Summary
Develop a strongly incentivized integration grant/program to get new DApps, developers and protocols integrated into the DeFi Smart Layer and accesible to users through Instadapp Assembly
Proposal
Instadapp recently released Instadapp Assembly, our open source dashboard making integrations and development on Instadapp more open, flexible and easier to build. The following is a three step process to incentivize and encourage development from building the connectors all the way to having a DApp page with build in strategies and transaction recipes.
This process would be three separate bounties that gain additional INST if the development and implementation stays continuous (snowballs) and/or if its completed within 2 weeks. INST is awarded at all steps regardless of time it is completed.
Let’s use Alpha Homora as an example:
Phase 1 - Build the Connectors for Alpha’s Lending Product
Complete and submit the connector and resolver contracts for Alpha Homora’s Lending Contract. Submit the completed contracts as PR on the DSA_Connectors Repo. This phase is completed once team approves connector.
Timeline: 2 weeks
Base Reward: 200 INST
Timeline Bonus: 75 INST
Phase 2 - Submit Connector to Governance
Prepare and submit the Governance proposal for the activation of the Alpha Homora integration. This phase is completed once Snapshot approves this connector.
Timeline: 2 weeks
Base Reward: 15 INST
Timeline Bonus: 15 INST
Phase 3 - Create Assembly page for Alpha Finance
Build and deploy an Alpha Finance Dapp page on Assembly. This phase is completed when the Assembly page is submitted and approved in the Assembly repo.
Timeline: 2 weeks
Base Reward: 50 INST
Timeline Bonus: 25 INST
(Optional) - Bonus Phase 3:
Create and launch 2 or more strategies for the newly created Alpha Homora page. This phase is completed when the strategies are submitted and approved in the Assembly repo.
Bonus Base Reward: 50 INST
Phase | Base Reward | Timeline Bonus | Reward Range |
---|---|---|---|
1 | 200 | 50 | 200 - 250 INST |
2 | 15 | 15 | 15 - 30 INST |
3+ | 50(+50*) | 25 | 50 - 125 INST |
Reasons
Instadapp’s Smart Layer is a powerful resource for upcoming and established protocols. This incentive structure creates a feedback loop so integrations can reach completion. Individuals are encourage to complete their phrase in 2 weeks, and related collaborators are encouraged to follow up on the integration for additional bonuses. The funding of this proposal will be allocated from the Instadapp Growth Fund.
If you would like to participate please fill out this form: https://forms.gle/k3GQrf69giUunMwYA.
Current Snowballs:
Ubiquity DAO - Phase 3 (10/28/2021 - 11/11/2021) | View Proposal | IN PROGRESS
QIDAO - Phase 1 (9/23/2021 - 10/3/2021) | View Proposal | IN PROGRESS
Perpetual Finance - Phase 1 (Pending) | View Proposal | Pending Start Double Bounty INST x PERP
mStable - Phase 1 (Pending) | View Proposal | Pending Start