Funding Request For Prototech Labs

Grant Proposals
1

Funding Request For Prototech Labs

Request

Receiving Address: (0x9A22889a2Bb9712E3401de26985d66Aa776791cF)
AJNA Amount: (3,000,000)

Applicant and Team Information

Project Information

Prototech Labs is requesting additional funding to continue:

  • Ongoing development of the ARK to ensure its readiness for deployment in Q1. Specifically, this funding will support robust documentation, and continued completion of an invariant test suite to support the ARK’s security, usability, and reliability.
  • Additional buildout of the ajnafinance invariant toolkit to support future integrations, and security as the protocol grows over time.
  • Ongoing engineering and community support such as the addition of Ajna on Defiscan.
  • Support for initiatives such as the demonstration of the 400,000 AJNA/WETH PMM at the recent market price point.
  • Continued engineering engagement and activity in the Ajna ecosystem.

In summary, this is much needed additional funding to help continue engineering work across the above initiatives to strengthen adoption, increase liquidity and grow the Ajna ecosystem.

2

I support Prototech and the extremely important work they are doing 100%.

3m/~6m+ is nearly half the grant distribution. It’s a large amount proportionally speaking, but low in terms of absolute current USD value. I am curious what other grant proposals show up this cycle. If it’s only prototech and the Aero liquidity, I would love for the aero liquidity to take the other half of the distribution as liquidity is a huge priority.

I am considering not submitted a grant for my services this cycle to help these initiatives have the support they need.