In Cycle 14 of the Optimism Grants program, a total of 97 grant applicants participated, showcasing sustained interest and enthusiasm for innovative projects. The program emphasizes fostering innovation within the Optimism Collective to support the growth of public goods.

In this article, we will present you the finalists & how us, as users, could benefit from their OP Grants.

Here's an overview of the winners in both the Experiments and Builders categories:

Experiments:

1. Clearpool (150k OP)

2. Clique (100k OP)

3. Idle (150k OP)

4. Invest in Music (5k OP)

5. Let’s Get Hai (100k OP)

6. Liquity (150k OP)

7. Mutual (35k OP)

8. Octav (45k OP)

9. Qubit Wallet (50k OP)

10. Wombat Exchange (150k OP)

Builders:

1. Culture Blocks (4k OP)

2. DappyKit (50k OP)

3. DeCommas (40k OP)

4. EUROe (44.5k OP)

5. GasHawk (40k OP)

6. Grindery Delight (10k OP)

7. growthepie (35k OP)

8. Hamster (40k OP)

9. Launchcaster (25k OP)

10. Liquid Resilience (20k OP)

11. Locksmith (50k OP)

12. NFTScan (35k OP)

13. Meta Game (38.8k OP)

14. OnlyDust (50k OP)

15. SafeSwap (20k OP)

16. Solid Grinder (25k OP)

17. Solidity Survivor (32.1k OP)

18. Upnode (30k OP)

Let’s know about the biggest of them.

Clearpool is a decentralised finance ecosystem incorporating the first-ever permissionless marketplace for institutional liquidity. Driven by market forces of supply and demand, Clearpool’s single-borrower pools enable institutions to raise short-term capital while providing DeFi lenders access to risk-adjusted returns based on interest rates derived by market consensus.

• The first decentralized credit marketplace.

• 422,674,843.59 loans originated.

How you can use it:

- Crypto lending

Earn compounding interest on every block by lending to vetted institutions.

• Dynamic risk-adjusted interest rates

• No lockup – withdraw anytime

• Autocompounding yield

- Staking

Stake CPOOL to help secure Clearpool's interest rate mechanism.

• Stake CPOOL to a Clearpool Oracle pool

• Share your opinion on interest rate voting

• Earn a yield on your staked CPOOL

- Bridge

Securely transfer CPOOL between Ethereum & Polygon chains.

• Ethereum & Polygon supported

• Single transaction operation

• Secure & audited technology

They are distributing the grant via liquidity mining incentives across different dynamic borrower pools (trading firms + fintechs). They aim at achieving $25m+ TVL on Optimism. They aim to distribute 25k OP per month over 6 months, which at current price would result in an additional 2.2% OP APR at $20m and 1.5% at $30m TVL (see table below)

Being mindful of unnecessarily high rewards, we propose to cap total APR at 15% (and therefore OP rewards at a max of 5%). Any OP tokens not used during the 6 months campaign shall be returned to the Optimism Foundation or alternatively used for a different campaign. Any different campaign will be confirmed and approved by the Optimism foundation. 

Over what period will the tokens be distributed for each initiative?
Tokens will be distributed over a period of 6 months.

Clique is building a new type of primitives, identity oracles, that bring arbitrary private web2  data on-chain in a trust-minimized way. This includes end users’ personal identity and behavior data, institutional private financial data, AI inference results, or any other private API data and off-chain computation output. Underneath, we built a modular oracle stack composed of ZKP, TEE, and MPC, with the former ensuring identity anonymity and data confidentiality, and the latter two ensuring data integrity and provenance. 

Currently, our Oracles support 200+ distinct oracle pipelines from 15+ web2 platforms (social media, content platforms, games, KYC/fintech API providers) with highly customizable trust assumptions. In addition, our customers can use our oracle SDK to develop arbitrary web2 API integration and off-chain private computation modules with a few lines of code.

100% of tokens will be distributed to users.

Distribution Strategy:

• Multiple Prize Pools:

  Main Prize Pool = Sum of every leaderboard to recognize the true Optimism DeFi Power Users.

  Each Action-Based Competition will have two confirmed prize pools.

  a) The top 20% will get the reward split between them in terms with regards to the Event’s main leaderboard.

  b) Everyone including the top 20 % will be eligible to take part in a competitive raffle where there will be a fixed number of winners.

  c) [TBD] At the protocol level, we will also urge them to set up two reward pools where the top 10% are distributed the rewards w/ regards to EXP & also a competitive raffle where there will be a fixed number of winners ONLY for those who participated in that protocol’s task.

  Feedback Pool - we will provide the data to the individual protocols & work with them on a survey.

Wombat Exchange - swap stablecoins at minimal slippage and stake at maximum yield. Just one stablecoin currency to earn it all.

Wombat Optimism plan:

• Launch of Wombat main pool on Optimism for beta testing with the initial pools being USDT, USDC and DAI with a pre-launch marketing campaign (with incentives to try liquidity provisions, swaps and social engagements funded by Wombat) with liquidity provision incentives (funded with the grant).

• Informing the Wombat community and users through Discord, Telegram and Twitter of the beta testing opportunity.

• Launching of partnership pools once beta testing is complete with Wombat’s existing partners such as Stader and Frax, and our ecosystem projects such as Wombex, Magpie and Quoll, with a full launch marketing campaign (funded by Wombat and/or ecosystem projects) with liquidity provision incentives (LP incentives funded by the grant). Marketing campaigns will be conducted on all of Wombat’s socials such as Twitter, Discord and Telegram, and most Optimism community channels. Medium articles and PR articles covering the launch will also be published amplifying the launch, such as social content/amplification competitions.

• Launching Wombat cross-chain OP pools with a full marketing campaign (funded by Wombat) with liquidity incentives (funded by the grant) with Wormhole.

• Launch quests on learn-do-earn and marketing platforms to educate users into trying to provide liquidity and perform swaps on Wombat and cross-platforms through our ecosystem projects to educate new users to try Wombat OP (funded by Wombat).

These grant recipients represent a diverse group of innovative projects that have been deemed well-suited to receive support within the parameters of Season 4 governance. The Council looks forward to supporting these projects as they continue to grow and contribute to the Optimism ecosystem. Congratulations to all the grant winners!

In Cycle 14 of the Optimism Grants program, a total of 97 grant applicants participated, showcasing sustained interest and enthusiasm for innovative projects. The program emphasizes fostering innovation within the Optimism Collective to support the growth of public goods.

In this article, we will present you the finalists & how us, as users, could benefit from their OP Grants.

Here's an overview of the winners in both the Experiments and Builders categories:

Experiments:

1. Clearpool (150k OP)

2. Clique (100k OP)

3. Idle (150k OP)

4. Invest in Music (5k OP)

5. Let’s Get Hai (100k OP)

6. Liquity (150k OP)

7. Mutual (35k OP)

8. Octav (45k OP)

9. Qubit Wallet (50k OP)

10. Wombat Exchange (150k OP)

Builders:

1. Culture Blocks (4k OP)

2. DappyKit (50k OP)

3. DeCommas (40k OP)

4. EUROe (44.5k OP)

5. GasHawk (40k OP)

6. Grindery Delight (10k OP)

7. growthepie (35k OP)

8. Hamster (40k OP)

9. Launchcaster (25k OP)

10. Liquid Resilience (20k OP)

11. Locksmith (50k OP)

12. NFTScan (35k OP)

13. Meta Game (38.8k OP)

14. OnlyDust (50k OP)

15. SafeSwap (20k OP)

16. Solid Grinder (25k OP)

17. Solidity Survivor (32.1k OP)

18. Upnode (30k OP)

Let’s know about the biggest of them.

Clearpool is a decentralised finance ecosystem incorporating the first-ever permissionless marketplace for institutional liquidity. Driven by market forces of supply and demand, Clearpool’s single-borrower pools enable institutions to raise short-term capital while providing DeFi lenders access to risk-adjusted returns based on interest rates derived by market consensus.

• The first decentralized credit marketplace.

• 422,674,843.59 loans originated.

How you can use it:

- Crypto lending

Earn compounding interest on every block by lending to vetted institutions.

• Dynamic risk-adjusted interest rates

• No lockup – withdraw anytime

• Autocompounding yield

- Staking

Stake CPOOL to help secure Clearpool's interest rate mechanism.

• Stake CPOOL to a Clearpool Oracle pool

• Share your opinion on interest rate voting

• Earn a yield on your staked CPOOL

- Bridge

Securely transfer CPOOL between Ethereum & Polygon chains.

• Ethereum & Polygon supported

• Single transaction operation

• Secure & audited technology

They are distributing the grant via liquidity mining incentives across different dynamic borrower pools (trading firms + fintechs). They aim at achieving $25m+ TVL on Optimism. They aim to distribute 25k OP per month over 6 months, which at current price would result in an additional 2.2% OP APR at $20m and 1.5% at $30m TVL (see table below)

Being mindful of unnecessarily high rewards, we propose to cap total APR at 15% (and therefore OP rewards at a max of 5%). Any OP tokens not used during the 6 months campaign shall be returned to the Optimism Foundation or alternatively used for a different campaign. Any different campaign will be confirmed and approved by the Optimism foundation. 

Over what period will the tokens be distributed for each initiative?
Tokens will be distributed over a period of 6 months.

Clique is building a new type of primitives, identity oracles, that bring arbitrary private web2  data on-chain in a trust-minimized way. This includes end users’ personal identity and behavior data, institutional private financial data, AI inference results, or any other private API data and off-chain computation output. Underneath, we built a modular oracle stack composed of ZKP, TEE, and MPC, with the former ensuring identity anonymity and data confidentiality, and the latter two ensuring data integrity and provenance. 

Currently, our Oracles support 200+ distinct oracle pipelines from 15+ web2 platforms (social media, content platforms, games, KYC/fintech API providers) with highly customizable trust assumptions. In addition, our customers can use our oracle SDK to develop arbitrary web2 API integration and off-chain private computation modules with a few lines of code.

100% of tokens will be distributed to users.

Distribution Strategy:

• Multiple Prize Pools:

  Main Prize Pool = Sum of every leaderboard to recognize the true Optimism DeFi Power Users.

  Each Action-Based Competition will have two confirmed prize pools.

  a) The top 20% will get the reward split between them in terms with regards to the Event’s main leaderboard.

  b) Everyone including the top 20 % will be eligible to take part in a competitive raffle where there will be a fixed number of winners.

  c) [TBD] At the protocol level, we will also urge them to set up two reward pools where the top 10% are distributed the rewards w/ regards to EXP & also a competitive raffle where there will be a fixed number of winners ONLY for those who participated in that protocol’s task.

  Feedback Pool - we will provide the data to the individual protocols & work with them on a survey.

Wombat Exchange - swap stablecoins at minimal slippage and stake at maximum yield. Just one stablecoin currency to earn it all.

Wombat Optimism plan:

• Launch of Wombat main pool on Optimism for beta testing with the initial pools being USDT, USDC and DAI with a pre-launch marketing campaign (with incentives to try liquidity provisions, swaps and social engagements funded by Wombat) with liquidity provision incentives (funded with the grant).

• Informing the Wombat community and users through Discord, Telegram and Twitter of the beta testing opportunity.

• Launching of partnership pools once beta testing is complete with Wombat’s existing partners such as Stader and Frax, and our ecosystem projects such as Wombex, Magpie and Quoll, with a full launch marketing campaign (funded by Wombat and/or ecosystem projects) with liquidity provision incentives (LP incentives funded by the grant). Marketing campaigns will be conducted on all of Wombat’s socials such as Twitter, Discord and Telegram, and most Optimism community channels. Medium articles and PR articles covering the launch will also be published amplifying the launch, such as social content/amplification competitions.

• Launching Wombat cross-chain OP pools with a full marketing campaign (funded by Wombat) with liquidity incentives (funded by the grant) with Wormhole.

• Launch quests on learn-do-earn and marketing platforms to educate users into trying to provide liquidity and perform swaps on Wombat and cross-platforms through our ecosystem projects to educate new users to try Wombat OP (funded by Wombat).

These grant recipients represent a diverse group of innovative projects that have been deemed well-suited to receive support within the parameters of Season 4 governance. The Council looks forward to supporting these projects as they continue to grow and contribute to the Optimism ecosystem. Congratulations to all the grant winners!