[APPROVED] Grant Application for Superhero DEX

Application Status

Status: Approved
Last updated: 13.02.2024
Submitted by: Keno Dressel
Team: Unit 214 GmbH
Volume: €20.000

Specify the funding category

Open Source Development, and Community Growth.

Application Title

Blockchain Development and Superhero DEX, in particular but not limited to maintenance work on the DEX and integrating a sophisticated Oracle or Smart Contract system for real-time price information.

Applicant

The Applicant has been a vibrant participant in the crypto community since its inception, actively contributing to a multitude of open-source crypto projects. The Applicant’s engagement spans from direct development contributions to offering support and resources, underscoring its commitment to fostering innovation and growth within the cryptocurrency sector. Through its collaborative efforts and expertise, the Applicant has played a pivotal role in advancing the capabilities and reach of various crypto technologies, demonstrating a steadfast dedication to enhancing the open-source crypto landscape. This involvement not only highlights Applicant’s expertise in blockchain technology but also its contribution to the broader community, promoting a more decentralised and open digital future.

Value Application

This grant commitment is designed to support the Applicant’s development of open source projects in the crypto technologies and blockchain space with €20,000. In particular the enhancement of Superhero DEX, the first decentralised exchange on the Aeternity blockchain with a focus on maintenance work on the DEX and integrating a sophisticated Oracle or Smart Contract system for real-time price information. These enhancements aim to modernise Superhero DEX, significantly improving its functionality, user experience, and overall value within the Aeternity ecosystem and the broader decentralised finance community. The grant contributes to the platform’s long-term sustainability and success.

Publishment

At the end of the grant period, produce a release of the source code that is published under the ISC Open Source License within the unit 214 GitHub organisation space at www.github.com/unit214.

Maintenance

Following the grant’s conclusion, the Grantee will offer up to one year of bug maintenance, contingent on securing future grant funding for these fixes.

Notes

The grant is awarded based on a project proposal developed by the Applicant. The funding provided by the Foundation is intended to support the development and execution of this project, with the aim of achieving specific outcomes as outlined in our proposal. The funds provided under this grant are not a remuneration for services rendered. Instead, they are allocated to support the activities and objectives of the Applicant as detailed in the project proposal. This funding is crucial for facilitating our efforts in enhancing the Superhero DEX and contributing to the broader goals of the Aeternity ecosystem. It is understood that achieving these specific outcomes is aspirational and not a contractual obligation. This grant emphasises progress and innovation over the completion of predetermined deliverables, allowing for adaptability and exploration in the project’s execution.

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Hey @keno.chain
Congratulations! Your grant application for “Blockchain Development and Superhero DEX” has been approved.

Your project’s alignment with our mission of open-source development and community growth within the Aeternity ecosystem is highly valued. We anticipate the publication of your work under the ISC Open Source License and look forward to the improvements this grant will bring to the Aeternity community.