Grant for developing the infrastructure to establish a Smart Treasury for idle.finance
1. Abstract
Establishing a smart treasury for IDLE will help foster healthy long-term growth for the protocol, and provide value incentives for $IDLE holders over time while providing utility to the ecosystem. The initial idea for a smart treasury was described in an article by Placeholder VC link, which facilitates a buyback and make model.
4. Application Window
The dev application window will open from when this post is created and will end on Monday 2020-12-21T00:00:00Z. This may be extended up to 24 hours.
5. Snapshot poll Once candidates have been collected a snapshot poll will be posted to vote on who will be selected Link: null
How to apply
To apply, candidates should provide the following information:
Bio & Background : Briefly introducing yourself (or the team) and past works. Applicants can remain anonymous, but past works should be mandatory to evaluate the skills of the developer.
Technology Specs : Specify tech & approach you will use to develop the Proposal
Budget : Provide a quote in $USD to deliver the Proposal
Timeline : Provide a roadmap/timeline for the assignment
Hello Friends
Our team is the collective ZUNI. We are ready to serve the greater crypto community, and upon the recommendation of Jeremy Musighi, we are eager to submit an application for this grant.
We have already built a Smart Treasury as described in the Placeholder VC paper, and are continuing to build out infrastructure for the ongoing use of a Smart Treasury.
You can review our Zuni Treasury Contract at
We combined ZUNI-specific logic with passthrough functions to the underlying Balancer Smart Treasury. This approach allows for Protocol-specific logic to be stacked on top of the core Balancer Smart Treasury.
We can deliver a working base implementation with 2 weeks, and provide ongoing tech support and feature development as we test and roll out more Smart Treasury Infrastructure for our own use. We will also share ongoing data and strategies from our experiences in managing the Zuni Smart Treasury.
The Budget is flexible, with an initial payment to engage our Community and another payment upon completion. The grant would be paid into the ZUNI Smart Treasury So we can all continue to learn how these things work
If you are interested to discuss further, let us know.
Hi @zuniswap, welcome to Idle Forum!
Your application is definitely interesting, I’m sure that you will be featured in the shortlisted applicants for the Snapshot Poll - and the fact that you already developed a Smart Treasury is a nice-to-have background.
I just advice you to provide a quote in USD about the job, as it is a mandatory detail. Don’t be scared, you can always edit the requests if you think that the scenario is changed
This first Grant Proposal probably can not pay in advance part of the compensation, but payment is expected few days after the delivery of the code, when the Proposal lands on-chain. The community already expressed the desire to implement it so the process will be as fast as possible
Hello Davide, Thank you.
Yes, our core dev team is quite familiar with the Balancer codebase. Do you have a rough sense of the Grant budget?
Also, it would be necessary to obtain some portion of the Grant up front to begin the work, since our community has limited resources we must be mindful of commitments and maintain a mutual level of clarity, seriousness, and rigor in terms of any expectations and timelines.
Looking forward to future collaboration, on this or something else!
I’d be interested in applying for this grant also. I have a background in software engineering, and have just completed my Masters. I have been following crypto for about 7 years now, and know the concepts of crypto very well. I don’t have much practical experience coding in solidity, but I have been learning. I have experience coding in python, c#, c, javascript, and java.
I feel most comfortable developing the feeCollector contract, though I feel I could also develop the bootstrap contract if needed.
I would be using solidity 0.7.5 to develop this code using the truffle suite, and ganache-fork for local development/testing. I can release all my code as open-source, as I would likely be needing some feedback before code goes to governance.
Re budget, I think 1000 IDLE is fair if I were to develop both contracts, otherwise 550 IDLE, either of which I am happy to claim after governance vote.
Re timeline, I can have a prototype finished within a week, after which I would like to initiate some sort of review process with other devs who can give their feedback. I expect this process to take a week or two. So up to 3 weeks in total.
Please @8bitporkchop let us know if you have any technical questions about Balancer! We are excited to see you building this =)
PS: this is Fernando Martinelli from Balancer
So we can all continue to learn how these things work 
