{"signature": "0x1fd1dd39a582f0b6a56f4559f3ee753ba385b2c792530d1094b7e609899e5e3d071270be5b29c3db0b7d511e5395c2fce0cbefce89ff9c498398ff917ba053ee1b", "application": {"round": "0xf50fa2dc5cbe583670323bc5acdeb02c447cd8b3", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "dzZODV+KY/GnWu+jOD6z00J+oHRDNh8/llWHOwbaoQ5kK+YE5BYTxg7iPGjh1wFV", "encryptedSymmetricKey": "571139071c38832c3778b38364bb7f4a76c0585586bd38b8349528443bb89bebdbbc44da0db852d3c8852728495a6e15bb6f8a4abfa0ffbcbaae8fd92b74f422f510c86b8e067c87cf23c55d1062adfc79832f72763219755f331c52055c36aabe83b24f5c2dc4c5c26243efb50a61f34ae64beca083a73529a8cf0a0e9cf3f30000000000000020f49e0119b17354e19bf304c231636549bbf529c33485df7299971206dc6ac8ad08a6375dc877607851f6eccf4bd37c90"}}, {"type": "link", "answer": "https://github.com/ghoburra/Burra-Vault-LFGHO", "hidden": false, "question": "Project GitHub Repo (Not Team Page)", "questionId": 1}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle (you can answer N/A if none)", "questionId": 2, "encryptedAnswer": {"ciphertext": "IkoYDGnCjpJu6OhFO633yyHh0F0jnDoFHCr3n7ehN2WjlaU/LwGMNDyOYodIWaE0", "encryptedSymmetricKey": "21e61b989e6dd0e91b8365f79e9b71e75a36d76cf7058bfbb01d2ebd806eac5b4609cafa859e84c1bb49c9558416e014508b7ced90e3bc59f911f485ee9e6899c2e2bbb668d05e222cb7bd36166ada151816c2d9e361f600eabe72f485f707abe34522351c8e91cc164a451f89b6a21b748b056bea78ba397aba899c09c4ea3200000000000000200b224583eb050cce4e7a95642f419c26e5851fe1254d56603c9a7a8fb53a4a44e7a74b1c81713713c0fe8113e28cbd82"}}, {"type": "link", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram)", "questionId": 3}, {"type": "paragraph", "answer": "Burra contribute to the growth and adoption of GHO stable coin. It consist of a novel strategy for a GHO facilitator that will potentially make GHO more stable and used.\n\nThe project won the 2023 edition of LFGHO hackathon. the project is yet to receive a grant and is seeking for funding to get initial traction. \n\nThe project is, and always will be, totally open sourced.\n\nThe deliverables are:\nA set of smart contracts built with Foundry implementing the dynamic described above, deployed on sepolia\nA deployed web app, so users can interact and test the contracts\nDocumentation and open repository\nTotal time needed to get done with this phase is 3 months.\n\nFunds will be used to sustain the work I\u2019ll do on the project as I\u2019m a solo, indipendent developer.", "hidden": false, "question": "Please explain how your project meets the round-specific eligibility criteria.", "questionId": 4}, {"type": "paragraph", "answer": "User Feedback and transactions on testnet!", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports.", "questionId": 5}, {"type": "short-answer", "answer": "500 USD ", "hidden": false, "question": "Total Prior Funding for the project in USD", "questionId": 6}, {"type": "multiple-choice", "hidden": true, "question": "Which of the following funding sources do you have? Check all that apply", "questionId": 7, "encryptedAnswer": {"ciphertext": "BYCsbfb3+7F4p7HtcvntpxFvL7LuMvSn1qylFueJBpU=", "encryptedSymmetricKey": "991173573c27d44f38fc6da5b9140fdfdf89ae59432485d99468ce9e25d2e21d52f7eb9d8d497de9702bf8f10925a414fd66fd29b1c04810aca12db862ed77b036a7dd06d51db2511decbb91c4ff8893d1cf78e9eaf7025b99a752b06237f991d424948f689aa11f35c04533cfac62e902f6b2d65b84f200caa4987538c5230d0000000000000020c972d1c595420f0ddaba9a4f1ac6cd245aea90a9913a21fd61741525e22b84e2c95632bf7e2016ecfb7100a98e577eac"}}, {"type": "short-answer", "answer": "1", "hidden": false, "question": "Total Team Size", "questionId": 8}, {"type": "short-answer", "answer": "6", "hidden": false, "question": "How old (in Months) is the project? (We will use Twitter, domain registration, github, etc).", "questionId": 9}, {"type": "paragraph", "answer": "N/A", "hidden": false, "question": "Profiles or socials of other main team members publicly associated with the project (N/A for solo founders):", "questionId": 10}, {"type": "dropdown", "answer": "Yes", "hidden": false, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? ", "questionId": 11}, {"type": "paragraph", "hidden": false, "question": "Is there anything else you'd like to share about your project, previous work, or other affiliations? Is there anything you'd like to add that may help determine project eligibility?", "questionId": 12}], "project": {"id": "0x9abd1e27267bf7ccc3a533c05640784be06ee4a60b19f51c4e8ffe738d9b22ce", "title": "Burra v2", "logoImg": "bafkreihnmmziuh3n6k22n6m3yjk4fznfbnpvey62wo47oosi4oz7hcbd2a", "metaPtr": {"pointer": "bafkreibmsv6r6wbxsa4kid7ezy3z2cvvzdlsmm2a5r7azz2p64qsqifvsu", "protocol": "undefined"}, "website": "https://burra-vault-lfgho-434a41.spheron.app/", "bannerImg": "bafkreihdmtjgrhh3f2kbgh3e2ca5tths5aynoht5x7xnw7poaywf5a6jby", "createdAt": 1714637993949, "userGithub": "fabriziogianni7", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..-7yf9eaVtcG9FCD6vFItlzjsB_yeOPsZJoWhC1IMBIqexp-06TAJTsKUbfIxZf623n4-2RJADJX_e7hlUqdHBQ", "type": "Ed25519Signature2018", "created": "2024-05-02T08:45:32.363Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-05-02T08:45:32.363Z", "expirationDate": "2024-07-31T08:45:32.363Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xC837F5B7E9997a80C829913e51B3609f763ab828", "hash": "v0.0.0:64joT2jZulWcvDsSde24gzgMmf953Ip238RqWJaGo00=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#ghoburra#46995085"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..818YSajxw4V_V8Pj2O3XblYqplPGVNquL3ONqPiPKKvH8puekvmnrSyJywdz4Qn7zQWMGMj04g2nX-MiVnUZDA", "type": "Ed25519Signature2018", "created": "2024-05-02T08:36:42.164Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-05-02T08:36:42.164Z", "expirationDate": "2024-07-31T08:36:42.164Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xC837F5B7E9997a80C829913e51B3609f763ab828", "hash": "v0.0.0:XDns99z/Z02PYleFrzUO0SDNpIfD/XQB1H8OR4bThNM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#ghoburra"}}}, "description": "Description\nTo continue along the lines of my hackathon winning project \u201cBurra Vault\u201d (https://www.youtube.com/live/tEKQqmg4-w8?si=YZHCt8oFVD9l0K34&t=1258), I want to propose a new version called \u201cBurra v2\u201d. Please have a look to the live demo to know more about the project I started on LFGHO hackathon.\n\nDisclaimer 1: This project is not the same I proposed at LFGHO! Burra v2 is an upgrade, more suitable for a real use case.\n\nDisclaimer 2: This Project is in an embryonal phase.\n\nWhy am I applying to the QF?\n\nThe reason I'm asking for QF is to have the resources to keep going on building Burra v2 and get some user traction to later propose it to Aave governance.\n\nBurra V2 has a GHO minting strategy aimed to keep GHO pegged to the dollar. The strategy is based on the collateral/GHO ratio and depends from the real \ufeffmarket price of GHO. when GHO price is above 1 dollar, Burra Incentivize users to borrow GHO by setting a lower Collateral/GHO ratio. this way, user will mint more GHO, GHO supply will increase, and GHO real market price will slowly come back to 1 dollar.\n\nBurra Will do the opposite when GHO price is below 1 dollar: it will set a higher collateralization ratio deterring users from minting new GHO and slowing down the growth of GHO supply. consequentially, GHO price will come back to 1 dollar.\n\nNote that the GHO protocol invariant will remain the same: GHO should always be over-collateralized.\n\nDeliverables\n\nThe deliverables are:\n\nA set of smart contracts built with Foundry implementing the dynamic described above, deployed on sepolia\n\nA deployed web app, so users can interact and test the contracts\n\nDocumentation and open repository\n\nMediatic coverage (X + Farcaster)", "lastUpdated": 0, "projectGithub": "ghoburra", "projectTwitter": "ghoburra"}, "recipient": "0xC837F5B7E9997a80C829913e51B3609f763ab828"}}