{"signature": "0xda36b2c774662924aa8f7ce09012dcb1abbb3c9f020e4d56310c30549652fc8e040088b6e6077b88e9a7046eb4aa585b90641d619f35626bbc9fec41e6bc113a1b", "application": {"round": "0x6142eedc06d80f3b362ce43b4ac52fad679dc850", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "6dxUyVS33q5rk3ZH/aaPxc4IMi3brfq5EU5WFx0hr8Rn/hBjdkHM6sTEMIXj7Qr3", "encryptedSymmetricKey": "6b3eca2e792941f724e1981cc59c4ab84dda5a1f7e784ec4852780a9519cd1f83476dae9a032495b0e5bd912e83c37017dd92ad0c820fb3fad3434147a29a5a45e1a46ceeedbed3def649b976bae77f39dd7d4c8b1eb4511ada0b95891ec9aa9d14551ef790e00602f28cdc697eec00f408c21df8f1e2d8e66a90c5e37f075d70000000000000020cc9dd467b4f2e2be3ed74a9263fa7d1f6d5778c6c2b636c298691f577c161aaa40b4c11c1f716289ae6e91984d47eb84"}}, {"type": "paragraph", "answer": "YLDR is a lending protocol that allows users to either leverage Uniswap positions or get a loan against it.\nWe want to apply for this Grant program as we want to help both liquidity providers and Uniswap use liquidity positions more efficiently.", "hidden": false, "question": "Application detail", "questionId": 1}, {"type": "number", "answer": "250000", "hidden": true, "question": "Amount requested (in $)", "questionId": 2}, {"type": "dropdown", "answer": "ARB", "hidden": true, "question": "Payout token", "questionId": 3}, {"type": "short-answer", "answer": "We've launched one month ago and already lended more than $120k. We see that LP community find YLDR useful but we want to make it even better and bigger.", "hidden": true, "question": "How do you account for this fund request?", "questionId": 4}, {"type": "paragraph", "answer": "**1. Security audit \u2013 $80,000**\nWe have performed an audit with Certik but we want to perform another one to make sure that our users are safe.\n\n**2. Marketing campaign \u2013 $70,000**\nWe need to spread the information about the product to as many liquidity providers as possible. We would like to run campaigns using Debank messaging, Twitter Ads, CPM networks, and paid articles.\n\n**3. Incentivize liquidity providers and lenders \u2013 $100,000**\nNowadays, it's hard for a new product to acquire users without sharing some incentive with them. That's why we need to incentivize YLDR to acquire more users and to grow the TVL faster.", "hidden": false, "question": "How will you use these funds? Please make a detailed plan for expenditures.", "questionId": 5}, {"type": "dropdown", "answer": "Derivative Protocols", "hidden": false, "question": "Which RFP is this project covering? ", "questionId": 6}, {"type": "short-answer", "answer": "We see YLDR as a derivative instrument on the top of Uniswap. YLDR users can use their LP position to create leverage or get a loan against it. ", "hidden": false, "question": "How do you think this project fits in with Uniswap?", "questionId": 7}, {"type": "paragraph", "answer": "**Current problem**\n\nWhen a user creates an LP position he cannot use this liquidity anymore. This liquidity is only used for trades.\n\nHowever, we can see LP's position as an asset that can be used as collateral to create a leveraged position or get a loan.\n\n**How YLDR is helping the Uniswap ecosystem?**\n\nWhen a user creates a leveraged position he puts more liquidity in a pool. Which results in:\n\n1. Better price\n2. Less slippage\n\n**Win-win for all parties involved**\n\nYLDR protocol resolves issues for all parties:\n\n1. Liquidity providers may increase their earnings\u001b\n2. Uniswap can increase liquidity in the pools up to 5x. That means more volume will be traded and more fees will be generated.", "hidden": false, "question": "What benefits will this project bring to Uniswap in the Arbitrum ecosystem?", "questionId": 8}, {"type": "short-answer", "answer": "Yes, we have performed an audit with Certik \u2013 https://skyharbor.certik.com/shared-report/2ac8f5cd-eee3-4332-af7d-833ab56dc7d0", "hidden": true, "question": "Has this project undergone a security audit? If not, are you planning to undergo it?", "questionId": 9}, {"type": "short-answer", "answer": "https://github.com/yldrcom", "hidden": false, "question": "Is this project open-source? (If yes, share the repository link).", "questionId": 10}, {"type": "paragraph", "answer": "1. Kanban workflow\nWe use Kanban as it is efficient for a small team and helps to deliver features faster and to be user-oriented.\n\n\n2. Daily stand-up\n\n3. Foundry\n\n4. Github\n\n5. Figma \n\n6. Gnosis Safe\n\n7. Slack\n\n8. Tenderly\n\n9. Chainstack\n\n10. Chainlink oracles", "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": "we are already live, you can check https://yldr.com/", "hidden": true, "question": "Does this project have a demo? If yes, share a public link.", "questionId": 12}, {"type": "short-answer", "answer": "Uniswap Liquidity Providers", "hidden": true, "question": "What is the target audience for this project? (Mention if there is a market launch plan).", "questionId": 13}, {"type": "paragraph", "answer": "1. Ivan Roptanov \u2013 product manager\n\n2. Arsenii Kulikov \u2013 blockchain and backend developer\n\n3. Yurii Sukhomlimov \u2013 frontend developer", "hidden": false, "question": "Who are the members of the team?", "questionId": 14}, {"type": "paragraph", "answer": "1. Ivan Roptanov \u2013 product manager\nIvan has been working in the Blockchain industry since 2017. He has experience with building both centralized and decentralized exchanges. The most known product Ivan has been building is coin360.com.\n\n2. Arsenii Kulikov \u2013 blockchain and backend developer\nArsenii is the main blockchain developer who has 4+ years of experience in developing smart contracts for providing liquidity and NFTs. \n\n3. Yurii Sukhomlinov \u2013 frontend developer\nYurii has over 20 years of experience working with both backend and frontend. Yurii has worked with multiple products but the main expertise is in building online banking. ", "hidden": true, "question": "Describe team members' experience and current roles for this project.", "questionId": 15}, {"type": "paragraph", "answer": "**1. Create a Uniswap position from the YLDR interface**\n\nDeadline: 14th of February\n\nDescription: YLDR users will have the option to open the Uniswap position directly from the YLDR interface and leverage this position in few clicks.\nThis will help to acquire those users who don't have an LP position yet. \n\nHow we will make sure to deliver it: we have a professional team that has been working with providing liquidity to Uniswap pools for the last 2 years. Using Kanban workflow we will track all the milestones to be sure that we'll deliver this feature in time.\n\n\n\n**2. The total supplied amount is more than $500,000**\n\nDeadline: April 2024\n\nDescription: To let liquidity providers leverage larger positions we need to acquire those who will become lenders on our platform.\n\nHow it will be achieved: \nWe see that liquidity providers are willing to pay up to 50% APY to create leverage for their Uniswap positions. \nWe will run a marketing campaign to acquire lenders. \nIf those campaigns don't give us the expected result then we will increase the borrowing rate so more lenders will be ready to provide their liquidity on YLDR.\n\n\n**3. The total amount borrowed is more than $300,000**\n\nDeadline: April 2024\n\nDescription: We need to acquire more liquidity providers who are willing to create leverage for their Uniswap position or get a loan against it.\n\nHow we will achieve it:\nWe will run marketing campaigns using Debank messaging, Twitter Ads, YouTube sponsored videos, CPM networks, paid banners on Uniswap fees calculators (Poolfish, Buildrmetrics, etc), and paid articles. \nWe've already spent around $10,000 on marketing which resulted in more than $120,000 being borrowed for either leveraging or getting a loan against Uniswap's position.", "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": "We have a proof of concept.\nAs I mentioned before, we've launched only one month ago and spent only $10,000 for marketing but already managed to acquire more than 80 liquidity providers who have leveraged their Uniswap position or got a loan against it. \nAnd it has also resulted in more than $120,000 being borrowed on our platform.\nWe see that our product is useful for liquidity providers but we need to make it better and to perform larger marketing campaigns. ", "hidden": false, "question": "How do you plan to reach these milestones? (Explain the project feasibility).", "questionId": 17}, {"type": "multiple-choice", "answer": "No", "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": "Uniswap foundation", "hidden": true, "question": "How did you find out about UAGP?", "questionId": 21}, {"type": "paragraph", "answer": "We are pleased to participate in this Grant program.\nWe are sure that liquidity providers will find YLDR handy for multiplying LP returns.", "hidden": true, "question": "Additional information", "questionId": 22}, {"type": "short-answer", "answer": "Even if we don't get a grant we would like to hear your feedback!", "hidden": true, "question": "Special requests", "questionId": 23}], "project": {"id": "42161:0x73AB205af1476Dc22104A6B8b3d4c273B58C6E27:416", "title": "YLDR", "logoImg": "bafkreicfjcu3uuemfybqjvqq3egjxpt4tj65m6k67dzfrfrkecsrb5bhvq", "metaPtr": {"pointer": "bafkreifjl4ec7exmadxuafeatb2qugp7dqvfbii4gnl2ckew2a56kqq5iy", "protocol": "1"}, "website": "https://yldr.com", "bannerImg": "bafkreifnn3554rm6tdco4umdtce4lgvrqrqaf2bfroucasmfsdwj52bl5a", "createdAt": 1703637087089, "userGithub": "", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..vNjDnGYWmypxV5K5ZGj1TnR2tNqyt8bcipdW1BDo8iv2j-JNbvrXwxEARa6wWrAJETvFJwGeI_oDjqHX0_dJDA", "type": "Ed25519Signature2018", "created": "2023-12-27T00:28:15.343Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-12-27T00:28:15.343Z", "expirationDate": "2024-03-26T00:28:15.343Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xF835b9a2A3D15b4320d1e9F3FDBA8487b4f546AE", "hash": "v0.0.0:IeyZ7U+khNGhzZdBygNsbt8WwL7COPOz4xcJycbbSEA=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#yldrcom"}}}, "description": "Hello,\n\nMy name is Ivan Roptanov I'm a product owner at yldr.com.\nLet me introduce our product.\n\n\n**What is YLDR?**\nYLDR \u2013 is a lending protocol for Uniswap. \nIt allows liquidity providers to:\n\n1. Leverage Uniswap V3 position up to 5x to earn more trading fees\n2. Use the Uniswap V3 position as collateral to get a loan against it.\n\n\n\n**Current problem**\nWhen a user creates an LP position he cannot use this liquidity anymore. This liquidity is only used for trades.\n\nHowever, we can see LP's position as an asset that can be used as collateral to create a leveraged position or get a loan. \n\n\n\n**How YLDR is helping the Uniswap ecosystem?**\nWhen a user creates a leveraged position he puts more liquidity in a pool. Which results in:\n1. Better price\n2. Less slippage\n\n\n\n**Win-win for all parties involved**\nYLDR protocol resolves issues for all parties:\n1. Liquidity providers may increase their earnings\u001b\n2. Uniswap can increase liquidity in the pools up to 5x. That means more volume will be traded and more fees will be generated.\n\n\n**Current state of the product**\nWe launched on the 20th of December and already created leveraged positions for more than $50k.\n\n\nWill be happy to discuss more details.\n\nHope to hear from you soon!\n\nBest regards,\nIvan Roptanov\nTelegram: @ivan_yldr\nroptanov@gmail.com", "lastUpdated": 0, "projectGithub": "yldrcom", "projectTwitter": "yldrcom"}, "recipient": "0x6C1E90F219DE736167036e9aBDE81ec8cd7b2DaF"}}