metadata: {"signature": "0xe54e559f2a242a90973e4d292895d362a9a2883fb444d49edd5d9aa991ce5b78340552d871675cfef5605ad5abc227b872c9a8e381bfa2907e1f4dfeb11f12331c", "application": {"round": "0x8b8715aed41db6f849048413bb9dcaa061e7e3c3", "answers": [{"type": "email", "answer": "contact@sigmatic.io", "hidden": true, "question": "Email Address", "questionId": 0}, {"type": "paragraph", "answer": "We\u2019ve made it possible to log in to our DApp using your Universal Profile to bridge your LYX to wLYX.\n\nwLYX is an ERC20 token on the Ethereum Mainnet, so it cannot be an LSP standard.", "hidden": false, "question": "How does your project leverage LUKSO's smart contract standards (LSPs) and Universal Profiles (UPs)?  If your project is non-technical, please describe if and how you aim to foster the adoption of LUKSO\u2019s technology stack in the broader Web3 space. Please provide specific examples.", "questionId": 1}, {"type": "paragraph", "answer": "Our bridge began as a hackathon project, and this is the demo we created for it:\nhttps://www.youtube.com/watch?v=sRXayl14Ox0\n\nThe concept remains the same, though we\u2019ve made it faster, more efficient, and redesigned it since then.\n\nAt its peak, we had around $300K\u2013$400K in liquidity and $200K\u2013$350K in daily volume for a few weeks. We hope to surpass these levels once the market picks up again.", "hidden": false, "question": "If you're working on a technical project, please describe your working MVP demonstrating the integration of Universal Profiles and using LSPs. If you're a non-technical project, please describe your three-month track record of active participation in the LUKSO community.", "questionId": 2}, {"type": "paragraph", "answer": "When we launched our bridge, SigmaSwap was one of the few options available for users in the United States to buy LYX by trading wLYX on Ethereum and bridging it to the LUKSO network.\n\nOur bridge also offers a cost-effective way to transfer value from Ethereum to the LUKSO ecosystem, as our gas fees are lower than other methods for migrating to the LUKSO Mainnet.", "hidden": false, "question": "How does your project create value for the LUKSO community and users, and how does it demonstrate a commitment to long-term impact and growth within the LUKSO ecosystem? Please provide specific examples.", "questionId": 3}, {"type": "paragraph", "answer": "The SigmaSwap team has been actively engaged in the community and has made significant efforts to encourage the burning/migration of LYXe, helping to reduce its supply.\n\nWe also developed our project as a solution to make it easier for users to buy LYX and switch between the LUKSO and Ethereum ecosystems.\n\n\n\n\n", "hidden": false, "question": "Describe your project's approach to community engagement and self-marketing. How do you plan to participate in community events, create educational content, and engage with the LUKSO community on social media platforms?", "questionId": 4}, {"type": "paragraph", "answer": "We will continue to improve our bridge and explore additional features requested by the community as soon as we have the resources to develop them.", "hidden": false, "question": "What strategies will you employ to drive user adoption? Please provide specific examples.", "questionId": 5}, {"type": "paragraph", "answer": "With the current user base and volume on the LUKSO Mainnet, it\u2019s not possible for us to fund our development.\n\nWe aim to use the funds from this grant round to cover our infrastructure and hosting costs to keep the project running.\n\nThe fees we earn from our bridge will be used to support future development.", "hidden": false, "question": "Provide a roadmap of your project, including key milestones and deliverables. How are you planning to use the funds from this round to achieve these milestones?", "questionId": 6}, {"type": "paragraph", "answer": "SigmaSwap is a collaboration between the Sigmatic and M8B teams.\n\nThe M8B team are true veterans in blockchain development, while the Sigmatic team is well-known within the LUKSO community.\n\nThis collaboration was formed to deliver essential solutions for the LUKSO Blockchain.\n", "hidden": false, "question": "How does your team's expertise contribute to the successful execution of the project? Please provide relevant background information.", "questionId": 7}, {"type": "paragraph", "answer": "This is an ongoing project, we are live for about 9 months at https://sigmaswap.io", "hidden": false, "question": "Is this a new project or an ongoing initiative? If ongoing, please provide details of your project's contributions to the LUKSO ecosystem.", "questionId": 8}], "project": {"id": "0xec0f76a5c7d1f4bb4a8bafe8ec6c07808e25b07ad500f585b916b5305cb7bbf4", "title": "SigmaSwap Bridge", "logoImg": "bafkreifnmz5gudbvhbqg3gnmizmdssagwwt44dusxi52wxuaoqtbhnbs4u", "metaPtr": {"pointer": "bafkreihwgv66lxzvvlakoxtkyjjahkvqv4ib2ap2gjtfiopmtmwujzrcdm", "protocol": "undefined"}, "website": "https://sigmaswap.io", "bannerImg": "bafkreiagg7jcyxcttuz5i4tloetlnlzm7p7lep5dooxtahate2opxvqbdy", "createdAt": 1725792060591, "userGithub": "Sigmaswap-io", "credentials": {}, "description": "SigmaSwap is bridging the LUKSO and Ethereum networks.\n\nYou can buy wLYX on the Ethereum network and bridge it to LYX on the LUKSO Blockchain.", "lastUpdated": 0, "projectTwitter": "Sigmaswap_io"}, "recipient": "0xC57FC46Bd0eEA80f9a81b2E0F2d4d9A956129378"}}