Terra - 13. Terra Grants Funding

    Examine grants funding since the launch of Terra 2. If possible, identify the grants transactions (feel free to supplement this with off-chain research to identify who’s been funded and in what amounts). Based on your investigation, produce a simple, clean dashboard that tracks grant funding thus far on Terra 2.

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    • Since Terra Luna 2.0, a total of 30.5 million Luna have been distributed as grant funding.
    • There are 9 out of 11 accepted grants funding propsals that have received 129K votes by about 119K unique voters.
    • In July 2022, MetricsDAO applied for a grant via governance vote from the Terra blockchain to ingest and curate Terra 2.0 data with the goal of publishing free accessible Phoenix-1 data using Flipside Crypto's SQL editor.
    • Also proposal #902 titled "MetricsDAO On-Chain Data Curation Grant" has recied a noticeable number of "YES" votes, which shows that the Terra Grant Program is committed to help empower analysts & teams with the data they need to build and thrive
    • Proposal #887, titled "executing the passed Prop 880," received the most votes (64.7K) and voters (61K), and was approved with a significant number of "yes" votes.
    • The only two grant funding proposals that were rejected were proposal #929 (Emergency Builder Allocation for Hurricane Protocol) and proposal #4593 (dUST Games Grant Proposal).

    Introduction

    • Following the massive crash, Terraform labs decided to revive the ecosystem, but this time without any links to the algorithmic stablecoin. So, the Terra ecosystem launched a new chain on 28 May 2022 with a new coin, Terra (LUNA) or LUNA 2.0.

    Terra Grants

    • Terra Grants is a programme created to aid in the growth and development of the Terra ecosystem by offering financing, technical assistance, and mentoring to initiatives that advance the platform. The grants, which come in the form of Terra Luna, are given out in order to pay for project expenses including staff salaries, building maintenance, advertising, and other operating costs.

    Methodology

    • In this dashboard we will examine grants funding since the launch of Terra 2 and try to identify the grants transactions to produce a simple, clean dashboard that tracks grant funding thus far on Terra 2.
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