Thread by @Subli_Defi

1/14 Wow, Cycle 8 of #Optimism grant just finished days ago, with again some massive $OP grants that could benefit to you as users!

Who are the winners, and how you could benefit from it? A 🧵👇

2/14 First, if you want to see who are the past winners, please check this wonderfull spreadhsheet, by courtesy of @optimismFND
docs.google.com/spreadsheets/d…

3/14 Or my notion page, gathering all the winners and how they plan to distribute their grant: sublidefi.notion.site/Subli_Defi-c57…

4/14 @VelodromeFi is the leading DEX on #Optimism

Grant: 4m $OP distributed as follows:

➡️1.5m $OP: Locking bonus (40k $OP / week during 6 months)

If you wonder how to benefit from this, just check my own strategy and how i maximized my ROI

5/14 (Continued...)

➡️1.5m $OP: Match bribes (40k $OP/week during 6 months)

➡️1m $OP: Liquidity Incentives to build deep liquidity on strategic pools for #Optimism

6/14 Altough not being a #DeFi project, i wanted to add @DefiLlama , the leading multichain data aggregation of #DeFi ecosystem.

Grant: 300k $OP to develop analytics on #Optimism and #llamapay for projects! 👏👏

defillama.com/chain/Optimism

7/14 @SocketDotTech allows seamless crosschain swap.

Grant: 500k $OP distributed over 3-5 months as follows:
➡️60% to users to cover bridge fees
➡️40% to builders who like to integrate Socket solution

socket.tech

8/14 @overnight_fi is proposing a Yield generated stablecoin through their own $USD+

Grant: 400k $OP co-incentivized with 300k $USD+, distributed as follows:
➡️250k $OP for $USD+ liquidity mining
➡️150k $OP for ETS liquidity mining

overnight.fi

9/14 @PoolTogether_ is a yield optimizer who distributes rewards randomly to users

Grant: 550k $OP + +50% of TVL coming from POL , all distributed as follows:
➡️70% to depositors
➡️20% to the team
➡️10% to the project integrating Pool Together

pooltogether.com

10/14 @CurveFinance is the leading DEX on #Ethereum and now moving to L2s.

Grant: 500k $OP + co-incentives @ 100% with $CRV, distributed as follows:
➡️100% to veCRV voters as Bribes, thanks to @VotiumProtocol who develops cross chain vote/bribe rewards

11/14 @insuredao is a #DeFi insurance protocol to insure against any Defi protocol.

Grant: 100k $OP + co-incentives in project token $INSURE, distributed as follows:
➡️65% to liquidity providers or underwritters
➡️20% as a discount on insurance premium
➡️10% to partners

(Continued...)
➡️5% as Bribes for INSURE/WETH pool on @VelodromeFi

insuredao.fi

12/14 @AngleProtocol is a decent. and over-collateralized stablecoin protocol that launched $agEUR

Grant: 250k $OP + co-incentives in $ANGLE distributed as follows:
➡️50% to LM on Uni V3 USDC/agEUR
➡️25% as Bribes on Velodrome agEUR/OP
➡️25% as Bribes on Veoldrome agEUR/MAI

13/14 @AlchemixFi is a #DeFi protocol allowing self repaying loan on stable or $ETH

Grant: 250k $OP + coincentives as Bribes and $VELO LM through Alchemix vote power on Velodrome. Distribution will be as follows:
➡️50% to vault depositors
➡️50% to LPers as Bribes on @VelodromeFi

You can catch up the latest news on @AlchemixFi thanks to their last newsletter, worth a read really!!

14/14 This cycle ends Grant Season 2. Season 3 will start later and will bring brand new projects to apply for $OP grant. Be sure i'll be there to cover it.

Thanks a lot for supporting me, that means a lot for me.

Don't hesitate to share if you like this

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