{"signature": "0xbf820b3dda7b49b4d7037528cb19a6e376e86a43315697fc4aa965b798b4f10a5587b103a8538956c5ca6d3caa7783349620fc42d14d48308f78f805c79d3ae01c", "application": {"round": "0x6142eedc06d80f3b362ce43b4ac52fad679dc850", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "9dXACTBv1oMrByOl9teTAyJ7EXUDuYFPQIP8MUoEGZzee8+ZXKz14flbUF8Br9gU", "encryptedSymmetricKey": "9f2e7d2e95ca92361e455aac96c5da0a36e4626fe074bf82318509d9f4e84145750343704075ec8df2609274d1ff340dcca1e1fe7b63cfddb04740353304c66ab5e1e028e6c70175d237e60bf38d70c651a20eaf2c35e2f82723e70fbef45ba591617b00bceb3fa454a1b0992f44eed9804cead739fa414b1236e1454c53d0b30000000000000020e622d77482e6dddd45dba5e73f8f0d88dca7c114be40ab9d9356e2a6cd1b9bc3177928f868412105a9f34a5717e7c08c"}}, {"type": "paragraph", "answer": "Concero is building the safest and the fastest cross-chain dex and staking aggregator. Unlike our peers we differentiate ourselves by building out our own Chainlink Build 'bridge' infrastructure that will allow us to bridge with native tokens securely. Our infrastructure will rely on flash loans given out by our liquidity pools for when transaction is entering CCIP and that pool being made whole when the transaction has finished going through CCIP. The whole system will be decentralised and will be utilising Chainlink Functions and Automations for cross-chain communication. As we have been recently accepted into the Chainlink Build Programme (official announcement coming soon), we have consulted with Chainlink team about the technical architecture of the system as well as our marketing and go to market strategies. This system is plugged into our routing and liquidity maximisation algorithms that find the most optimal and capital efficient route to swap from source token on source chain to the destination token on the destination chain. Our routing and liquidity maximisation algorithms will output the most optimal path for an asset (in case of large orders we will be able to break an order up into parts and execute on different liquidity pools in order to utilise total on-chain liquidity). The output of the algorithm will be call-data that we will be sent to our ZAP smart contract that will execute required steps in the transaction (ZAP contract will execute multiple steps in one transaction thus optimising gas fees). \nOverall, the app is designed to be an easy to use entry point into DeFi where users can perform the majority of their DeFi needs safely and quickly. We benchmark that it will take less than a minute to complete most of the transactions. ", "hidden": false, "question": "Application detail", "questionId": 1}, {"type": "number", "answer": "200000", "hidden": true, "question": "Amount requested (in $)", "questionId": 2}, {"type": "dropdown", "answer": "ARB", "hidden": true, "question": "Payout token", "questionId": 3}, {"type": "short-answer", "answer": "Unsure about what you mean by this question. If you are asking how will we be reporting the use of funds - we are prepared to send monthly expense reports.", "hidden": true, "question": "How do you account for this fund request?", "questionId": 4}, {"type": "paragraph", "answer": "1. 30% of the funds will go towards paying for the final stages of development of Concero before launching testnet. This includes paying team members paying for servers and subscriptions.\n2. 15% of the funds will go towards security audits \n3. 25% of the funds will go towards incentives for testnet users to provide feedback and to stress test the system: This includes running campaigns and working with KOLs to attract more users to test out the product. \n4. Remaining 30% will be reserved for the mainnet launch campaign and will be used to incentivise people to swap or stake from source chains into Arbitrum (whilst utilising Uniswap pools for swapping and providing liquidity). ", "hidden": false, "question": "How will you use these funds? Please make a detailed plan for expenditures.", "questionId": 5}, {"type": "dropdown", "answer": "Uniswap on Arbitrum Ecosystem tools or products", "hidden": false, "question": "Which RFP is this project covering? ", "questionId": 6}, {"type": "short-answer", "answer": "We will be routing transactions through Unsiwap pools and our users will be able to provide liquidity into Uniswap pools on any chain from any chain", "hidden": false, "question": "How do you think this project fits in with Uniswap?", "questionId": 7}, {"type": "paragraph", "answer": "We will make it easier for users to interact with uniswap pools on Arbitrum from any other chain and we will aggregate them to pass transactions through them.", "hidden": false, "question": "What benefits will this project bring to Uniswap in the Arbitrum ecosystem?", "questionId": 8}, {"type": "short-answer", "answer": "not yet, planning to audit smart contracts before deployment on mainnet.", "hidden": true, "question": "Has this project undergone a security audit? If not, are you planning to undergo it?", "questionId": 9}, {"type": "short-answer", "answer": "not yet, will open source the code before testnet (within the next 30 days).", "hidden": false, "question": "Is this project open-source? (If yes, share the repository link).", "questionId": 10}, {"type": "paragraph", "answer": "We use SCRUM to manage tasks and project cycles. We\u2019re using Jenkins for CI/CD, Github for version control, PostHog for analytics, Wagmi, Ethers.js & WalletConnect for web3 compatibility. \nOur front-end tech stack includes React, TypeScript & PostCSS.\nOur backend tech stack includes Node.js, TypeScript, MongoDB, GraphQL\n\n(We can provide full documentation and architecture breakdown in a separate document as well as our operational policies and practises).", "hidden": true, "question": "What is the workflow chosen for this project? (You can mention development practices, tools, programming languages, etc.)", "questionId": 11}, {"type": "short-answer", "answer": "Our current product is live to collect user feedback on how we can improve the user experience. we use third party SDKs to facilitate transactions. Our infrastructure is not ready yet and will be providing a much better user experience than what is available now.", "hidden": true, "question": "Does this project have a demo? If yes, share a public link.", "questionId": 12}, {"type": "short-answer", "answer": "Initially, we will be targeting crypto native users and tapping into Chainlink community through the Chainlink Build programme as well as attracting users through co-marketing with partner protocols and blockchains. We are finalising our go to market plan with Chainlink Marketing team to ensure that it is the best it can be.", "hidden": true, "question": "What is the target audience for this project? (Mention if there is a market launch plan).", "questionId": 13}, {"type": "paragraph", "answer": "Andy \nOleg\nSatoshi\nNikita \nNithin \nKitu", "hidden": false, "question": "Who are the members of the team?", "questionId": 14}, {"type": "paragraph", "answer": "Andy - co-founder/CEO: \nIn charge of vision, direction, fundraise, business development and operations of the team. Previously co-founded and on-chain analytics startup and raised over $2M in the space. 5 years of building experience.\n\nOleg - co-founder/CTO: Full Stack Developer with over 7 years in experience. Serial hackathon finalist. Currently working on the routing algorithm and on-chain infrastructure of Concero. \n\nSatoshi (real name not an alias) - Blockchain Lead: Over 8 years in experience and over 300 successfully deployed smart contracts. Previously Lead blockchain developer at Li.Fi. Currently working on Liquidity maximisation and on-chain infrastructure. \n\nNithin - marketing lead: over 4 years in experience. Previously marketing at Li.Fi and Across. Launched campaigns that netted over $12M in volume in a month.  Currently working on community development and marketing. \n\nNikita - Full Stack Developer: School42 graduate. 4+ years in experience. Responsible for Web App of the existing product. \n\nKitu - Product Analyst: School42 graduate. 3+ years in experience. Currently working on optimising user experience through user behaviour analysis, direct user interviews (Ktiu and Andy participate in those) and user surveys. ", "hidden": true, "question": "Describe team members' experience and current roles for this project.", "questionId": 15}, {"type": "paragraph", "answer": "Milestone 1 (1-2 months, est: March '24): Finish developing the infrastructure including Chainlink Automations, Functions and CCIP (budget of $60k). Full architecture can be provided with a supporting technical document on technical details. \n\nMilestone 2 (1 month est: March-April '24): Audit Smart Contracts. We have a good discount on audits from Hacken due to our enrolment into Chainlink Build Programme (Budget $30k for all contracts).  \n\nMilestone 3 (right after audit est: April '24): Testnet Launch. Launch the working infrastructure on testnet to stress test it and eliminate problems. We will announce it with Chainlink and will launch on Arbitrum testnet (as well as Ethereum). Budget will be used for campaigns to attract users to test out the product as well as incentivise them to provide feedback on UX. \n\nMilestone 4 (2 months after testnet June '24): Mainnet Launch! Launch on Mainnet and start aggressive marketing. A detailed overview of the marketing plan can be provided.", "hidden": false, "question": "What are the Project Milestones? (Be very specific and write a roadmap highlighting critical deliverables of the project; mention how you will ensure to supervise and track them).", "questionId": 16}, {"type": "paragraph", "answer": "To date we have been able to execute on our roadmap in time or earlier. We have a detailed development plan that has been reviewed by Chainlink and we are confident we can execute on it in time. \n\nWith regards to marketing, we have tested out different marketing tactics to date and implemented the most effective ones into our marketing plan. We have also had Chainlink review it and we have their support in introductions to partner protocols. ", "hidden": false, "question": "How do you plan to reach these milestones? (Explain the project feasibility).", "questionId": 17}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Has this project already been funded by other Grant Programs?", "questionId": 18}, {"type": "checkbox", "answer": ["I confirm."], "hidden": true, "question": "I confirm that I have read the Code of Conduct and that I have filled out this form correctly and truthfully.", "questionId": 19}, {"type": "checkbox", "answer": ["I understand."], "hidden": true, "question": "I understand that I will be required to provide KYC information by the UAGP team in case my application is accepted.", "questionId": 20}, {"type": "short-answer", "answer": "Arbitrum Twitter", "hidden": true, "question": "How did you find out about UAGP?", "questionId": 21}, {"type": "paragraph", "answer": "We have previously received a $5000 grant from Aave as we are also aggregating staking opportunities. In case you want to reach out on telegram my username is @AndyBohutsky.", "hidden": true, "question": "Additional information", "questionId": 22}, {"type": "short-answer", "answer": "None that I can think of. Thank you ! ", "hidden": true, "question": "Special requests", "questionId": 23}], "project": {"id": "42161:0x73AB205af1476Dc22104A6B8b3d4c273B58C6E27:453", "title": "Concero", "logoImg": "bafkreicl5kdsv6ptdss62yiarxbu4zosahpok2loyhbgswgks5zk2skrtu", "metaPtr": {"pointer": "bafkreicaucziebjenpydfm72v7rsnfirzoabyffipm753xrqrulmrxd5ie", "protocol": "1"}, "website": "https://concero.io", "createdAt": 1706045659726, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..8G1dUfg_NN0JKAYG5GaMzbK2Y8q7APNCCp-oCNHDAt2r2z1eR0mCrM0NlWhydChbdXF_GfDt4EEqnFCPqgBEAw", "type": "Ed25519Signature2018", "created": "2024-01-23T21:34:10.585Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-01-23T21:34:10.584Z", "expirationDate": "2024-04-22T21:34:10.584Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x8A31A0dF686D409D25c90d5905165DD5Bd05Ea20", "hash": "v0.0.0:rK8YCCicobiBET0Jle8ZSXTr6Rzwe/DPdHyTfWj9VyY=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#concero_io"}}}, "description": "Concero is building a cross-chain DEX/Staking aggregator utilising Chainlink CCIP in order to provide the fastest and the most secure cross-chain experience for users. Recently being accepted into Chainlink Build, Concero is actively building out their new cross-chain infrastructure that will rely on optimistic CCIP bridging that will connect EVM chains and provide a frictionless experience with transactions being executed in under 1 minute. ", "lastUpdated": 0, "projectTwitter": "concero_io"}, "recipient": "0x8A31A0dF686D409D25c90d5905165DD5Bd05Ea20"}}