Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: Jay Jie
Amount Asked: $0
Status: Rejected

Re Protocol

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Re is a protocol built with the Cosmos SDK leveraging Interchain Security with the aim to allow DeFi-native products and protocols to be accessible directly to any integrated traditional firms, enabling them to operate fluidly within this growing industry.

Re utilizes CosmWasm smart contracts and Inter-Blockchain Communication (IBC) to establish secure cross-chain communication and enable settlement within the native protocol of interest without custodial services and third parties. This offers a new compliant and secure pathway for firms to manage positions directly with their intended trading of the underlying asset.

With the Re protocol spearheading a new form of execution and settlement in the Cosmos ecosystem, traditional firms familiar with the FIX protocol layer can bridge over the familiarity in execution and experience directly to Re’s workflow, which mimics their standardized order flow.To learn more about Re, read our lite paper here (https://jim380.notion.site/Re-1a9225acfb734cd3a3c06ff3ec067614)

Team: Jay Jie
Current Status: Rejected
Funding Program: Regular Grants
Funding Category: Interchain Security

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $0

Date Applied: Mar 20, 2023
Date Rejected: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Apr 11, 2023 (3 weeks)

Latest Approved Funding

Venture Investment 3
In Progress

Venture Investment 3

Team: [to be announced]
Agreed: Aug 28, 2024
Invested: $100,000
DRIP Module
In Progress

DRIP Module

Team: Daniel Harapko
Approved: Aug 28, 2024
Amount: $246,154
ATOM Hacker House – Barcelona 2024
In Progress

ATOM Hacker House – Barcelona 2024

Team: Web3Family
Approved: Aug 23, 2024
Amount: $40,000
Drops: Cosmos Hub User Engagement Campaign
In Progress

Drops: Cosmos Hub User Engagement Campaign

Team: Drops
Approved: Aug 16, 2024
Amount: $7,500