### Grant Proposal for Uniswap and Arbitrum

**Title:** Enhancing Liquidity and Derivative Protocols via Decentralized Indexes and Tradable Yield Strategies on Arbitrum and Uniswap

**Overview:**
Envelop DAO proposes to enhance the Arbitrum and Uniswap ecosystems through advanced decentralized indexes and tradable yield strategies utilizing wNFTs (wrapped Non-Fungible Tokens). These instruments will be safeguarded with Zero-Knowledge Proofs (ZKp) to protect them from duplication (which kills APY) and enhance security, contributing to more sophisticated financial instruments and increased transaction volumes and Total Value Locked (TVL) for both Arbitrum and Uniswap.

**Objective:**
To introduce a new class of tradable derivatives that utilize composable and locked assets, making them tradable and increasing liquidity within the Uniswap and Arbitrum ecosystems. This will attract a broader user base interested in leveraging their assets more efficiently while contributing to the platforms’ growth.

**Proposal Details:**

- **Innovation in Derivatives and Liquidity Management:** 
  Leveraging Envelop’s protocol and oracle, we aim to develop decentralized indices and tradable yield strategies that are secured and programmable. These derivatives will be encapsulated within wNFTs, allowing for enhanced security and interoperability across chains.

- **Integration with Uniswap and Arbitrum:**
  Envelop Protocol is already deployed on the Arbitrum network, facilitating seamless integration. We aim to expand Uniswap’s functionality by introducing efficient and adjustable protocols for managing programmable NFTs, which are crucial for the platform’s decentralized liquidity pools.

- **Zero-Knowledge Proof (ZKp) Technology:**
  Implementing ZKp will safeguard yield strategies from being copied, preserving the uniqueness and value of these assets. This technology will also increase the overall security of transactions within the platforms.

- **Benefits to the Ecosystem:**
  By enabling the use of programmable composable assets and enhancing the security and diversity of financial instruments, our project will attract more users to both Uniswap and Arbitrum. This increased activity will boost the platforms' TVL and transaction volume, solidifying their positions in the market.

- **Track Record and Capability:**
  Envelop DAO was established in 2021 and has successfully navigated the bear market, maintaining a strong reserve and demonstrating resilience and capability. With proven deployments and a growing user base on Arbitrum, our team is well-positioned to deliver this project effectively.

**Project Milestones:**

1. **Q3 2024 - Development and Testing:**
   - Development of yield strategies and indices.
   - Integration testing with Uniswap and Arbitrum.
   - Initial deployment of decentralized indexes.

2. **Q4 2024 - Deployment and Initial Launch:**
   - Full deployment of the tradable yield strategies.
   - Public launch and marketing campaign.
   - First user onboarding and feedback collection.

3. **Q1 2025 - Expansion and Enhancement:**
   - Scaling up operations based on user feedback.
   - Further enhancement of security measures. Integration of ZKp.
   - Expansion of the derivative products offered.
