metadata: {"signature": "0xeffa90dd2b8c5d0787672d56f269f12efb1b1e8b569997643b9042bf7e8fd7ee2dc9ee50c6891a7df967c12b418ec2c9b4fdd5b07e8c2a62363507b68f7c897c1b", "application": {"round": "0xdd906d46876ec8a10e4cf80fb5c4992091e87e46", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "WFH9GK7N0kt+0fHOwsNxr1OriZzVZ/mMYIWkKDO6gPLpJFptjjxy0bMU/cCCQqWGApW5PanmjL4clHM7CyDpCQ==", "encryptedSymmetricKey": "e85e7522896039081733f3ac8b15c5c34bbb3a86749817b7538f090bedfc1c0b4bcd2042e2a29126109ab89f86185d0bc8191acd1194523d52049dc66af23d50960ea8bef8fa4ec0e1091c6e1bf4844ec9f26ebbc64d58ae72d6dc51f67de692ed576e23747bdf8a002999a5a4b360a4924f25a6f1534aaba9231c200c812b3100000000000000208bef71dd9b178ccac79ac07222dc40b86af76acc04c8f32bbb1c1a2a29579a710031f86661215719bcba082cf637eaae"}}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Please confirm the Payment Wallet you have provided is on Polygon PoS and can accept MATIC", "questionId": 1}, {"type": "paragraph", "answer": "DoggyFi aims to revolutionize social finance by leveraging Farcaster Frames to enable seamless cross-chain interactions, including minting, swapping, and tokenization. Our project will create a user-friendly interface that allows Farcaster users to engage with DeFi protocols across multiple blockchains without leaving their social media experience.\n", "hidden": true, "question": "Explain your project's consumer-centric approach and how it innovatively uses Farcaster Frames to enhance user experience", "questionId": 2}, {"type": "paragraph", "answer": "DoggyFi will bridge the gap between social media and DeFi, making complex financial operations accessible to a broader audience. By leveraging Farcaster Frames, we're creating a seamless, user-friendly experience native to Web3 Social such that communities can interact with assets from other chains, starting with Dogechain via their frame. While there is a monetization aspect of allowing for swaps, the real value add is the cross pollination of communities in an easy and intuitive way. \n\na stack dedicated for social fi and memes. ", "hidden": true, "question": "Describe how your project uses Farcaster Frames in a novel or unique way to solve a consumer problem or create new opportunities.", "questionId": 3}, {"type": "paragraph", "answer": "DoggyFi is designed as a cross-chain platform that leverages Farcaster Frames to enable seamless interactions across multiple blockchains, including Polygon PoS. While Polygon PoS is a key part of our infrastructure, DoggyFi does not function independently on Polygon PoS alone. Instead, it utilizes Polygon PoS as one of several supported chains to provide the following functionalities:\n1. Cross-Chain Minting: Users can mint tokens on Polygon PoS directly through Farcaster Frames.\n2. Decentralized Swaps: The platform includes a multi-chain AMM integrated into Frames, allowing users to swap tokens across different blockchains, including Polygon PoS.\n3. Asset Tokenization: Users can create and manage tokenized real-world assets on Polygon PoS through an intuitive Frame interface.\n4. Social Liquidity Pools: Community-driven liquidity pools that users can join and manage directly through Farcaster, with some of these pools potentially existing on Polygon PoS.\n5. Frame-Native Wallet: A non-custodial wallet solution operating within Farcaster Frames, capable of interacting with assets on Polygon PoS.\n\nOur project leverages Polygon PoS for its high throughput and low transaction costs, but it's designed to work across multiple chains to provide a comprehensive, interoperable DeFi experience. The goal is to create a seamless user experience where interactions with Polygon PoS and other supported chains happen behind the scenes, allowing users to engage with DeFi protocols without leaving their social media experience on Farcaster.", "hidden": true, "question": "Describe how your project functions independently on Polygon PoS", "questionId": 4}, {"type": "multiple-choice", "answer": "Memecoins / distributed communities", "hidden": true, "question": "Select from the provided categories or specify other if none of these are applicable", "questionId": 5}, {"type": "paragraph", "answer": "Lead Developer: Mac\nExtensive experience with Solidity and EVM-compatible chain\nBackground in developing secure and efficient smart contracts\nProficient in implementing cross-chain functionality\n\nUX Designer: Kiril\nSpecialist in Web3 user interfaces\nPortfolio of successful crypto projects\nFocus on creating intuitive and engaging user experiences\n\nCTO: Rashad\n5+ years in blockchain developments\nExpertise in smart contract development and cross-chain protocols\nPrevious experience building DeFi applications\n\nCEO: Ash\n5 years of crypto DeFi experience in ETH + ADA + DOT\nPrevious experience building DeFi applications\nExpertise in user acquisition, community building, and strategy\n", "hidden": true, "question": "Describe your team's relevant expertise in developing in Web3 and (if applicable) with Farcaster Frames.", "questionId": 6}, {"type": "paragraph", "answer": "Budget Allocation: Total requested: 500,000 MATIC\n\nDevelopment: 60% (300,000 MATIC)**\nSmart contract development\nFrame interface creation\nCross-chain integration\nWallet development\n\nSecurity Audits: 20% (100,000 MATIC)\nComprehensive smart contract audits\n Penetration testing\nBug bounty program\n\nMarketing and User Acquisition: 15% (75,000 MATIC)\nCommunity building initiatives\nInfluencer partnerships\nEducational content creation\nLaunch events and promotions\n\nOperational Expenses: 5% (25,000 MATIC)\nInfrastructure and hosting costs\nLegal and compliance\nTeam coordination and tools\n", "hidden": true, "question": "Please provide key milestones with budget for integrating Farcaster Frames and developing your application. You can link to a spreadsheet outlining this information.", "questionId": 7}, {"type": "paragraph", "answer": "DoggyFi has a multipronged approach to driving user adoption, leveraging the unique advantages of our integration with Farcaster Frames and our innovative features. Our plan includes:\n\n1. Seamless User Experience: By integrating DeFi functionality directly into Farcaster Frames, we're creating a frictionless experience that allows users to engage with complex financial operations without leaving their social media environment. This low barrier to entry will encourage adoption among Farcaster users who may be new to DeFi.\n2. Community-Driven Features: Our social liquidity pools and community challenges are designed to encourage viral growth and user engagement. These features will create a network effect, incentivizing users to invite friends and participate in shared financial activities.\n3. Educational Content: We encourage ourusers to create educational content about our platform and DeFi in general. This will help onboard new users and build trust in our ecosystem.\n4. Influencer Partnerships: We'll collaborate with crypto influencers and Farcaster power users to showcase our platform and reach a wider audience.\n5. Launch Events and Promotions: We've allocated budget for launch events and promotional activities to create buzz and attract early adopters.\n6. Cross-Chain Functionality: By supporting multiple blockchains, we'll appeal to a diverse user base and leverage existing communities across different ecosystems.\n7. Innovative Features: Our unique offerings like Frame-native wallets and cross-chain minting will attract users looking for cutting-edge DeFi experiences.\n8. User Acquisition Budget: We've allocated 15% of our budget (75,000 MATIC) specifically for marketing and user acquisition efforts.\n9. Community Building: We'll focus on building a strong, engaged community around DoggyFi, fostering user loyalty and organic growth.\n10. Leveraging Farcaster's Network: By integrating deeply with Farcaster, we'll tap into its existing user base and benefit from the platform's growth.\n\nBy combining these strategies, we aim to create a strong initial user base and sustain growth over time, making DoggyFi a leading platform in the social DeFi space.", "hidden": true, "question": "What is your plan for driving user adoption of your application", "questionId": 8}, {"type": "paragraph", "answer": "DoggyFi is designed to significantly increase both DAA and transaction volume on Polygon PoS through its innovative integration with Farcaster Frames and cross-chain functionality. Here's how we plan to drive these metrics:\n\n1. Seamless User Onboarding: By leveraging Farcaster Frames, we're lowering the barrier to entry for new users to interact with Polygon PoS. This frictionless experience will lead to an increase in new addresses created on the network.\n2. Cross-Chain Minting: Our feature allowing users to mint tokens directly on Polygon PoS through Farcaster Frames will drive new address creation and increase transaction volume.\n3. Decentralized Swaps: The multi-chain AMM integrated into Frames will facilitate frequent cross-chain swaps, many of which will occur on or pass through Polygon PoS, increasing transaction volume.\n4. Social Liquidity Pools: Community-driven liquidity pools will encourage regular interactions, boosting both DAA and transaction volume as users manage their positions.\n5. Frame-Native Wallet: Our non-custodial wallet solution will make it easier for users to interact with Polygon PoS, potentially increasing the frequency of transactions.\n\nEstimated volumes over the next 60 days: Given our project timeline of 2 months from funding to public launch, we can provide estimates for the first 60 days post-launch: Month 1 (Days 1-30):\n\nDAA increase: 500 - 1,000 new daily active addresses\nTransaction volume: 5,000 - 10,000 daily transactions\n\nMonth 2 (Days 31-60):\nDAA increase: 3,000 - 5,000 new daily active addresses\nTransaction volume: 15,000 - 30,000 daily transactions\n\nThese estimates are based on:\n\n1. Our marketing and user acquisition budget of 75,000 MATIC\n2. The viral nature of Farcaster and the potential for rapid adoption\n3. The engagement driven by our social features and community challenges\n4. The ease of use provided by our Frame-native interface\n\nIt's important to note that these are estimates, and actual numbers can vary depending on the success of our launch and the rate of adoption within the Farcaster community. As we gather more data post-launch, we'll be able to provide more accurate projections for future growth.", "hidden": true, "question": "Describe how your project will increase DAA and transaction volume on Polygon PoS.  Provide estimates on the expected volumes over the next 60 days.", "questionId": 9}, {"type": "paragraph", "answer": "DoggyFi has achieved several significant milestones that demonstrate our project's traction and innovation in the Dogecoin ecosystem:\n1. First-ever Dogecoin/Ordinals Snap for MetaMask: We have successfully developed and shipped the first Snap for MetaMask that enables interaction with Dogecoin and Dogecoin Ordinals. This innovation allows MetaMask users to seamlessly engage with Dogecoin-based assets and applications directly from their familiar wallet interface.\n2. First AMM on Dogecoin L1: We have launched the first-ever Automated Market Maker (AMM) on the Dogecoin Layer 1 blockchain. This groundbreaking development brings DeFi functionality directly to the Dogecoin network, potentially opening up new use cases and attracting more users to the ecosystem.\n3. Currently we execute around a 1000 trades a day with a user base of around 500, and are in the process of shipping our V2, which would allow for more functionalities such as single sided liqudity, tranched liquidity, and specialized pooled incentives. all this has never been done before on any UTXO chain, let alone a memechain :) ", "hidden": true, "question": "If applicable, describe any existing user base, partnerships, or traction your project has achieved. Include metrics if available.", "questionId": 10}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Do you understand and agree to complete Gitcoin's KYC process before processing payments?  All grantees receiving more than $15K will be required to complete KYC/KYB.", "questionId": 11}], "project": {"id": "0x60b6d922949804d9652026c274715e95722fad28e988ab566a30e10d4ac8bc1a", "title": "DoggyFi", "logoImg": "bafkreiegyyxapye2vlvnqxzturqlt4wfadlzrqdbgikmvwz7e7q5momlxe", "metaPtr": {"pointer": "bafkreieir4knsox3nrtimsbj34acunasckldurgeirkrs27edgqhhietii", "protocol": "undefined"}, "website": "https://doggyfi.xyz", "bannerImg": "bafkreidy35pkllpqh6j25s7mpmq6ewza4yfikn5znhw5am2gohfacmdxtu", "createdAt": 1727380975366, "userGithub": "", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..-mqIFblG7WaGJVE4e4XfvWVuGzLrKJ4vucmTEph9Pj7YYAGSbL7yqR8fqGLEMAiPXYG2K3Gefx0Ib6QRJ6kBBg", "type": "Ed25519Signature2018", "created": "2024-09-26T20:01:59.858Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-09-26T20:01:59.858Z", "expirationDate": "2024-12-25T20:01:59.858Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x4d481aEC3237eD51e843693a2d5a905a2A615529", "hash": "v0.0.0:0in9VwgTXjo4DlcPAW3TtXLL4ajn/kkwJy0fbO5Qsg4=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#Doggy_Fi"}}}, "description": "We are looking to build a DeFi stack native to Dogecoin, yes the L1, yes the UTXO, elon loving Dogecoin with 20 billion in market cap. \n\nWe believe Doge should have DeFi, and we are the team to deliver it; we have already shipped the AMM natively on the L1 and are just starting our journey, and looking to bring more of Doge to other chains! \n\nWhy not ship a cross chain swap native to Farcaster / Polygon via the Frame innovators program. Would be based, degen'd and very much a fun cross pollination of worlds. \n\nwrote up a whole proposal, happy to share, wen called upon :) ", "lastUpdated": 0, "projectTwitter": "Doggy_Fi"}, "recipient": "0x2532301B5dB2a058b63c6a34cC58604b1Ce64526"}}