Grant Application- Giveth

hey @bordumb! we had a great call with Radicle last week to share a couple of updates and follow-up on our application. It appears the fiat project is no longer a topic of interest for Radicle? Nonetheless, from our side the research shows that we will have it enabled sometime soon and the complexities were solved thanks to some existing APIs that are solving this problem for us! So we could also think about adding Drips for CC donations if there is interest.

What’s more exciting, and it was very well received by Radicle during the call is our GIVfi project - latent donations on Giveth can earn interest on Defi to buy GIV & become a high interest rate savings account for projects. This opens up interesting possibilities for safe Defi strategies. one would be endowments > GIVdowments which provides the ability for the nearly 2 trillion dollars worth of tradfi endowments to easily start earning interest in defi and automate the allocation of those funds to projects on Giveth.
There is a great opportunity for integrating GIVfi with Drips as well where the donations are sent to smart contracts for yield generation and then streamed over a course of “x” months to the project.

We see many use cases of drips in our existing and upcoming projects and would love to add them to our project roadmap.
We look forward to the communities’ decision or any updates on our proposal on how to move forward. :slight_smile:

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