{"signature": "0x94b7f70463f6be760bc03965a03126b8510ac3512ae2b7404165397987dfc1bd6a16112136097ac575f27924c8f43ecd3d65e8f957446cb65bd9bb478465ff151c", "application": {"round": "0xa58818eaa39b77ac2b69950551d4f9335c63329f", "answers": [{"type": "short-answer", "answer": "@Koushik_ESK", "hidden": true, "question": "Telegram Handle for Contact", "questionId": 0}, {"type": "short-answer", "hidden": false, "question": "Public group chat link", "questionId": 1}, {"type": "paragraph", "answer": "Since the debut of Sei V2, Compass wallet has achieved remarkable user engagement—boasting an aggregate of **46,082 Monthly Active Users (MAUs)** across our extension and mobile platforms. This robust performance underscores our commitment to delivering seamless, high-impact user experiences.\n\n- **Compass Extension:**\n    - **28,985 MAUs** (a 54% growth post-launch)\n    - Peak Weekly Active Users (WAU): **11,230**\n    - Peak Daily Active Users (DAU): **3,360**\n- **Mobile Apps:**\n    - **17,097 MAUs** (a 37% increase post-launch)\n    - Peak Weekly Active Users (WAU): **8,328**\n    - Peak Daily Active Users (DAU): **3,116**\n\nOur all-time high of **118,091 MAUs** in February 2024 further illustrates Compass’s unparalleled ability to attract and retain a dynamic user base and serve as the go-to wallet for Sei ecosystem.", "hidden": true, "question": "What have your project's key user metrics been since launch (DAU, WAU, MAU)? Please provide verifiable data showing growth trends.", "questionId": 2}, {"type": "paragraph", "answer": "Since Sei V2’s debut in June 2024, **Compass Wallet** has emerged as a foundational project in the Sei ecosystem—facilitating over **250k** transactions and total volume of over **608 million** SEI across **74k+** unique wallets. Our user-friendly, security-focused design has positioned Compass as the network’s go-to gateway, helping both newcomers and seasoned participants interact confidently with Sei.\n\n- **Wallet to Wallet Transfers**: Wallet to wallet transfers account for over **176k** transactions—totaling **558 million** SEI—demonstrating Compass’s role as the reliable hub for day-to-day network activity.\n- **Robust Staking**: Nearly a quarter of all Compass Wallet transactions (59k transactions) involve staking, securing **48 million** SEI and bolstering network decentralization.\n- **Growing DeFi Adoption**: Our in-wallet swap feature has already seen **18k** swap transactions worth **2.5 million** SEI, reflecting a rising demand for seamless on-chain DeFi interactions in-wallet.\n\nAn average transaction size of ~**2,390** SEI underscores strong user confidence in both Compass Wallet and the broader Sei network. As Sei V2 continues to evolve, Compass remains the trusted catalyst empowering users with frictionless access, robust staking, and advanced DeFi capabilities.", "hidden": true, "question": "Share your project's total transaction volume and unique wallet interactions since the launch of Sei V2.", "questionId": 3}, {"type": "paragraph", "answer": "Since April 2023, over 400,000 new users have kicked off their Sei journey with Compass Wallet", "hidden": true, "question": "How many new users have your project brought to the Sei ecosystem? Describe your user acquisition methods and provide metrics.", "questionId": 4}, {"type": "paragraph", "answer": "Compass Wallet actively collaborates with key Sei ecosystem projects to enhance user experience and accelerate adoption. Among our **100+ partnerships**, two standout initiatives showcase our deep integration and impact:\n\n1. **Empowering NFT Adoption on Sei**\n    \n    During Sei’s NFT surge, Compass Wallet played a pivotal role in driving adoption by ensuring seamless NFT accessibility within our wallet. We enabled direct **NFT minting on mobile through our dApp browser** and provided a **dedicated NFT gallery** for easy tracking. To support the rapid influx of NFT projects, we implemented a **manual indexing process**, ensuring that every collection was visible and accessible from day one. This proactive integration helped solidify Sei as an emerging NFT hub by offering a frictionless user experience for collectors and creators alike.\n    \n2. **Seamless Memecoin Trading Experience**\n    \n    As memecoins gained traction on Sei, Compass Wallet swiftly adapted to support the trend by integrating leading projects into our wallet. We enabled **real-time visibility of memecoin balances** and ensured seamless **in-wallet trading across both our extension and mobile apps**. Through a structured **manual indexing process**, we made sure new tokens were discoverable and accessible from the start, significantly reducing friction for traders. This initiative played a key role in driving memecoin adoption and liquidity within the Sei ecosystem.\n    \n\nThese integrations reflect Compass Wallet’s commitment to **being the first-mover infrastructure for high-impact ecosystem launches**, ensuring that Sei users enjoy frictionless, real-time access to emerging trends—ultimately driving sustained adoption and engagement across the network.", "hidden": true, "question": "Detail any integrations or partnerships with other Sei ecosystem projects and their measurable impact.", "questionId": 5}, {"type": "paragraph", "answer": "Compass Wallet stands out through its Sei-native development, delivering optimal performance for both Sei EVM and CosmWasm. We introduced Sei EVM to our existing 300,000+ users on day one and simultaneously educated over 100,000 new users about Sei’s evolution into an EVM-compatible platform.\n\n**Key differentiators include:**\n\n- **Comprehensive educational resources** via our in-depth [Sei Starter Guide](https://seistartguide.addpotion.com/)\n- **Native support for 200+ Sei dApps** within our [mobile apps (iOS & Android)](https://compasswallet.io/download)\n- **Innovative Sidepanel feature** that reduces friction when interacting with dApps\n- **Close collaboration with the Sei team** to ensure launch-ready infrastructure for key initiatives\n- **Smooth, user-first experiences** designed to make Sei accessible to new crypto adopters\n\nBy building specifically for Sei rather than adapting existing solutions, we ensure users benefit from Sei’s instant finality and high-speed transactions without compromise—setting a new benchmark for native wallet experiences.", "hidden": true, "question": "What differentiates your project from similar solutions in the ecosystem? How does it enhance the user experience on Sei?", "questionId": 6}, {"type": "paragraph", "answer": "1. **Comprehensive Staking Infrastructure**\n    \n    Facilitated **59k** staking transactions with a total volume of over **48 million** SEI, strengthening network security and enhancing token utility through intuitive staking experiences that promote validator decentralization.\n    \n2. **Mobile-First Strategy**\n    \n    Expanded Sei’s addressable market by onboarding **30000+** mobile users and facilitating **160k** dApp browser transactions since June 2024. This approach has democratized access to Sei, extending its reach beyond desktop-native crypto communities and diverse geographic regions.\n    \n3. **Seamless in-wallet DeFi Integration**\n    \n    Processed **18k+** in-wallet swaps—totaling **2.5 million** SEI—through our Lifi integration, offering a frictionless entry point for new users to engage with Sei’s DeFi ecosystem. **By simplifying cross-platform interactions, we’ve lowered barriers to entry, expanded user participation within the Sei ecosystem**", "hidden": true, "question": "Highlight 1-3 key initiatives your team believes have had the most significant impact on the Sei ecosystem and that you’d like voters to consider. Include relevant metrics, links, or supporting data to provide an informed view of how your efforts have contributed to the ecosystem’s growth. ", "questionId": 7}, {"type": "checkbox", "answer": ["Yes"], "hidden": true, "question": "Please confirm that you have read and agree to comply with the ethical standards outlined in the eligibility criteria.", "questionId": 8}, {"type": "paragraph", "answer": "Compass has always been a community-centric project with a strong focus on the Sei ecosystem, which led us to adopt a fully open, community-driven roadmap. As a result of direct user feedback, we’ve introduced several key features:\n\n- **Cross-chain accessibility** supporting both Sei and EVM addresses\n- **Comprehensive asset management** featuring an integrated NFT gallery and in-wallet token search\n- **Direct fiat on-ramp** for frictionless onboarding\n- **Comprehensive dApp browser** enabling full ecosystem access on mobile devices\n- **On-chain transaction notifications** to enhance activity monitoring\n- **Responsive support channels** via Twitter and Intercom\n\nLooking ahead, we’re excited to roll out **watch-only wallet functionality** and **social login** options to further simplify onboarding.", "hidden": true, "question": "Is there anything else you'd like to share about your project that may help determine eligibility?", "questionId": 9}], "project": {"id": "0x8d2d47dc368c82def273409b6917485e7095726db7d20f4b6fe347e5618ab8ef", "title": "Compass Wallet", "logoImg": "bafkreiajamg4oy23bieugtglg3pc6epdblhq7aae254ba5432gx7r4ce2y", "metaPtr": {"pointer": "bafkreic27gi7oxoqmqckrp75jbvxxnlyi4oe2z7vy2a2i56ga5ncmraani", "protocol": "undefined"}, "website": "https://compasswallet.io/", "bannerImg": "bafkreigukijer2cjdgyeabjue26k3hiumg6xh4fmqj6fcaupi23lyalag4", "createdAt": 1740665702185, "credentials": {}, "description": "Compass Wallet is the leading wallet for the Sei network, trusted by over 300k+ users. From day one, we’ve created an experience that lets anyone navigate Sei with ease!\n \nCompass is the best choice for exploring Sei v2, as it allows you to manage both Sei & 0x (EVM) wallets from one single interface. Funds you add to your EVM address can be used with the Sei address, & vice-versa. That’s not all! With Compass, you can connect to applications built on CosmWasm & EVM. Every application built on Sei will support Compass right out of the box. While you can use other EVM wallets with Sei v2, you will not be able to realise the full potential of Sei the way you would with Compass. \n \nSupport for Sei v2 is live on the extension and mobile apps.", "lastUpdated": 0, "projectTwitter": "compass_wallet"}, "recipient": "0x61964C25F0d1262E27a03b7202dAFC402F06bAA4"}}