BNB Chain and PancakeSwap are looking for promising developers with a passion for building the future of governance. We invite you to participate in this grant program to create a 'meta-governance' layer on the BNB Chain's largest native DEX, PancakeSwap.
In this blog, we'll provide an in-depth overview of the task at hand, the grant program details, and essential submission requirements. We encourage all applicants to go above and beyond these minimum requirements to present the best possible case for their projects.
PancakeSwap's Q4 roadmap has exciting news – the development of Gauges Voting. These gauges, inspired by the vote-escrow model, veCAKE, will empower CAKE token holders to direct future CAKE emissions toward various liquidity pairs within the PancakeSwap protocol. Furthermore, veCAKE inherits the advantages of the original CAKE staking model, enhancing yields on liquidity farms (bCAKE), enabling revenue sharing (rCAKE), and allowing participation in decision-making within the PancakeSwap community.
On PancakeSwap, Gauges Voting will replace the current liquidity mining decision process managed by the PancakeSwap protocol. This means that the future allocation of CAKE rewards and which liquidity pools receive them will be decentralized and governed by forthcoming meta-governance protocols.
To support these promising meta-governance projects, BNB Chain and PancakeSwap offer grants to selected applicants to assist in building their meta-governance solutions.
BNB Chain and PancakeSwap will provide grants to chosen applicants, prioritizing projects scheduled to launch by the end of Q4 2023.
To be considered for the grant, your application must address the following minimum requirements:
Remember, while meeting these minimum requirements is essential, applicants are encouraged to provide additional details to strengthen their applications. For more information, please refer to the application form.
The application process can be summarized as follows:
1. Applicants submit their proposals to BNB Chain through the provided form. https://forms.monday.com/forms/19dfdde11312f1c8a3d8f8380a7e51a3?r=use1
2. BNB Chain and PancakeSwap will diligently review and respond to the proposals as they are submitted.
3. BNB Chain will contact the selected teams for in-depth discussions about the grant and its terms.
4. BNB Chain will extend the grant offer to successful applicants.
5. Applicants are strongly encouraged to aim for project launches during the fourth quarter of 2023 to increase their chances of receiving this grant.