide and sell option
DCA option
Why is what you are going to build going to succeed? :
Optimism and Base’s hub of liquidities are Velodrome and Aerodrome, therefore dominated by financial NFTs. Current marketplaces have shortcomings because they are optimized for traditional NFTs.
There is a total 878 , 661 , 086 veVELO staked in total, but only 2 M of it is liquid. It’s even worse for Aerodrome, as there are total of 552 , 442 , 060 veAERO, but only 700 k of it is liquid.
Decode is built to tackle the liqudity issue of FNFTs, aiming to be hub of FNFTs, and create a mutualist relationship with projects like Velodrome and Aerodrome.
Is your project likely to bring new builders to the Optimism ecosystem? If so, please describe how :
Yes. The trend of staking mechanism is locking it and turn it into an NFT, and the biggest problem for a lot of protocols is making that NFT liquid. By simply removing that hurdle, it becomes easier for users to stake and lock, as they will know that the NFT they have can be sold any time.
It also enables protocols like DYAD to deploy their protocols on Optimism, as those projects need an adapted frontend to facilitate their trading.
Provide us with links to any of the following for the project :
Website : https://decode.market
Discord : Decode
Twitter : https://twitter.com/Decode_NFT
Do you have any metrics on the project currently? (TVL, transactions, volume, unique addresses, etc. Optimism metrics preferred; please link to public sources such as Dune Analytics, etc.):
No.
Who are your competitors? :
OpenxSwap, OpenSea
What differentiates you from your competitors? :
Our singular focus is on Financial NFTs unlike our competitiors. Filtering system, trading and sales are all optimized for trading financial assets unlike others.
Currently, there is no better place for trading veNFTs compared to Decode, and we can say it even without the upcoming features.
Will your project be composable with other projects on Optimism? If so, please explain :
Yes. As explained above, the project is composable for every project that uses financial NFTs.
Team
Who are your founders? :
Atakan Yelkovan :
Co-founder of Sonne Finance, Mare Finance, Thora Finance
IntroToDeFi on Youtube, Twitter
DevKeegs:
Full-time developer, Founder of “The Continent”, NFT-based game on Kava.
Gathon :
Co-Founder and CTO of Sonne Finance, Mare Finance, Thora Finance.
Ex head of development of Babylons NFT marketplace on BNB
What makes your founders well-positioned to accomplish your goals with this project ( 1 - 2 sentences on each)? :
We are greatly experienced of NFT and DeFi, which is the perfect couple for Financial NFTs and built a unique flywheel that leverages Velodrome and Aerodrome that’s getting forked on every chain, which proves that we are very familiar with projects like Velodrome.
Tell us about the rest of your team (if there are more teammates) :
We have one awarded designer, and one community manager.
Is this your first Web 3 project? :
No, as explained above.
If not, what else have you built? (Share links, Github repository, or any other useful information.):
https://sonne.finance
https://mare.finance
docs.thora.finance
Introduction | Thora
I understand that Builders grants are subject to a 1 year lock-up, as explained further in this post : [Yes/No] :
Yes
Is your project funded? If so, provide an estimate of how many months of funding runway your project has :
No.
Grant Request:
What is the size of the grant request? ( 50 k OP max) :
20 k OP
How do you justify the size of the grant?
Decode is a project that will open the road for a lot of projects that uses financial NFTs, and will tackle the liquidity issue of the current ones. To properly build, we need to apply significant engineering, design and QA resources.
Roadmap
Describe in discrete steps your plan for accomplishing your project:
Finish the full design and analysis dashboard
User feedbacks and research
Deploy changes based on feedbacks
Marketing
Upgrade the protocol with the features explained above :
Analysis dashboard
Easier listings
Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO)
Emergency sales
Divide and sell option
DCA option
Create markets for new protocols.
Does your plan depend on the receipt of OP tokens? :
It doesn’t fully depend on the receipt of OP tokens, but it will facilitate a long-term relationship between Decode and Optimism/Base , and it will give us the freedom to work for it for at least a year.
What is your plan for the use of the OP token after the 1 year lock-up? :
Decode is committed to hold OP tokens for a year. After a year, we hope to cover the costs for :
Smart contract engineering 65 %
Design 15 %
Marketing 10 %
QA/Support 10 %
Please provide benchmark milestones for this project. These milestones should guide the Optimism community on the progress of your project during the 1 -year lock-up period.:
Milestone 1 : Net increase of 100 users since the approval of the OP grants
Milestone 2 : Net increase of 500 users since the approval of the OP grants
Please define critical milestones for this project. Critical milestones are meant to show good-faith efforts to accomplish the project. Non-completion of these milestones could lead to revocation of remaining grant rewards .
Milestone 1 : Total Volume : $ 1 M
Milestone 2 : Total liquidity in the market : $ 1 M
Milestone 3 : Total users : 2000
Optimism Relationship
Does your project solve a problem for the Optimism ecosystem?:
Yes. As explained above, it solves the liquidity problem for financial NFTs.
How does your proposal offer a value proposition solving the above problem?:
It does it by focusing singularly on the topic instead of trying to do everything at once. As explained above, it’s an optimized marketplace specifically for FNFTs.
Why will this solution be a source of growth for the Optimism ecosystem?:
It will be a great factor for the growth of projects like Velodrome and Aerodrome, it will enable users to be more comfortable with their locks, and boost TVL of those projects, and as those projects are the main driving force for Optimism and Base, Decode will be a source of growth for the whole OP ecosystem.
Is your project Optimism Native?:
Yes
Confirmations
I understand that I will be required to provide additional KYC information to the Optimism Foundation to receive this grant: [Yes/No]:
Yes
I understand that I will be expected to following the public grant reporting requirements outlined here: [Yes/No]:
Yes
Likes: 1
Replies: 0
No replies yet.
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[DRAFT] Decode - Financial NFT marketplace
by SonneFinance - No Role
Posted on: March 21, 2024, 7:02 a.m.
Content: Basic Details
Project name :
Decode
Author name and forum name (please provide a reliable point of contact for the project) :
Atakan - IntroToDeFi, (AtakanY)
L 2 recipient address :
0 xD 3 e 24 C 782 b 0 c 684782 dCd 294602638 A 05 bdF 1 A 7 C
I confirm that I have read the landing pages for the Builders and Growth Experiments 1 Sub-Committees and that I have determined my proposal is best suited to be reviewed by the Builders Sub-Committee: [Yes/No] :
Yes
Project Details
Decode is an NFT marketplace, specified for Financial NFTs, such as veVELO, veAERO and more.
https://decode.market 21
What are you going to build? :
We already built the MVP for the product and it’s on beta. For now basic functions like trading, listing, making offers, making offers based on price, filters etc. is there, but we have much more to build such as:
Analysis dashboard
Easier listings
Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO)
Emergency sales
Divide and sell option
DCA option
Why is what you are going to build going to succeed? :
Optimism and Base’s hub of liquidities are Velodrome and Aerodrome, therefore dominated by financial NFTs. Current marketplaces have shortcomings because they are optimized for traditional NFTs.
There is a total 878 , 661 , 086 veVELO staked in total, but only 2 M of it is liquid. It’s even worse for Aerodrome, as there are total of 552 , 442 , 060 veAERO, but only 700 k of it is liquid.
Decode is built to tackle the liqudity issue of FNFTs, aiming to be hub of FNFTs, and create a mutualist relationship with projects like Velodrome and Aerodrome.
Is your project likely to bring new builders to the Optimism ecosystem? If so, please describe how :
Yes. The trend of staking mechanism is locking it and turn it into an NFT, and the biggest problem for a lot of protocols is making that NFT liquid. By simply removing that hurdle, it becomes easier for users to stake and lock, as they will know that the NFT they have can be sold any time.
It also enables protocols like DYAD to deploy their protocols on Optimism, as those projects need an adapted frontend to facilitate their trading.
Provide us with links to any of the following for the project :
Website : https://decode.market 21
Discord : Decode
Twitter : https://twitter.com/Decode_NFT
Do you have any metrics on the project currently? (TVL, transactions, volume, unique addresses, etc. Optimism metrics preferred; please link to public sources such as Dune Analytics, etc.):
No.
Who are your competitors? :
OpenxSwap, OpenSea
What differentiates you from your competitors? :
Our singular focus is on Financial NFTs unlike our competitiors. Filtering system, trading and sales are all optimized for trading financial assets unlike others.
Currently, there is no better place for trading veNFTs compared to Decode, and we can say it even without the upcoming features.
Will your project be composable with other projects on Optimism? If so, please explain :
Yes. As explained above, the project is composable for every project that uses financial NFTs.
Team
Who are your founders? :
Atakan Yelkovan :
Co-founder of Sonne Finance, Mare Finance, Thora Finance
IntroToDeFi on Youtube, Twitter
DevKeegs:
Full-time developer, Founder of “The Continent”, NFT-based game on Kava.
Gathon :
Co-Founder and CTO of Sonne Finance, Mare Finance, Thora Finance.
Ex head of development of Babylons NFT marketplace on BNB
What makes your founders well-positioned to accomplish your goals with this project ( 1 - 2 sentences on each)? :
We are greatly experienced of NFT and DeFi, which is the perfect couple for Financial NFTs and built a unique flywheel that leverages Velodrome and Aerodrome that’s getting forked on every chain, which proves that we are very familiar with projects like Velodrome.
Tell us about the rest of your team (if there are more teammates) :
We have one awarded designer, and one community manager.
Is this your first Web 3 project? :
No, as explained above.
If not, what else have you built? (Share links, Github repository, or any other useful information.):
https://sonne.finance
https://mare.finance
docs.thora.finance
Introduction | Thora
I understand that Builders grants are subject to a 1 year lock-up, as explained further in this post : [Yes/No] :
Yes
Is your project funded? If so, provide an estimate of how many months of funding runway your project has :
No.
Grant Request:
What is the size of the grant request? ( 50 k OP max) :
20 k OP
How do you justify the size of the grant?
Decode is a project that will open the road for a lot of projects that uses financial NFTs, and will tackle the liquidity issue of the current ones. To properly build, we need to apply significant engineering, design and QA resources.
Roadmap
Describe in discrete steps your plan for accomplishing your project:
Finish the full design and analysis dashboard
User feedbacks and research
Deploy changes based on feedbacks
Marketing
Upgrade the protocol with the features explained above :
Analysis dashboard
Easier listings
Buyer’s market (e.g. "Buy until 100 k veVELO, from $ 0 . 06 /veVELO)
Emergency sales
Divide and sell option
DCA option
Create markets for new protocols.
Does your plan depend on the receipt of OP tokens? :
It doesn’t fully depend on the receipt of OP tokens, but it will facilitate a long-term relationship between Decode and Optimism/Base , and it will give us the freedom to work for it for at least a year.
What is your plan for the use of the OP token after the 1 year lock-up? :
Decode is committed to hold OP tokens for a year. After a year, we hope to cover the costs for :
Smart contract engineering 65 %
Design 15 %
Marketing 10 %
QA/Support 10 %
Please provide benchmark milestones for this project. These milestones should guide the Optimism community on the progress of your project during the 1 -year lock-up period.:
Milestone 1 : Net increase of 100 users since the approval of the OP grants
Milestone 2 : Net increase of 500 users since the approval of the OP grants
Please define critical milestones for this project. Critical milestones are meant to show good-faith efforts to accomplish the project. Non-completion of these milestones could lead to revocation of remaining grant rewards .
Milestone 1 : Total Volume : $ 1 M
Milestone 2 : Total liquidity in the market : $ 1 M
Milestone 3 : Total users : 2000
Optimism Relationship
Does your project solve a problem for the Optimism ecosystem?:
Yes. As explained above, it solves the liquidity problem for financial NFTs.
How does your proposal offer a value proposition solving the above problem?:
It does it by focusing singularly on the topic instead of trying to do everything at once. As explained above, it’s an optimized marketplace specifically for FNFTs.
Why will this solution be a source of growth for the Optimism ecosystem?:
It will be a great factor for the growth of projects like Velodrome and Aerodrome, it will enable users to be more comfortable with their locks, and boost TVL of those projects, and as those projects are the main driving force for Optimism and Base, Decode will be a source of growth for the whole OP ecosystem.
Is your project Optimism Native?:
Yes
Confirmations
I understand that I will be required to provide additional KYC information to the Optimism Foundation to receive this grant: [Yes/No]:
Yes
I understand that I will be expected to following the public grant reporting requirements outlined here: [Yes/No]:
Yes
Likes: 1
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Aug. 22, 2023, 3:51 p.m.
Content: Update Following the Successful Audit and Initiation of OP Token Distribution Dear Optimism Community, Here is the further update for the grant distribution and incentivization going on Sonne Finance: Total Value Locked (TVL): With the increased engagement we are seeing on our platform, we aim to achieve substantial growth in our TVL. Our targets are as follows: $ 40 M TVL within one month, by around July 20 , 2023 . ✓ $ 70 M TVL within three months. $ 100 M TVL within six months. Number of Wallets Staking SONNE: We aimed to stimulate increased staking of SONNE tokens in individual wallets. The milestones we were targeting are already reached: 2 , 000 wallets staking SONNE within one month. ✓ 4 , 000 wallets staking SONNE within three months.✓ 8 , 000 wallets staking SONNE within six months. Total Borrowing Activity: Our objective is to maintain Sonne Finance as the top protocol for total borrowing activity on the Optimism network. We’ve set the following targets for ourselves: $ 100 M total borrows within one month, by around July 20 , 2023 . $ 130 M total borrows within three months. $ 160 M total borrows within six months. Liquidity of SONNE on Velodrome: In our effort to reduce slippage, we aim to enhance the liquidity of SONNE on Velodrome. Our aims are: $ 1 . 2 M within one month by around July 20 , 2023 ✓ $ 1 . 5 M within three months ✓ $ 1 . 8 M within six months. We’d again like to take this opportunity to thank the Optimism community for the ongoing support. As the first and only native liquidity market on Optimism, we are committed to contributing to the network’s success and we are excited to share our journey with you.
Likes: 2
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: June 26, 2023, 6:27 p.m.
Content: Update Following the Successful Audit and Initiation of OP Token Distribution Dear Optimism Community, We are delighted to announce that following the successful audit of our smart contracts, we initiated the distribution of the OP tokens just six days ago, in line with our proposal approved by the Optimism governance in March 2023 . The audit has confirmed the safety and security of our contracts, which gives us additional confidence in the robustness of our protocol. We didn’t want to start the distribution of OP without seeing the result of the audit. Now, as we embark on this journey, we want to keep you updated on the milestones we are targeting for Sonne Finance over the next six months. Total Value Locked (TVL): With the increased engagement we are seeing on our platform, we aim to achieve substantial growth in our TVL. Our targets are as follows: $ 40 M TVL within one month, by around July 20 , 2023 . $ 70 M TVL within three months. $ 100 M TVL within six months. Number of Wallets Staking SONNE: We aimed to stimulate increased staking of SONNE tokens in individual wallets. The milestones we were targeting are already reached: 2 , 000 wallets staking SONNE within one month. ✓ 4 , 000 wallets staking SONNE within three months.✓ 8 , 000 wallets staking SONNE within six months. Total Borrowing Activity: Our objective is to maintain Sonne Finance as the top protocol for total borrowing activity on the Optimism network. We’ve set the following targets for ourselves: $ 100 M total borrows within one month, by around July 20 , 2023 . $ 130 M total borrows within three months. $ 160 M total borrows within six months. Liquidity of SONNE on Velodrome: In our effort to reduce slippage, we aim to enhance the liquidity of SONNE on Velodrome. Our aims are: $ 1 . 2 M within one month by around July 20 , 2023 . $ 1 . 5 M within three months. $ 1 . 8 M within six months. We’d like to take this opportunity to thank the Optimism community for the ongoing support. As the first and only native liquidity market on Optimism, we are committed to contributing to the network’s success and we are excited to share our journey with you. Your feedback and participation are greatly appreciated.
Likes: 3
Replies: 1
Replies:
- SonneFinance: Update Following the Successful Audit and Initiation of OP Token Distribution
Dear Optimism Community,
Here is the further update for the grant distribution and incentivization going on Sonne Finance:
Total Value Locked (TVL): With the increased engagement we are seeing on our platform, we aim to achieve substantial growth in our TVL. Our targets are as follows:
$40M TVL within one month, by around July 20, 2023. ✓
$70M TVL within three months.
$100M TVL within six months.
Number of Wallets Staking SONNE: We aimed to stimulate increased staking of SONNE tokens in individual wallets. The milestones we were targeting are already reached:
2,000 wallets staking SONNE within one month. ✓
4,000 wallets staking SONNE within three months.✓
8,000 wallets staking SONNE within six months.
Total Borrowing Activity: Our objective is to maintain Sonne Finance as the top protocol for total borrowing activity on the Optimism network. We’ve set the following targets for ourselves:
$100M total borrows within one month, by around July 20, 2023.
$130M total borrows within three months.
$160M total borrows within six months.
Liquidity of SONNE on Velodrome: In our effort to reduce slippage, we aim to enhance the liquidity of SONNE on Velodrome. Our aims are:
$1.2M within one month by around July 20, 2023 ✓
$1.5M within three months ✓
$1.8M within six months.
We’d again like to take this opportunity to thank the Optimism community for the ongoing support. As the first and only native liquidity market on Optimism, we are committed to contributing to the network’s success and we are excited to share our journey with you.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Feb. 27, 2023, 9:20 a.m.
Content: Hello @katie ! We updated the milestones, but not sure if that’s the correct way. Can you kindly confirm that it’s how it’s supposed to be? Or should we make further changes? Thanks in advance!
Likes: 1
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Feb. 12, 2023, 12:58 p.m.
Content: Hello again, @katie ! We got informed in our discord by our community members that the message above seems unpolite, and if it sounds that way, we are sorry for that, and wanted you to know that it was not the intention of ours ma’am. The only intention of ours to improve/fix our proposal related to your suggestions! Have a great day!
Likes: 4
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Feb. 11, 2023, 12:59 a.m.
Content: We already had the additional information part, but for ease of readability, we edited it to be bold. We edited the milestones more clearly, but we have a question about it. If we’ll get 40 % of grant upfront, and 60 % based on milestones, and thinking that our midway is 3 months and we are distributing the grant linearly, how can we reach our 3 -months milestones without having 50 % of the tokens?
Likes: 1
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Feb. 10, 2023, 10:49 p.m.
Content: Hello @katie , we can’t read/write to docs as we don’t have access to it. We were told in OP discord that we don’t need to do anything further as @lavande and Diomedes said, but this is the second time that a delegate is saying that, so we will fill the new proposal template.
Likes: 2
Replies: 0
No replies yet.
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[DRAFT(2)] [GF: Phase 1 Proposal] Sonne Finance
by SonneFinance - No Role
Posted on: Feb. 1, 2023, 12:05 a.m.
Content: Helllo @mastermojo ! @lavande said that we are all set, and we don’t need to reapply. We also asked about it in Optimism Discord Governance tab, Diomedes also confirmed that we don’t need to reapply there as well. So we tend to believe that we are all set for the grant process, but if you know more information, we would be happy to be enlightened.
Likes: 1
Replies: 0
No replies yet.