This proposal recommends allocating 1 million FIS from the DAO treasury to foster growth and adoption of the LSaaS ecosystem. The funds will be distributed in two rounds. If no projects apply or fail to meet the criteria, the allocated FIS will return to the DAO treasury. Eligible projects will undergo a DAO governance process, and if approved by a community vote, they will receive the grant. Otherwise, the funds will be returned to the treasury.
Since the launch of LSaaS, we've integrated multiple ecosystems over the past six months, including ETH, EVM, Eigenlayer, Karak, Babylon, and more. Recently, we introduced LSaaS Modularity, a significant milestone that enables further expansion. This update allows any third party or developer to submit modules for LSaaS integration, gaining co-marketing opportunities and increased visibility and adoption.
To encourage more developers to build within the LSaaS ecosystem and drive adoption, we propose a 1 million FIS allocation from the DAO treasury to support the LSaaS ecosystem's growth.
The scope of projects eligible for submission is limited to the following:
Submission requirements include:
The proposal should include, but is not limited to, the following content:
Currently, monthly rewards are distributed to community mods for their contributions. However, given the relatively low day-to-day workload, we will shift these incentives toward LSaaS adoption efforts. Mods who successfully pitch or establish connections with new, high-quality Layer 1 projects will receive additional rewards.
Since the amounts involved are modest, these expenses will continue to be covered by the existing budget. Contributions should continue to be submitted monthly on the community forum.