metadata: {"signature": "0xfd03493e0f399a96a2f47c50fc8bde954be4b057af4dc33bc2e6dea5d93e528f69ab762720cb6071a0c92ec7857208423c0943893e949fc041688e3353b282391c", "application": {"round": "0xf1c021df6dc6b2dc2e5a837cdfddc2f42503233b", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "iHjcpRdzeyTINLLliBLj9zjKumNottoA8I8vjjrIZuW229zZskapM9qHaZh6PbK2", "encryptedSymmetricKey": "1e717a50d3d496b58ddab641aac4354b56ff07b529d266e5d8c696e2cb4c84362449135e1df1ebbe85fa90b03dbe0e0b39813bb923141107393054dad2e003525d3c0caf8880cfa813f880de4ef0d8551ff5bbac04b25803f267612c149e7c972f493ef90ed147cfa349691f0eb19d70ed8fc8e6950fb816cf199442df1c0f2800000000000000203615b9454f470dca9e6a5a0539188bd5ef0ad54be350e03f3e2a2a4dda8dde40fa0e417f61d2fdd7f2f1bc6072bfcaa8"}}, {"type": "short-answer", "answer": "Grant", "hidden": false, "question": "Funding Sources", "questionId": 1}, {"type": "number", "answer": "8", "hidden": false, "question": "Team Size", "questionId": 2}, {"type": "paragraph", "answer": "We have always followed BitDAO and when we realized Mantle was coming we knew we had to be a part of the ecosystem.", "hidden": true, "question": "How did you hear about Mantle?", "questionId": 3}, {"type": "paragraph", "answer": "Magma Finance aims to be the premier defi hub for the L2 Mantle ecosystem, starting by serving protocols and users with deep and efficient liquidity that facilitates the best swap rates. On top of other key features that we will bring to Mantle while leveraging Mantle\u2019s unique design and unrivaled security.", "hidden": false, "question": "Tell us how your project will benefit the Mantle ecosystem?", "questionId": 4}, {"type": "paragraph", "answer": "1. https://equilibrefinance.com\n\n2. https://xexcrypto.com\n\n3. https://xexadons.com\n\n4. https://alpharush.ai/", "hidden": false, "question": "Can you point to a portfolio, profile page, or platform where we can see your past work?", "questionId": 5}, {"type": "paragraph", "answer": "No", "hidden": false, "question": "Have you received grant funding for this or another project before? If yes, did you complete the work? Tell us about the experience.", "questionId": 6}, {"type": "paragraph", "answer": "I am currently dedicated full time in the crypto space developing and advising a variety of teams. Our team has a combined of over 10 years of experience in crypto and blockchain. We have worked in a variety of projects that have brought innovation and increased scalability for the community. We look forward to be a key participant in the Mantle Ecosystem and reach new heights. We are here to build and Mantle is our home.", "hidden": false, "question": "Tell us a little about you & your experience in crypto / web 3?", "questionId": 7}, {"type": "multiple-choice", "answer": "good", "hidden": false, "question": "Public goods are ____", "questionId": 8}], "project": {"id": "1:0x03506eD3f57892C85DB20C36846e9c808aFe9ef4:890", "title": "Magma Finance", "logoImg": "bafkreif7r2apesuwn372s2pt6j5fs7ilt2q3dofjog4dqzalze4ouvp44m", "metaPtr": {"pointer": "bafkreidpbxpjgcqolkplzcte54ximwqylphf3qpccwy2gasdd22v3jre4a", "protocol": "1"}, "website": "https://magmafi.xyz", "bannerImg": "bafkreiaqf276ycr6mql5w2sql2yv4gl3rir3zepul553bgb5n7m5tbvqxa", "createdAt": 1682286230108, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..m3TwFG-5LKZBKDU-ZYQokDncobZcvTGic-BayBDKZuzJf6SDgvpaFgQh0B54f2G65ynd6zhYCZ_h07B4-yfmDg", "type": "Ed25519Signature2018", "created": "2023-04-23T21:43:36.555Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-23T21:43:36.555Z", "expirationDate": "2023-07-22T21:43:36.555Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x83B35466ff8ec3b714c17697930ec304f7FF0057", "hash": "v0.0.0:4cEnjRPFTIE5MEwJA+uxy9KoSKbglPXUyV9adiOsM28=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#magma_fi"}}}, "description": "Just as the liquid magma swirls deep within the mantle of the earth, Magma Finance will harness and channel the depths of liquidity within the Mantle layer.\n\nMagma Finance aims to be the premier defi hub for the L2 Mantle ecosystem, starting by serving protocols and users with deep and efficient liquidity that facilitates the best swap rates. \n\n\nFlagship product: a novel ve(3,3) DEX iteration\n\n \u2043 Inspired by the vote-escrow model of Solidly, veMAGMA holders will control and direct MAGMA emissions allocated to liquidity pool gauges, while receiving the trading fees and bribes for votes. This model rewards long-term supporters, and aligns stakeholders interests by incentivizing rewards to active pools that show user demand and generate fees. \n\n\u2043 Unique changes to emission rewards will offer attractive rates for LP providers while mitigating mercenary capital bleeding by implementing [redacted]\n\n\u2043 A longstanding problem with ve(3,3) tokenomics has been solved with veMAGMA by using [redacted]\n\nThe Earth's layers, showing the Inner and Outer Core, the Mantle, and Crust, highly detailed, photo realistic, ultra realistic, high resolution, vibrant colors\n", "lastUpdated": 0, "projectGithub": "magmaprotocol", "projectTwitter": "magma_fi"}, "recipient": "0xB99A581eA1a1685E6Baf3D498d1B796924AAB3BB"}}