metadata: {"signature": "0x9df7a19711425cf4438057cf3651510dfc7145fdd70c068f70c1f872412b2e05650e16b4a115e5cb2deea1efec0e8584f20b9699ac941fda7cbbf80011f67a3f1b", "application": {"round": "0xd4cc0dd193c7dc1d665ae244ce12d7fab337a008", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "/X80fYo3PkDUnXUfe3rGNVhJN2vza4/QlS/92/H8kw2uMUu04B0WTbUs15th9jYl", "encryptedSymmetricKey": "1dd2955cb5d6be1d1dbd57a6a951396998a7d8da5b6a3add18bd6d302f2c50cff898170e546866a1622fb29bccb97316f08f0cdcd9de83217e57a7362bb6cddfea21f84896b1db69a3261c98302fee4025845507b415c647f1d4422b7e002fa2f3a233bd9d7c864ed61e623612c456016ecdb3d08fb20b8f30ff257195697080000000000000002051fac2a6f0dc1e6f682c2fd4c6f2a856b9de4628abaebe8865d3225a1aa0ee368b0b6a7fc4807a3b7233e7e6f6aec785"}}, {"type": "short-answer", "answer": "N/A", "hidden": false, "question": "Telegram Handle (you can answer N/A)", "questionId": 1}, {"type": "short-answer", "answer": "https://discord.gg/mBgtQapq", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram )", "questionId": 2}, {"type": "paragraph", "answer": "**1) pioneering the iliquid staking concept** \nWith dSentra project, we're pioneering the concept of #iliquid staking. when fully developed, Ethereum stablecoins issuers will have a viable alternative to LSDs as stablecoins minting collateral (a high-quality iliquid staking derivative collateral with very low inherited risk)\n\n**2) pioneering vertical integration of ETH staking and stablecoins production** \nWith dSentra project, we're also pioneering the idea of \"protocol/community owned staking derivative\" by leveraging permissionless staking infrastructure (permissionless staking pools) to vertically integrate ETH staking and stablecoin minting. \n", "hidden": false, "question": "How is the open-source software you're creating contributing to the evolution or enhancement of the wider Ethereum and Web3 ecosystem?", "questionId": 3}, {"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\u2019t participated previously). ", "questionId": 4}, {"type": "paragraph", "answer": "Ungoverned, decentralized and uncensorable stablecoins (like RAI and LUSD) -that also check the Public Goods criteria - are less competitive/efficient compared to their less decentralized, censurable counterparts, mainly because [in order to maintain their Ethos], GMDPs only take pure ETH as collateral.  \n\nMulti collateral options have been assessed and the only viable collateral for stablecoins production in matters of Ethereum network decentralization ethos are LSDs, but the inherited risk of these assets impose heavy governance by the stablecoins producers which is not ideal as affects the public goods ethos \n\n**We will measure the impact of dSentra project by the increase in efficiency/competitiveness of the governance minimized decentralized stablecoins compared to centralized and censorable ones, once these protocols onboard protocol/community owned iliquid staking collateral**\n", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports ", "questionId": 5}, {"type": "number", "answer": "0", "hidden": false, "question": "Total Prior Funding for the project in USD", "questionId": 6}, {"type": "checkbox", "answer": ["N/A"], "hidden": false, "question": "Which of the following funding sources have you received? Check all that apply", "questionId": 7}, {"type": "number", "answer": "5", "hidden": false, "question": "Total Team Size", "questionId": 8}, {"type": "number", "answer": "9", "hidden": false, "question": "How old (in Months) is the project? (We will use twitter, domain registration, github, etc to verify)", "questionId": 9}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 10}, {"type": "paragraph", "answer": "@fabiohild, @piesrtasty, @BertKellerman, @Gigicashalot", "hidden": true, "question": "Profiles or socials of other main team members publicly associated with the project (N/A for solo founders): ", "questionId": 11}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG19-Eligibility-50843c8b3ab44ad297731a00efa6e389?pvs=4", "questionId": 12}, {"type": "paragraph", "answer": "Public goods need human coordination and **voluntary community action** in order to thrive. Stablecoins are a vital part of DeFi and Ethereum, but very few issuers draw roots from decentralized and public goods ethos upholding waters, hence broader Ethereum decentralization suffers. dSentra is a community initiative to natively integrate ETH staking rewards into stable assets in order increase the effectiveness of those stablecoins that could also check the public goods criteria of open access and basic availability", "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": 13}, {"type": "multiple-choice", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 14, "encryptedAnswer": {"ciphertext": "S+q1/iMDfzAw/LsdTXXIYAEyTc6Sfz8vv8Pu7ikowkI=", "encryptedSymmetricKey": "6d0cfc9419129a17eea311fe655fe1918746b1e8a468a83f42d0c648c8cc4ad6fd2b042328bce395e7317fdbc45dfa10949e552244ff84cdf13464b2c022bde1c9a021f1919bb7dfaac2d7be0cb06260a4d9d34cf4d3ebbc654b3ff443b1f1b143620397fe18c0413720cbfe845db3e22deb50d7a51cafabd9bae7b3e72ebea400000000000000209d2db516508784f4d223dcd73ee0ad2e8f20434d3bbb2dc1a34bf147f414fc952c4f2507633cad3c613bb72b835368a2"}}, {"type": "multiple-choice", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 15, "encryptedAnswer": {"ciphertext": "LPHMJ2yPUI+P2z9BBXU/rVqi1w2T8og/2P8YbkQPHYA=", "encryptedSymmetricKey": "c8686cbfadc2fbd92e211f5cc84c919901d09cee2c7567e53aa4eb9f4baa63aa1038bc8aaea226c5db7d4d903051eb05da81b66174e448695a728ad42e8f66e8c2c6640298673733c6bc033034c424f694ce721d10f785d367687976b37343ab7afce62d91a6075832514e9cc593db76ba51972e75cf4eb180b629ff4943b0e200000000000000205a190284592710de849b736fbacc8ce372130eec91803f18af5b7978a51d18214862220b4dfee83ca03876d3462c34ac"}}, {"type": "multiple-choice", "answer": "Somewhere in Metaverse", "hidden": false, "question": "Location/Region where the project is based.  Choose from: ", "questionId": 16}, {"type": "short-answer", "hidden": false, "question": "Gitcoin Gov Forum Handle (gov.gitcoin.co)", "questionId": 17}], "project": {"id": "424:0xDF9BF58Aa1A1B73F0e214d79C652a7dd37a6074e:228", "title": "dSentra", "logoImg": "bafkreibkkg5cv6je23wtuizvz4rzyae6etieeb7iikazhg3j5y4mvjulym", "metaPtr": {"pointer": "bafkreidgwazjoz45aexabesyx4gxpm3xyhukmxeghffvssnxaotyfdrgha", "protocol": "1"}, "website": "https://dsentra.notion.site/Vision-and-Strategy-9f6eac8bfcab4c0694a6c2ed077acfd7", "bannerImg": "bafkreidscfccqmbuwxuadph4qq3rprfui3pwj5kqdqblb5h3hktj7hp73i", "createdAt": 1698939142832, "userGithub": "gorondan", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..jlsKsz2UEX41N0CM5EkTHWvrn3CdRXBegy9B0La109ZHEbl4pvmcbAzotIXNJ3F8g5zEnBQsjgfzp2nXiYIjAw", "type": "Ed25519Signature2018", "created": "2023-11-02T18:09:20.879Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-02T18:09:20.879Z", "expirationDate": "2024-01-31T18:09:20.879Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xBeAe83D58B6e26Ac6b906c4129e0D96722f5dEAa", "hash": "v0.0.0:7zN4UZc2cO248JuBDvssyk4s+QLZfaTT99IULW5FE2w=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#dSentra-foundation#97026899"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..lhPwB3XoFXDqnnTGq3QO7kZPRmYlA0x8xEGe1I18dPxOoSUWOg6lHO507rsdagj9GSmLBgbY3u2Z5b1VP-CkDA", "type": "Ed25519Signature2018", "created": "2023-11-02T18:09:06.863Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-02T18:09:06.862Z", "expirationDate": "2024-01-31T18:09:06.862Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xBeAe83D58B6e26Ac6b906c4129e0D96722f5dEAa", "hash": "v0.0.0:VT4/bqAmqlEDkjFqAG7RQg0a9HZv4GrMui3tXpoFtXM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#foundation_rai"}}}, "description": "UVP \nVertical integration of ETH staking and stablecoin minting\n\nThe product\niliquid staking token as collateral for GEB-based stablecoins protocols\n\nThe approach\ndSentra\u2019s proposal is about having a MoneyGod community owned, native staking derivative. \n\nUngovernance\nthe product (iliquid staking collateral) offer GEB-based stablecoin issuing protocols a low tail risk collateral type that only require light governance for risk control\n\nExpected impact\ndSentra\u2019s goal is to offer GMDP protocols [governance minimized, decentralized protocols], specifically GMDPs that issue decentralized, uncensorable, stablecoins, like RAI, HAI and OpenDollar, a way to natively incorporate Ethereun staking yields into their products/ecosystems in order to be more competitive compared to less decentralized options", "lastUpdated": 0, "projectGithub": "dSentra-foundation", "projectTwitter": "foundation_rai"}, "recipient": "0xBeAe83D58B6e26Ac6b906c4129e0D96722f5dEAa"}}