Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Amount Asked: $50,000
Status: Pending Review means we have received the application but have yet to decide on it. Pending Review

Margined Protocol: Hydro Delta-Neutral LPing

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Margined seek to extend their existing vault framework to support deltaneutral LPing. This would enable users to deposit into a vault which LPs into a specific pool but simultaneously creates a hedge for the value of the LP position. This would lower the risk of LPing for users as their exposure to both realised and impermanent loss would be significantly lowered.

A novel vault framework will be released that enables lower risk LPing for Cosmos bluechip tokens. Specifically the initial usecase is designed to be for the Hydro platform. This framework could then be extended to improve liquidity provision for a variety of usecase e.g. Osmosis DEX Neutron DEX and Mars.

In addition to the first order benefits of lowered risks to users this will have a number of second order effects. Firstly it should lead to a reduction in price volatility of key cosmos assets such as ATOM as by lowering the risk of LPing we can assist liquid funds in LPing which will increase the total liquidity in various DEXs/Pools. Reduction in price volatility can improve the adoption an use of assets along with the general narrative. Further for protocols and treasuries being able to LP or simply hold assets in a deltaneutral manner for extended periods of time allows them to derisk their treasury and ensure their ability to make payments e.g. payroll into the future solidifying the viability of projects throughout the ecosystem.

About Margined Protocol
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Margined Protocol is building the asset management hub for power DeFi users. Margined Protocol has a suite of products for foundations and protocols that solve a number of key issues including liquidity optimisation market making / price discovery and risk management. This has the net effect of more liquidity in the ecosystem and better pricing.

Current Status: Pending Review means we have received the application but have yet to decide on it. Pending Review
Funding Program: Regular Grants
Funding Category: ATOM Zone build-out

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $50,000

Date Applied: Nov 19, 2024

Latest Approved Funding

Zellic: Security Audits for the Cosmos Hub
In Progress

Zellic: Security Audits for the Cosmos Hub

Team: Zellic
Approved: Dec 03, 2024
Amount: $440,000
Range Security: Monitoring and Threat Detection for Hydro
In Progress

Range Security: Monitoring and Threat Detection for Hydro

Team: Range Security
Approved: Nov 27, 2024
Amount: $95,000
Zephyrus: Vote aggregator for Hydro
In Progress

Zephyrus: Vote aggregator for Hydro

Team: Moonkitt
Approved: Nov 27, 2024
Amount: $85,000
ATOM Interchain Insights: Comprehensive TVL & Flow Analytics for ATOM
In Progress

ATOM Interchain Insights: Comprehensive TVL & Flow Analytics for ATOM

Team: Map of Zones
Approved: Nov 27, 2024
Amount: $91,200