metadata: {"signature": "0x714e000749c40583d8a4397d5f8a519c1a74eff8ae57989b56ac1e66ee3b331d2bb5e1e3168c0dc731cd619aad91657df2d1a2295537e6514d1853cf8ffba5a51c", "application": {"round": "0x0d1bab6d06e5059f4abc6034809aa2fb74aa13a6", "answers": [{"type": "email", "answer": "cotabemoral@gmail.com", "hidden": true, "question": "Email Address", "questionId": 0}, {"type": "paragraph", "answer": "Private voting and protection from MEV and censorship are keystones of an on-chain Society. \n\nWe have discussed the idea of integrating Shielded Trading with key developers and architects from the Metis community, and we want to get closer to the community to make Metis safer and more market-efficient for trading, prevent front-running, sandwich attacks, and censorship, and leave to the Metis community the decision of how to distribute benign types of MEV like arbitrage and liquidations.\n\nShielded Gaming\n\nShutter's commit-reveal mechanism can significantly enhance gaming fairness and security, especially in strategic and competitive settings.\n\nDAOplomacy: DAOplomacy is a decentralized game inspired by the classic \"Diplomacy.\" Multiple DAOs compete to claim territories, executing secret moves simultaneously each round. Like MEV on the blockchain, the game faces the challenge of prematurely exposing a DAO's moves, which could lead to unfair strategizing.\n\nTo address this issue, DAOplomacy incorporates Shutter's technology, which uses threshold cryptography to prevent front running on Ethereum. This ensures that game strategies remain encrypted and concealed until all moves are executed simultaneously, maintaining game integrity by preserving secrecy and strategic surprise.\n\nOther conceptual uses in gaming:\n\nMatchmaking and Resource Allocation: Shutter could prevent unfair advantages in matchmaking and in-game resource acquisition by concealing player actions until all data is simultaneously revealed, ensuring equal opportunities for all players.\nGame Mechanics Security: Shutter's technology could benefit concepts such as protecting spawn points, reducing latency manipulation, and securing server queue positions. It would encrypt data to eliminate unfair preemptive actions and maintain competitive integrity across various game formats.\n\nIn regards to RWAs, we\u2019d love to elaborate on how the encrypted mempool can provide a sound and safe, regulatory compliant trading environment which is (more so than for DEFI), highly necessary for RWAs, which need to exist in more regulatory compliant environment.\n\nThe encrypted mempool adds base layer neutrality and ensures that the sequencer's role remains impartial, making it impossible for end users or regulators to accuse the sequencer or other involved parties of market manipulation. The encryption of the mempool obscures transaction details, preventing any party from manipulating or censoring transactions based on their content. Ensuring that the transaction order is free from interference aligns with regulatory goals of maintaining fair and transparent market practices, potentially fostering a more cooperative relationship between blockchain networks and regulatory bodies. This minimizes regulatory threats; for example, the Markets in Crypto-Assets Regulation MICA could treat front running and other types of MEV as \u201cmarket abuse\u201d (https://twitter.com/paddi_hansen/status/1795084797238256110)", "hidden": false, "question": "Provide a brief description of your project", "questionId": 1}, {"type": "checkbox", "answer": ["Games", "Real World Assets (RWA)", "On-Chain Society"], "hidden": true, "question": "Which of the following Metis ecosystem themes does your project focus on? (Select all that apply)", "questionId": 2}, {"type": "paragraph", "answer": "Rebranding: We\u2019ve been working with a marketing agency to simplify our brand and messaging, making hard topics easily digestible https://shutter.network/\nStepping up our marketing. We are in the middle of a six month marketing expansion effort.to grow our ecosystem. Check the plan here (https://shutternetwork.discourse.group/t/provide-a-grant-to-brainbot-gmbh-to-expand-marketing-activities/397)\nComms channels: TG group, Discord (https://discord.com/invite/Fx7m5cUcua), blog (https://blog.shutter.network/), X (https://x.com/ShutterNetwork) and Farcaster (https://warpcast.com/shutter).\n", "hidden": true, "question": "Describe your project's approach to community engagement and self-marketing", "questionId": 3}, {"type": "paragraph", "answer": "Voting privacy and MEV awareness campaigns targeting Metis and Web3 users to learn more about governance in Metis, Shielded Voting as a privacy alternative, the magnitude of the MEV problem and the solutions available for blockchains like Metis.", "hidden": true, "question": "How do you plan to drive user adoption and a supportive environment within the Metis ecosystem?", "questionId": 4}, {"type": "paragraph", "answer": "Privacy voting awareness campaign to help the current Metis organizations in Snapshot to adopt Shielded Voting and bring more organizations to Snapshot on Metis. \nSandwich attacks, front running and censorship campaigns focused on Metis.\nDeployment of a Shutterized Metis testnet.\nPotentially, the deployment of a Shutterized Metis mainnet.", "hidden": true, "question": "Provide a clear roadmap of your project, including key milestones and deliverables.  You may provide a link to an accompanying document or sheet if needed.", "questionId": 5}, {"type": "paragraph", "answer": "For the marketing campaign, we are very knowledgeable about the topics that we cover and we have stepped up our marketing game.\nFor the deployment of testnets and Mainnets, it is not our first rodeo. We have already done it for Optimism and Gnosis.", "hidden": true, "question": "How does your team's expertise contribute to the successful execution of the project? Please provide relevant background information", "questionId": 6}, {"type": "paragraph", "answer": "2K - Privacy voting awareness campaign\n2K - Sandwich attacks, front running and censorship campaigns focused on Metis.\n16K - Deployment of the shutterized Metis Chain testnet with an encrypted mempool. \n10K - Deploy a Metis-specific demo dapp. \n12K - Develop a dashboard or explorer integration which provides insights into the encrypted transaction lifecycle. \n12K - Operate and maintain the shutterized World Chain testnet for 6 months.", "hidden": true, "question": "Provide a breakdown of how you plan to utilize the funds in increments (e.g., first $2k, next $2k, etc.) to maximize your project's impact within the Metis ecosystem. Also, explain how you would adjust your plans if you still need to meet your full funding target and raise meaningful funds.", "questionId": 7}, {"type": "paragraph", "answer": "Shielded Voting is an ongoing project currently live integrated into Snapshot.\nShielded trading is an ongoing project that has not yet been integrated on Metis.", "hidden": true, "question": "Is this a new or ongoing project? If ongoing, briefly describe your past contributions to the Metis ecosystem, including any CVP approval, supplemental support received, and specific results achieved.", "questionId": 8}, {"type": "paragraph", "answer": "Shielded Voting is an ongoing project currently live integrated into Snapshot.\nShielded trading is an ongoing project that has not yet been integrated on Metis.", "hidden": true, "question": "Is there anything else you'd like to share about your project, previous work, or other affiliations that may help determine project eligibility?", "questionId": 9}, {"type": "dropdown", "answer": " Yes, I have read the entire Code of Conduct and additional points and agree to follow these standards.", "hidden": true, "question": "Do you confirm that you have read the entire Code of Conduct (https://support.gitcoin.co/gitcoin-knowledge-base/about-gitcoin/code-of-conduct) including the additional emphasis on collaboration and prohibition of quid pro quo, and agree to abide by these standards?", "questionId": 10}, {"type": "dropdown", "answer": " Yes, I commit to upholding these principles.", "hidden": true, "question": "Do you commit to upholding these collaboration principles and prohibiting quid pro quo (https://support.gitcoin.co/gitcoin-knowledge-base/gitcoin-grants/general-questions/what-is-our-quid-pro-quo-policy) practices?", "questionId": 11}], "project": {"id": "0xb87725e5c2ac3d12dec32f0b34a686f4efa52d064342f0ca2bf6cc23f3273802", "title": "Brainbot/Shutter", "logoImg": "bafkreic6qve5747xhc37ttmipzou4yzfl77gbjgfaebrgujzqsrrv3o4gm", "metaPtr": {"pointer": "bafkreihpelnpl3ivwdyb4twmfoceoyb3ftsu6bu7pve7iglojpxv3imtoa", "protocol": "undefined"}, "website": "https://www.shutter.network/", "bannerImg": "bafkreigqkg3zhq5uzdxpwx5qnuzmxtt7iu7usip34pfdgltwnw7hahrb2e", "createdAt": 1726189427480, "credentials": {}, "description": "Shutter is a threshold encryption (privacy) protocol with a wide variety of applications, including: malicious MEV prevention, censorship resistance, voting integrity, and gaming fairness. \n\nCurrently, we have two main applications for the protocol, both relevant for Metis; Shielded voting and Shielded Trading.\n\nShielded Voting. \n\nShutter protects DAO votes from manipulation by whales. Votes are encrypted when cast and revealed after the voting period ends.\n\nShielded Voting is integrated natively with Snapshot. It is currently used by 382 unique communities. It has protected over 3,675 proposals and 287,735 casted votes (https://dune.com/aurelianob12/dashboard-shutter). It is free to use and fully open source. Shielded Voting is currently live on Metis.\n\nShielded Trading.\n\nShielded Trading is currently the main focus of Shutter Network. We aim to provide a solution for front-running prevention and real-time censorship resistance through transaction encryption using threshold cryptography-based distributed key generation (DKG). An encrypted mempool prevents the parts of MEV that are considered malicious (front-running, sandwich attacks) while leaving the distribution of the benign types of MEV (arbitrage, liquidations).\n\nEnd users, especially from DEXs and DEFI, benefit the most from shielded mempools. It strikes the best balance between ensuring market efficiency and minimizing malicious MEV. In other words, users enjoy a higher degree of base layer neutrality leading to a) better and fairer prices on DEXs and DeFi protocols due to front-running protection and b) an additional censorship resistance layer.\n\nThe encryption of the mempool obscures transaction details, preventing any party from manipulating or censoring transactions based on their content. Ensuring that the transaction order is free from interference aligns with regulatory goals of maintaining fair and transparent market practices, potentially fostering a more cooperative relationship between blockchain networks and regulatory bodies. This minimizes regulatory threats; for example, the Markets in Crypto-Assets Regulation MICA could treat front running and other types of MEV as \u201cmarket abuse\u201d (https://twitter.com/paddi_hansen/status/1795084797238256110)\n\nWe have discussed the idea of integrating Shielded Trading with key developers and architects from the Metis community, and we want to get closer to the community to make Metis safer and more market-efficient for trading, prevent front-running, sandwich attacks, and censorship, and leave to the Metis community the decision of how to distribute benign types of MEV like arbitrage and liquidations.\n\nFor more info look into our linktree: https://linktr.ee/ShutterNetwork.", "lastUpdated": 0, "projectGithub": "", "projectTwitter": "ShutterNetwork"}, "recipient": "0xB476Ee7D610DAe7B23B671EBC7Bd6112E9772969"}}