This thread is for applications for Rocket Pool’s January 14, 2024 - February 11, 2024 bounties. Please only post bounty applications in this thread. If you would like to discuss and/or ask questions about any applications you see in this thread, we ask that you do so in this separate forum thread which has been established for all community discussions related to this round of applications. Only those grant applications that are posted in this thread and timestamped by February 11, 2024 at 23:59 (11:59 PM) UTC will be considered. Any bounties posted after that deadline will be carried over to the next award period.
This is the expected schedule for round 9:
- Application Period (January 14th - February 11th)
- Application Selection (February 11th - February 14th)
- Application Discussion Meetings - one for each subcommittee (February 15th - February 19th)
- Scoring Deadline (February 20th)
- Final Voting Amendments, Discussion and Finalization (February 20th - February 24th)
- Award Announcement (February 25th)
Differences Between Grants and Bounties
Grants are intended to be applied for by those who are wishing to carry out the work themselves. Bounties are open-ended goals that could be met by anyone, including those other than the proposing party. In other words, if I believed that Rocket Pool needed a fifty-foot paper mache orange rocket for publicity purposes and I wanted to be the one to built it, I would apply for a grant. If I instead thought Rocket Pool needed a fifty-foot paper mache orange rocket for publicity purposes but I wanted it to be open to whoever built it first to claim the reward (similar to a prize), then I’d apply for a bounty.To guide you in your application, the GMC has established the following goals and the following scoring rubric:
GMC Goals
Grants, bounties, and retrospective awards should make it easier and/or more attractive to do one or more of the following:
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become a node operator
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operate a node, mint rETH
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hold or use rETH
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improve the quality of life for the protocol and its community.
Bounties Rubric
When evaluating grant applications, the GMC takes into account the following goals:
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If the bounty is completed successfully, to what extent does it further the GMC goals?
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To what extent is it likely that the bounty can be feasibly claimed/completed successfully?
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If the bounty is successfully completed, how large is the benefit to the protocol relative to the size of the proposed costs?
Bounty Application Template
Please copy paste the template below into a reply. Answer the questions there, feel free to remove or add sections based on relevance.
# Name of Bounty
## General Information
### What is the nature of the proposed bounty?
### Why are you writing this bounty proposal?
## Benefit
<please enter N/A where appropriate>
| Group | Benefits |
|---|---|
| Potential rETH holders | If the bounty is successfully completed, how does this help people looking to stake ETH for rETH? |
| rETH holders | If the bounty is successfully completed, how does this help rETH holders? |
| Potential NOs | If the bounty is successfully completed, how does this help people looking to run a Rocket Pool node for the first time? |
| NOs | If the bounty is successfully completed, how does this help people already running a Rocket Pool node? |
| Community | If the bounty is successfully completed, how does this help the Rocket Pool community? |
| RPL holders | If the bounty is successfully completed, how does this help RPL holders? |
### Which other non-RPL protocols, DAOs, projects, or individuals would stand to benefit from the bounty being successfully completed?
## Work
### What steps would be entailed in completing the bounty? Do successful examples of such work exist elsewhere? What skillsets or knowledge will be required?
### What advice would you give a bounty hunter working on this bounty?
### Should the output of this bounty be available under an open source license?
## Costs
### How much do you think the completion of this bounty worth to Rocket Pool (in USD)?
### How much work will be needed to verify this bounty has been completed? What skillsets or knowledge will be required?
## Structure
### How would you structure this bounty, and why?
* A single payout to single team on completion?
* Divided into milestones?
* Multiple payouts to multiple teams?
* Should this be written up as multiple bounty definitions?
* Something else?
### Is this bounty repeatable?
### Are there any reasonable circumstances under which this bounty should be withdrawn? Should it expire?
## Conflicts of Interest
### Does the person or persons proposing the bounty have any conflicts of interest to disclose? (Please disclose here if you are a member of the GMC or if any member of the GMC would benefit directly financially from the successful completion of the bounty).
### Will the applicant, or any protocol or project in which the applicant has a vested interest (other than Rocket Pool), benefit financially if the bounty is successfully completed?