Provide personal or organizational details, including applicant name, contact information, and any associated organization. This information ensures proper identification and communication throughout the grant process.
0xGen is a versatile liquidity aggregator, that integrates 19 chains to provide the best exchange rates. It also offers an optimal cross-chain solution for traders and a user-friendly Widget/SDK for project integration.
Now we launched the swap function, cross-chain swap, and trading signals.
Team Members and Qualifications:
Hong Ju: CMO
Darren: BD Lead
Anna: Head of Marketing
Do You Acknowledge That Your Team Will Be Subject to a KYC Requirement?:
Detail the requested grant size, provide an overview of the budget breakdown, specify the funding and contract addresses, and describe any matching funds if relevant.
Requested Grant Size:
- User Incentives (200,000 ARB): Rewarding and incentivizing active traders on 0xGen’s Arbitrum chain.
Funding Address Characteristics:
2/3 multisig with private keys securely stored independently
Clearly outline the primary objectives of the project and the Key Performance Indicators (KPIs) used to measure success. This helps reviewers understand what the project aims to achieve and how progress will be assessed.
- Incentive users to 0xGen and Arbitrum, thereby increasing trades, active addresses, and fees for Arbitrum
- Provide our services (best exchange rates, optimal cross chain/swap route, etc.) to more users
Key Performance Indicators (KPIs):
At least 5x growth on weekly average trading volume and active users
How will receiving a grant enable you to foster growth or innovation within the Arbitrum ecosystem?:
Growing User Base: A significant portion of the grant can be allocated to user acquisition efforts. We would run targeted campaigns to raise awareness about Arbitrum’s advantages, educate users about its benefits, and onboard new participants into the ecosystem.
Justification for the size of the grant:
While we acknowledge that we are relatively new in comparison to other projects, we possess unique technologies and innovative solutions that address part of the pain points in the trading ecosystem. This grant of $200,000 will enable us to amplify our presence, making more individuals aware of our project and its distinctive offerings. With these funds, we can incentivize users to experience our platform’s features to introduce our project and its integration with the Arbitrum ecosystem to a wider audience.
If the grant is approved, we will host the trade-to-earn event to incentivize users:
Trade to Earn (16 weeks, 4 weeks an epoch, 4 epochs in total)
Traders have the opportunity to earn ARB tokens based on their trading volume and frequency. To qualify for rewards, traders must meet the following criteria during each epoch:
- Complete a minimum trading volume of 500u.
- Execute at least 10 trades.
Rewards for each epoch (The rewards remain consistent in each epoch.)
1st Place: 9,000 ARB
2nd Place: 7,500 ARB
3rd Place: 6,000 ARB
4th Place: 4,500 ARB
5th Place: 3,500 ARB
6th Place: 2,500 ARB
7th Place: 1,800 ARB
8th Place: 1,000 ARB
9th Place: 700 ARB
10th Place: 500 ARB
11th-20th Place (Shared): 3,000 ARB, 300 ARB each
21st-50th Place (Shared): 3,750 ARB, 125 ARB each
51st-100th Place (Shared): 3,750 ARB, 75 ARB each
101st-200th Place (Shared): 2,500 ARB, 25 ARB each
If the grant is approved, we will commence the incentive campaign starting from the following Monday after approval.
The campaign will run for a duration of 16 weeks, with trading epochs occurring every four weeks.
Do you accept the funding of your grant streamed linearly for the duration of your grant proposal, and that the multisig holds the power to halt your stream?
Provide details about the Arbitrum protocol requirements relevant to the grant. This information ensures that the applicant is aligned with the technical specifications and commitments of the grant.
Is the Protocol Native to Arbitrum?:
0xGen is a multichain dex aggregator that supports 19 chains, including Arbitrum.
On what other networks is the protocol deployed?:
Arbitrum, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom, Optimism, ZkSync, Linea, Cronos, Moonriver, Aurora, Harmony, Gnosis, Boba, Tron, Heco, OKC
What date did you deploy on Arbitrum?:
0xgen offers the optimal swap and cross-chain paths, delivering users the best exchange rates and minimizing transaction slippage.
Total trading volume: $11,234,838.13
Total transactions: 58,151
For now, 0xGen has launched: swap function, cross-chain swap, Trading signals, trade to earn
Here are some features under development:
Pro-version, Limit order, more trading tools such as a strategy lab, research lab provides market/project insights, intelligent asset management.
0xGen was audited by MS Technology.
Provide details on how your team is equipped to provide data and reporting on grant distribution.
Is your team prepared to create Dune Dashboards for your incentive program?:
Yes, we already have a dashboard providing all the trading status on Arbitrum. And we will create a new one displaying ARB rewards distribution and transactions.
Trading status on Arbitrum: https://dune.com/0xgen_io/trading-status-on-arbitrum
Does your team agree to provide bi-weekly program updates on the Arbitrum Forum thread?
Yes, we will make weekly reports for our events and development and post them in the Arbitrum Forum.
Does your team acknowledge that failure to comply with any of the above requests can result in the halting of the program’s funding stream?: