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Decentralised synthetic assets

Meet the new Synthetix grantsDAO interface!

Meet the new Synthetix grantsDAO interface!

We’re excited to announce that the Synthetix grantsDAO now has a brand new interface, where anyone can get a full view of what projects the DAO is considering and/or funding. This marks a major milestone for the grantsDAO, as one of its intentions was to provide high transparency for the community about which projects were being funded to further the ecosystem.

This new interface is housed at grants.synthetix.io, and was built by the talented team over at Protofire via a grant! Its code can be viewed in the grantsDAO repository on Github.

One particularly exciting new feature of the interface is the Requests tab, which allows the grantsDAO members to publish outlines of projects they would like to fund, opening up a greater potential for alignment between community members and the DAO members.

The dApp uses a new grantsDAO subgraph using The Graph, created by the Protofire team.

How to submit a grantsDAO proposal

  • (Optional) Head to the #grants-dao channel on the Synthetix Discord, and get some feedback on your idea.
  • Fork the GrantsDAO repo on Github, and write a grant proposal using this template
  • Submit a PR
  • Notify a grantsDAO member via Discord
  • If the DAO member believes it warrants consideration, they will submit it to the smart contract, at which point it will be displayed at grants.synthetix.io.
  • DAO members can vote Yes, No or abstain from voting
  • If four members (or three if two of them are Core Contributors) vote ‘Yes,’ the proposal is approved

Thanks for reading about the new interface, go check it out and if you‘ve got any questions come join the conversation in Discord!


Garth Travers

Garth Travers

Garth is Communications Manager at Synthetix, a synthetic assets platform.