{"signature": "0xe5ab7d50cee5573bfcf60122535fa1fa75c8e6fc63764da97b8034a8305caeec6dcc951d253fe7e36dc4632775fabd4d4c7bc38c00f1d7ced6bf0f13a15b88f61c", "application": {"round": "0xda3b55a9bcf58bb2d9f673836beab3ae47ca9184", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "mqDeJhTYlKj/suqfMFwx6wJsXW2dIZhd9K50T3S+hePCOnwBENsdmdS6iRK8IYP/", "encryptedSymmetricKey": "0ce10c09443fa4cf1d0a4c5187cc25076196d3bc9e071b06e6cdb2f0eaab8ef19748d66bdecc0a174a7cca8eaf862e12eb298a51f6543f839cc4b9310dc4cb465c290d4c47fba994634fcd1f8e955f9245a1fede830699440cbebdcf94fbd6b394387cc57825a886db0b465f8b7ee459e5b2d6e3feebca7dd0e06c928a050c4e000000000000002059446a45b0fdce336d5aa00d888c0b392a6f8b0dccec371f1ef5be6bc3eaee5f506c8e4654c4e04743b3b34ddad0d4b1"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle We Can Use To Contact You(you can answer N/A)", "questionId": 1, "encryptedAnswer": {"ciphertext": "bzrtTEVTGqwCqjWhNsCeiZp96Bl1Iq/mMqe2Bk5qV9Y=", "encryptedSymmetricKey": "ba2b7bc913fe1c51e476b71c8f1db25b9d8c1ab97c8ee70c2c3943b3624018c51077a0c3ec8f25ed1429cf8971de500179a600af1db560dc26dfc9ac99fe2073fe893c9d7a71d805e867cd01cb94ec93b8da4ec90a788b1a3704e558d00d5883520782c240ee42f07c9a0c7dac29b05a81368cd066823c39b1afd725dc44097a0000000000000020c32d1cd22437ed9a7a50b3cac03f222a32e98704030f26653ffad44ebee074886f6ae784286934302d4897ffd755a6ac"}}, {"type": "link", "answer": "https://github.com/cryptotwilight/gilt", "hidden": false, "question": "Project GitHub Repo (Not Team Page): ", "questionId": 2}, {"type": "number", "answer": "1", "hidden": false, "question": "Total Team Size", "questionId": 3}, {"type": "paragraph", "answer": "cryptotwilight - 0x087fb0335b14062bbd88Bbb9B11893a96f1E333A", "hidden": false, "question": "List the Github Handles and Wallet Addresses of Each Team Member (e.g. owocki - 0x123, kbw  - 0x456):", "questionId": 4}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "Social profiles (Twitter, Farcaster, Lens, etc.) of other main team members publicly associated with the project (N/A for solo founders): ", "questionId": 5}, {"type": "link", "answer": "https://discord.gg/YCsCDphsUR", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 6}, {"type": "paragraph", "answer": "N/A", "hidden": false, "question": "If you've participated in past grant rounds, please share any new updates or milestones from the prior months (N/A if you haven’t participated previously). ", "questionId": 7}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 8}, {"type": "paragraph", "answer": "https://app.buidlbox.io/projects/gilt\nThe various win categories for this project ", "hidden": false, "question": "Where should we look to see the impact of your project? Please provide links to public websites and/or the latest values for key metrics you track privately. This might be used in future impact reports", "questionId": 9}, {"type": "paragraph", "answer": "2688 USD - Web3 ATL Hackathon win", "hidden": false, "question": "Total Prior Funding for the project in USD", "questionId": 10}, {"type": "checkbox", "answer": ["Grants"], "hidden": false, "question": "Which of the following funding sources do you have? Check all that apply", "questionId": 11}, {"type": "number", "answer": "5", "hidden": false, "question": "How old (in Months) is the project?  ", "questionId": 12}, {"type": "multiple-choice", "answer": "Europe", "hidden": false, "question": "Location/Region where the project is based ", "questionId": 13}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? ", "questionId": 14}, {"type": "short-answer", "answer": "No", "hidden": true, "question": "Are you applying for any other OSS rounds in GG20? (Reminder: you can only be accepted into one) ", "questionId": 15}, {"type": "paragraph", "answer": "Yes, this project enables greater financial, economic and commercial flexibility within the protocol ecosystem whilst raising the security bar and improving cross chain scalability and liquidity.  ", "hidden": false, "question": "How does your project significantly contribute to the Ethereum network’s infrastructure, addressing foundational needs and innovative solutions to current challenges?", "questionId": 16}, {"type": "paragraph", "answer": "This project improves cross chain interoperability by enabling utility for tokens that don't have equivalent's on remote chains. e.g. with a gilt you can bridge USDX to the Tron network from Arbitrum and then collateralize your gilt to borrow local tokens for any arbitrary amount in seconds. Today if you transfered several million across the bridge in USDX you would have to wait a while for the security to keep your transferring funds safe. ", "hidden": false, "question": "How does your project promise to elevate the Ethereum ecosystem, particularly in enhancing privacy, interoperability, and/or user experience?", "questionId": 17}, {"type": "paragraph", "answer": "", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that may help in determining project eligibility?", "questionId": 18}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 19}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 20}], "project": {"id": "0x12fdf3ca5614e8e98fe2a8d776562db93ba963ffce5dab71fa13e36b12c01805", "title": "GILTS", "logoImg": "bafkreidh7kde6ebl74aau4rjb5pinm6qaszjzbv5wrhfqahz6ebuj6rqwy", "metaPtr": {"pointer": "bafkreibgz2glirkeym3o5turtvvocyh72r2ntuaxqxj6iougrs4y63o5v4", "protocol": "undefined"}, "website": "https://app.buidlbox.io/projects/gilt", "bannerImg": "bafkreihyerjv7am5jxh5snh6fxzdbacrx3fvxbzh5e7zndukhhv6c7asae", "createdAt": 1712088657305, "userGithub": "cryptotwilight", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..vPNywnyG-0ZpmpZy7IezDZnnmq-Fi0vvsyeNPrDJQogA0fsABdTq9VczPiAbDj5quUbAJFTvAX7Q0_mxG8cFAg", "type": "Ed25519Signature2018", "created": "2024-04-02T20:10:41.581Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-02T20:10:41.580Z", "expirationDate": "2024-07-01T20:10:41.580Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x087fb0335b14062bbd88Bbb9B11893a96f1E333A", "hash": "v0.0.0:Mqq0wGAq6GaLU1VaANLxIS8b+n2f1GaDl98u8vb6yFE=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#Block-Star-Logic#42658482"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..FFf1o0Ihq9LPW1hjJaV-AIxlLQuQPWJErgsGhK_6IgzXk8WdFZ9Mg9dRW5H03vYjsT-ueSo6gCsYOJEW03VaBg", "type": "Ed25519Signature2018", "created": "2024-04-02T20:10:11.393Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-02T20:10:11.393Z", "expirationDate": "2024-07-01T20:10:11.393Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x087fb0335b14062bbd88Bbb9B11893a96f1E333A", "hash": "v0.0.0:RAFc47wc3L+bq90JEq4bHMmM9OiAoh/LcUeJQeaTr1s=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#TonyUshe"}}}, "description": "The Gilt Protocol is has been built to enable the creation and transfer of Gilts.\n\nGilts are bonds are a type of bond that separate promissory note and collateral functions of cryptocurrency. Fundamentally the holder / bearer of the gilt is entitled to the settlement funds associated with the Gilt on liquidation.\n\nThe Gilt protocol uses the ERC721 mechanism to manage ownership of the asset. The Gilt protocol is Cross Chain enabled hence users can transfer their Gilts to other chains to work with remote DeFi protocols.\n\nThe Gilt protocol homed on Arbitrum (Goerli), and leverages Chainlink CCIP for cross chain transfers.\n\nWhy Gilt Protocol\n\nToday cross chain DeFi is extremely risky particularly with respect to security exemplified by Multichain hack (July 2023). For small holders and more compensation in such an event is a dream. Added to that post hack actions like carpet black listing addresses that have touched stolen funds has unintended community consequences.\n\nFurther more cross chain liquidity is an issue because not all tokens/protocols are supported/implemented on all chains. Hence whilst you maybe able to bridge your token there is no guarantee that the remote chain's protocols will widely accept your bridged asset. The above issues greatly limit the profit opportunities for DeFi participants.\n\nThe Gilt Protocol Solution\n\nThe Gilt Protocol provides a way of minimising the risks of Cross Chain DeFi. Users are able to interact with DeFi protocols through the use of Gilts. As a promissory note there is no raw token capital exposed to a DeFi protocol. Thus in the event of an exploit new security mechanisms targeting the affected gilt such community sanctioned transfer blocks can be deployed.\n\nFrom a profit perspective Gilts enable the user to create autonomous treasury vehicles e.g. by leveraging Aave interest yielding aTokens. With a gilt the user can minimise their transfer and exchange costs as they can liquidate their Aave holding without cashing out of the Aave protocol as would be the required today.\n\nFurther when engaging in cross chain DeFi, the Gilt holder does not have to worry about liquidity of their home chain holdings as their Gilt can be collateralised directly for highly liquid local chain tokens", "lastUpdated": 0, "projectGithub": "Block-Star-Logic", "projectTwitter": "TonyUshe"}, "recipient": "0x087fb0335b14062bbd88Bbb9B11893a96f1E333A"}}