gm, folks!
We're in a pretty cheery mood! We're a few days away from Devcon, where we're hosting Impact Spaces on November 14-15 (Days 3 and 4), so come say hi!
Lots on the updates front: we've completed another incredible epoch and rounded up last week with a successful Demo Day, sweepstakes, and a surprise SQF announcement!
💰Summing up Epoch 5:
💚 322.6 ETH allocated to projects (that's a whopping ~$829,000)
💚 187.6 ETH claimed by users
💚 17x matched average leverage
💚 30 projects supported
💰💰💰So who got funded?
Here are our Epoch 5 results along with what they've shared as part of the funding requests on our gov forum.
(PS, if you've got questions about funding as a donor, go on to the forum and directly engage with the projects!)
- ⛓️🛡 Protocol Guild (32.8577 ETH) for onboarding and retaining Ethereum’s core protocol contributors.
- 🐦 Rotki (28.909 ETH) for the next big rotki releases.
- ✅ Ethereum Attestation Service (24.9229 ETH) for schema developer tooling, transitive trust algorithm release, and scaling the attestation ecosystem.
- 💸 Revoke.cash (22.2929 ETH) for improved risk assessments and a better flow for sequentially revoking multiple token approvals.
- 🧅 Tor Project (19.9206 ETH) for improving the overall health of Tor network.
- 🛠️ Greenpill Dev Guild (17.3741 ETH) for the Green Goods pilot, Greenpill Commons, and retaining builders.
- 😺 Ethereum Cat Herders (15.7321 ETH) for continuing content creation, funding EIP editors, and supporting the availability of dev meeting notes & videos.
- 💗 L2BEAT (15.6407 ETH) for providing up-to-date information on L2s from onchain data.
- 🥩 Aestus MEV Relay (15.1 ETH) for extensive development and testing.
- 🌅 Hypercerts (12.6907 ETH) for the hypercert collections and improved evaluations.
- 🐻 Open Source Observer (12.2359 ETH) to pay the core team and support the infrastructure costs of running their data warehouse and API.
- 🤝🚀 Funding the Commons (9.9099 ETH) to fund projects, initiatives, and efforts in the Funding the Commons ecosystem.
- 🧑🏽💻 B<>rder/ess Developers (9.4099 ETH) for onboarding users performing at least 1 onchain attestation including downloading wallets.
- 🤝 LottoPGF (9.0722 ETH) for paying for the development of the app, audits, and other services.
- 🎙 Doots Podcast (8.2712 ETH) to cover operational costs and grow their audience base.
- 🙏 Praise (7.6314 ETH) for Farcaster integration, expanding on-chain attestations using EAS, marketing and community building.
- 🏰 BuidlGuidl (7.6176 ETH) for new workshops, tooling, hosting SE-2 Extensions Hackathon, and branding.
- ⚖️ Pairwise (7.2868 ETH) for continuing to improve Pairwise.
- 🧑💻 Web3.js (6.4742 ETH) for enhancing developer onboarding and engagement, strengthening community support, enhancing the contributor experience.
- 🍕 PizzaDAO (6.3592 ETH) for developing the open source Pizza Faucet Dapp, real estate acquisition and a scaled Global Pizza Party 2025.
- EthStaker (5.7027 ETH) for developing and maintaining more open-source solo staking software, providing in-person workshops.
- 😎 Dappnode (5.6677 ETH) for updates concerning Staker’s Network, Dappnode SDK v2 and Dappnode AI (PoC).
- 🐍 Web3.py (5.4607 ETH) for aiding EIP implementation and testing, reducing UX friction, educating and inspiring builders.
- 🌱 Regens Unite (4.2503 ETH) for event production, content creation, and community engagement.
- 🌄 EcoSynthesisX (3.0817 ETH) for EcoThailand Foundation Impact Product collection and development of Impact Marketplace.
- 📚 MetaGov (2.4883 ETH) for the Grant Innovation Lab and DAOstar focused on Technical Governance.
- 🦋 DeSci LATAM (1.9848 ETH) for organizing the DeSci LATAM Virtual Conf.
- 🥝 Kiwi News (1.7692 ETH) for onchain ads, driving product growth and Protocol hardening.
- 💛 Gravity DAO (1.2729 ETH) for covering operational costs.
- 🌱 Gardens (1.2208 ETH) for new feature releases.
Congrats to all the projects who participated, and a big big THANK YOU to our community for allocating and donating to public goods. Looking at this list, it's safe to say Ethereum is in good hands!
🚨 Now for our favorite part after each epoch... it's POAP time!
🎟️ Over $100,000 for Sweepstakes Winners
Epoch 5, the epoch that just keeps on giving! We have some sweeter news for you if you donated this epoch with over $100,000 in prizes for winners.
- 1 Grand Prize winner = 200,000 $GLM
- 5 mid tier winners = 40,000 $GLM
How can you participate?
1) Lock GLM and donate to projects next epoch.
2) Get more points on the Octant Guild Platform. The more points you have, the higher your chances at winning!
Road to Demo Day
ICYMI, we had our Octant Accelerator Demo Day last week.
We had 4 action-packed weeks with some of the best builders and speakers from this industry. The aim was to equip builders with everything they needed to grow, with a pretty intense structure where they'd implement learnings right after. And, suffice to say, we're pretty proud of the results.
To recap some numbers:
14 Projects. 28 Speakers. 34 Sessions.
10 Pizza Parties. 12 JokeRace Rounds.
7452+ New Followers. 1000+ Attestations.
1000+ Leads.
137 Closes. 30286 Mints.
$800,000 in Pipeline
$371204+ in Revenue.
To recap unquantifiable value:
Partnerships. Connections.
Figuring out business models.
Figuring out pricing.
Doing the work. Results-driven approaches.
Testing and experimenting with value propositions.
Pitching, pitching, pitching to users, leads, partners.
Becoming comfortable with discomfort.
It was pretty amazing to hear each project share their journey. We're still making intros to the cohort, so if you'd like to connect to any of our projects, reach out, and we'll make it happen.
🚨 Surprise Surprise! Introducing a Streaming Quadratic Funding round.
If you're an Octant epoch participant, you're eligible to participate in our inaugural Streaming Quadratic Funding (SQF) round in partnership with Flow State and Superfluid. We're bringing a 15 ETH funding pot to experiment with a new funding model.
SO what's SQF?
It's Quadratic Funding (QF) but better. In the current QF model, users donate to the round and BOOM: projects get matched and the round ends.
With SQF, Instead of a one-time donation, you stream donations that get matched and received by projects in real-time. You decide the amount you want to stream to each project and decide the cadence with the options to opt for a fixed amount daily, weekly, or monthly.
If a project is doing amazing and starts to excel (inspiring you to donate more), with SQF you absolutely can. On the flip side, if a grantee rugs the project or is not delivering on what they've requested funds for, you can also stop future streaming of funds.
This empowers donors with flexibility on streams as well as giving new donors the ability to grow the overall funding pot by adding more funding to it. (So if you'd like to be more generous to make our week and add 1 ETH or 15 ETH to this SQF pot, by ALL means please do! <3)
This is a big moment for us. As we think through sustainability, we know how impactful the success of this round and this tech can be. It could mean changing the game for donors and grantees in a p big way.
If you’ve voted in our past epochs OR attended our demo day, you should have an NFT that makes you eligible to donate/vote. You’ll need ETH on Base to participate.
As for who's getting funded, who better than our Octant Accelerator cohort? All that hard work deserves some 💰💰💰
Happy Voting!
We're hosting a Twitter Spaces on Monday to share more about the round with our partners and participating projects. Listen in
When: 4 November, 11am EST ❘ 4pm UTC
Until the next gm <3
