{"signature": "0xe6e47236294227d8117452381c74170905b81b1adaf97461063152001c8a0ec010ba117f9df4084d1d9eba86f518108c122bc449555e536291783ca9c8b15a461c", "application": {"round": "0xdd906d46876ec8a10e4cf80fb5c4992091e87e46", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "c12iC5PStEYU+DeMPSYHbOU/YrfHSQwgpWeNp7DU6/s0MaFJNcpUHWLxUqbZFNCb", "encryptedSymmetricKey": "b05853dba0eacb1c89558f3b5d40f414a608a617e128359396942152970b4976757fab5e87976c23edcd50f92166850ddb3d4662bc9aec18e18faa7c981fab31f1e370abd0d47d5306b09e526402c14e12c3b4da7cf4055c474efc7d79d20285c68cefd74dfebc4aa5c4d1fcb8d7a1da9c910409e4de9b31c631b5917a80df650000000000000020ea58fc7e8d79b830e76fe1d96634e7283d5dff212a0e17075cc25b643c3ca066080c3de5e36453d24c763588d805a485"}}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Please confirm the Payment Wallet you have provided is on Polygon PoS and can accept MATIC", "questionId": 1}, {"type": "paragraph", "answer": "Historically, sophisticated strategies have only been accessible to sophisticated investors. With the rise of cryptocurrencies and decentralised finance, more sophisticated trading and investments are also available for everyday consumers. Enzyme Finance is the largest on-chain asset management protocol with over 3,000 different vaults running strategies across DeFi. Consumers don’t need to understand anything about blockchain technologies or complexities of DeFi as they are able to choose from professionally managed vaults.\n\nWith the social discovery of Farcaster Frames, and having the public commentary below them, we believe we can get more users interested in the concept of a ‘Frame Invest’.", "hidden": true, "question": "Explain your project's consumer-centric approach and how it innovatively uses Farcaster Frames to enhance user experience", "questionId": 2}, {"type": "paragraph", "answer": "So far we haven’t seen much in the way of DeFi Frames on Farcaster - besides fan token tipping. We have an opportunity to bring a new kind of experience to Farcaster Frames - one of vault discovery and allocation.\n\nIntegrated with Farcaster, these vaults can now advertise themselves: report about cryptocurrency market developments (price goes up, price goes down), tell why they take some decisions (buy/sell now because of X) and report how they do against a benchmark (are we beating BTC/ETH buy and hold or not).\n\nConsumers can then follow these vaults, and then deposit money directly for the self-custodial management of their assets.", "hidden": true, "question": "Describe how your project uses Farcaster Frames in a novel or unique way to solve a consumer problem or create new opportunities.", "questionId": 3}, {"type": "paragraph", "answer": "Enzyme Finance has 1,531 vaults deployed on Polygon PoS with almost 2 million in AUT (assets under technology).\nhttps://app.enzyme.finance/discover?network=polygon\n\nProjects like Trading Strategy have recently started deploying interesting strategies which are performing well and showing growth in the last few weeks.", "hidden": true, "question": "Describe how your project functions independently on Polygon PoS", "questionId": 4}, {"type": "multiple-choice", "answer": "AI/blockchain intersections", "hidden": true, "question": "Select from the provided categories or specify other if none of these are applicable", "questionId": 5}, {"type": "paragraph", "answer": "Enzyme Finance has been building on Polygon for the last three years and building in DeFi since 2016. They were one of the first development teams in DeFi and currently have a team of 26. Enzyme has been on main-net since Feb 2019 without any major security incidents. The team work closely with Chain Security as an auditor and the protocol has been trusted by users such as Nexus Mutual, Diva Staking, Swell, Stader, Sygnum bank and others.\n\n\nThe ezframes.xyz team has proven themselves very capable in not just building frames - but also frames tooling ie: built a ‘no-code’ frames builder. Included with this builder are specific templates for ecommerce and gitcoin grants projects. Winners of ‘on-chain summer buildathon’ for both BASE and EAS - the team has proven themselves highly capable at creating innovative tooling and useful templates for frames.\n", "hidden": true, "question": "Describe your team's relevant expertise in developing in Web3 and (if applicable) with Farcaster Frames.", "questionId": 6}, {"type": "paragraph", "answer": "https://docs.google.com/spreadsheets/d/1Ym9TJ_TH2VNX4S51DADCF9nllNPqM2kM5yGoYDYyWZ0/edit?gid=0#gid=0 ", "hidden": true, "question": "Please provide key milestones with budget for integrating Farcaster Frames and developing your application. You can link to a spreadsheet outlining this information.", "questionId": 7}, {"type": "paragraph", "answer": "Users can directly participate in the vaults through a deposit button.  \nUpon completion of a deposit transaction users should be encouraged/prompted to recast.\nExcited about exploring ‘composer actions’ to drive vault discoverability.\nIe: a user casts ‘/frame-invest -> bot responds with top performing vaults + stats + deposit frames.\nWith leveraging the users’ Farcaster followers and social graph there may be interesting additional ‘SocialFi’ features to explore and develop such as ‘notifications when users deposit to vault’ / revenue or fee sharing for deposits, eventual ‘fund-of-funds/vaults’ structure etc. \n\nMost transaction frames on farcaster now are for either social commerce or NFT minting or fan token tipping - there aren’t many DeFi or trading related frames yet - so we’re hoping to be one of the first. \n", "hidden": true, "question": "What is your plan for driving user adoption of your application", "questionId": 8}, {"type": "paragraph", "answer": "Aim to grow TVL by 10% in the first 60 days and ideally 10% a month after that. \nThe growth will come from leveraging social media networks, demos and AMAs leveraging the Enzyme, Farcaster & Polygon ecosystem.\n", "hidden": true, "question": "Describe how your project will increase DAA and transaction volume on Polygon PoS.  Provide estimates on the expected volumes over the next 60 days.", "questionId": 9}, {"type": "paragraph", "answer": "Enzyme’s total AUT accorss all chains  is over 150m USD of which 2m is on  on Polygon PoS. We would like to grow the Pology AUT.\n1,531 live deployed enzyme vaults are on Polygon PoS\nEnzyme Finance is integrated into major DeFi protocols on Polygon: QuickSwap, Uniswap, Aave, Balancer, Convex, Compound, Curve, Kiln, Lido, Liquity, Maple, Morpho, Pendle, Swell, Graph staking, Yearn Finance, GMX & more.\nMajor partnerships have included landing DAO treasury mandates, building structured products in LRTs and (technically) enabling passive and actively managed vaults to be built and grow on top of Enzyme.", "hidden": true, "question": "If applicable, describe any existing user base, partnerships, or traction your project has achieved. Include metrics if available.", "questionId": 10}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Do you understand and agree to complete Gitcoin's KYC process before processing payments?  All grantees receiving more than $15K will be required to complete KYC/KYB.", "questionId": 11}], "project": {"id": "0xeb3655091610dbd3d3843a105ff0a4180355921fb078c0b7a855a8968375494f", "title": "Frame Invest", "metaPtr": {"pointer": "bafkreifyzdr44aavlybqm2755m7qegtb3wv46hso3iybjl7nkcpvdyg3va", "protocol": "undefined"}, "website": "https://enzyme.finance", "createdAt": 1726814697656, "userGithub": "perhamgirl", "credentials": {}, "description": "Enzyme is a protocol for builders of on-chain asset management strategies. It is designed to streamline project outcomes and facilitate easy access to digital assets and DeFi through a unified app, offering front-to-back execution and order management systems that automate reporting, risk management, administration, governance, and operations.\n", "lastUpdated": 0, "projectGithub": "enzymefinance", "projectTwitter": "enzymefinance"}, "recipient": "0x85118a829ec34700E5De889d8CC914D930475729"}}