Given that our Micro Grant application is aimed at launching our MVP, our primary KPI will revolve around the successful integration of GMX and the subsequent launch of the Fungi Protocol.

How will receiving a grant enable you to foster growth or innovation within the GMX ecosystem?:

Our go-to-market strategy is geared towards expanding the crypto ecosystem by attracting new users rather than merely recycling existing funds. With GMX serving a pivotal role in our protocol, we anticipate that Fungi will not only contribute to increased volume and Total Value Locked (TVL) for GMX but will also serve as a gateway, bringing in new users from the LATAM region.

Justification for the size of the grant:

Taking into account our base location in Spain, where salary costs are relatively moderate, a grant of 6,000 USDC is deemed sufficient to cover operational expenses of one developer for around two months.