Grant Proposal Application - TriAngle DAO, the Borrowing and Lending Protocol for CFX Backed Algorithmic Stablecoin

Thanks @Grants_Committee for the confidence in our project, stay tuned!

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Funding Tier:

Tier 2- 3 - Funding amount requested- $ 65K

Grant Milestones:

Milestone 1: Website & APP & Front-End – Milestone 2 Grant Budget ($3k)

1a. UI/UX Design of All New Interfaces

1b. Product and UX / UI reviews & Improvements

1c. Web App Development

1d. Conflux Testnet Deployment

1e. App Testing

1f. Bug Fixes

1g. Conflux Mainnet Deployment

1h. Website v1.0 - Complete Official Website

Milestone 2: Backend– Milestone 3 Grant Budget ($2k)

2a. Smart Contract Development with Innovative Features

2b. Testnet Deployment of All New Functions

2c. Functional Testing

2d. Code Review

2e. Code Improvements

2f. Protocol Data Statistic Analysis Tool

Milestone 3: Testnet deployments – Milestone 3 Grant Budget ($2k)

3a. TriAngle Protocol on Conflux Testnet (Improved based on Liquity Protocol)

3b. TriAngle Tokenomics related Protocols

3c. Brand New App with Following Additional Functions: Mining Pool

Milestone 4: Mainnet – Milestone 4 Grant Budget ($15k)

4a. TriAngle Protocol on Conflux Mainnet

4d. Smart Contract Audit

4c. Completed App

4d. Community onboarding

  • Post in grant awardees outlining grant + deliverables
  • AMAs in at least 5 Conflux local groups: such as Vietnam, Turkish, LatAm, France and etc.

4e. AMA in Conflux ecosystem community: such as FLUX, Phantom and etc.

Milestone 5: Marketing – Milestone 5 Grant Budget ($43k)

5a. 4+ Medium Articles Including: Step-by-step Tutorials & Marketing Activity Tutorials

5b. Active Social Channels (Twitter, Telegram, Discord)

5c. Liaise with Media Outlets & 2+ PR Press Releases

5d. Daily Interactions with Community, Community Members 500+

5e. Twitter followers 2000+

5f. Pre-launch & Post main-net launch Marketing Activities

5g. 1 Video Tutorial on YouTube

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It seems to me that you already have a v1.0 official website.

Could you please go into some details about the innovative features you’re planning to roll out?

What kinds of metrics will you be looking at? Is this tool for internal use only?

There’s some overlap between milestones 2 and 3. What is the main difference in terms of the deliverables?

The budget for this milestone is an outlier compared to the other milestones. I’m not sure the activities you listed cost this much. What justifies $43k?

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Thank you for your great suggestions! Here is the updated version includes detailed breakdown of Tier 2- Tier 3 deliverables.

Development Cost not Included

Milestone 1: Front-End – Milestone 1 Grant Budget ($3k)

1a. UI/UX Design of All New Interfaces

1b. Product and UX / UI reviews & Improvements

1c. Front-End Development

1d. Front-End Bug Fixes

Milestone 2: Backend– Milestone 2 Grant Budget ($2k)

2a. Smart Contract Development with staking features

2b. Backend Development

2c. Code Review and Improvements

2d. Protocol Data Statistic Tool

Milestone 3: Testnet – Milestone 3 Grant Budget ($2k)

3a. TriAngle Protocol Deployed on Conflux Testnet

3b. App Testing

3c. Functional Testing

3d. Testnet Bug Bounty Activity

Milestone 4: Mainnet – Milestone 4 Grant Budget ($15k)

4a. TriAngle Protocol Deployed on Conflux Mainnet

4b. Smart Contract Audit

4c. Website v1.0 - Complete Official Website

4d. Community Onboarding

  • Post in grant awardees outlining grant + deliverables
  • AMAs in at least 5 Conflux local groups: such as Vietnam, Turkish, LatAm, Russia and etc.

4e. AMA in Conflux ecosystem community: such as FLUX, Phantom and etc.

Milestone 5: Marketing on Multi-Chains – Milestone 5 Grant Budget ($43k)

Social & Community:

5a. 8+ Medium Articles: announcements, mechanism explanation, step-by-step tutorials, marketing activities, partnerships and etc.

5b. Active Social Channels & Daily Interactions with the community

5c. 2+ YouTube Videos Production (Project Overview & Tutorials)

5d. Paid Ads to drive traffic to TriAngle Protocol

5e. Twitter Followers & Community Members all together reaching 20,000 in size

PR:

5f. Influencers & Journalists Cooperations: Videos & PR posts & KOL announcements

5g. Liaise with Media Outlets & PR Press Releases

5h. Event Sponsorship

Marketing Activities:

5i. Pre-launch & Post-launch Marketing Activities: Bug Bounty & Twitter Post Sharing Contests to generate public traffic

5j. Raffles & Airdrops

5k. Weekly AMA with Global Communities.

Note: also considering cooperating with several Conflux projects to execute the marketing activities.

Business Development:

5l. Listing in the CEXs

5m. Business Partnerships with top DEX & lending protocols in leading blockchains

5n. Liquidity Initialization

5o. Oracle: such as Chainlink, Witnet

5p. Ads & Promotions on the other blockchain

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Hi, Peter. Thanks a lot for your great questions! We’ve updated a detailed breakdown of Tier 2-Tier 3 deliverables which addresses your questions, please kindly check here: Grant Proposal Application - TriAngle DAO, the Borrowing and Lending Protocol for CFX Backed Algorithmic Stablecoin

In case you need more explanation on any specific deliverable, please feel free to let us know.

Could you please break down the marketing costs? Thanks

Hi @TriAngleDAO, can you please give a more detailed breakdown into your marketing budget. How is the $43,000 broken up between social & community + PR + campaigns? Are you planning on hiring a PR team? What event sponsorship are you planning on doing? Is business dev included in the $43,000?

Also, when are you expecting to complete Tier 2 and Tier 3 by? It would be good to get your marketing budget breakdown in a spreadsheet.