Grants Program Post Mortem

Executive Summary

The JUP DAO grants program was established with a $150k budget through a successful DAO vote. The program was designed as a stepping stone to help DAO contributors make progress towards a trial workgroup, with the flexibility needed for co-creation and adaptation.

Overall, this initial run of the grants program was modestly successful, with many grant recipients increasing their involvement in the DAO either through progressing to a trial workgroup or joining up with other initiatives at the conclusion of their grant.

Below is the breakdown of issued grants.

Initiative Outcomes

Concluded Initiatives

1. Catalytics (became Devrel)

Grant Amount: $5,000 + $7,500

Team: Konstantinos, Fiji, Dann

Deliverables: Created analytics platform with general governance-related data

Evolution: Successfully evolved into the DevRel Working Group (DRWG), focusing on bridging the gap between core development team and technical community

Case study: DevRel Work Group Case Study - Working Groups - Jupiter Research

2. Jupiverse Design Labs

Grant Amount: $5,500 + $8,500

Team: Adedamola, Joyce, Kira, Design Anarchy

Deliverables: Created a standardized design system, collaborated with other initiatives on design materials, educated the community about design basics

Evolution: Transformed into the Design & Art Work Group, responsible for building cohesive visual identity, design systems, and UI/UX standards for Jupiter DAO

Case study: Design & Art Work Group Case Study - Working Groups - Jupiter Research

3. Jupiter Horizon

Grant Amount: $3,400

Team: Liam

Scope: Created an AI bot that consumed all of the information within the Jupiverse to provide community and informational support

Status: Joined DevRel Trial Work Group as a grantee

4. Product Hub

Grant Amount: $3,000

Team: Ray

Scope: Focused on improving product development processes and user experience frameworks

Status: Became a contributor to the Jupiter Team and Core Work Group

5. Nigeria Meetup

Grant Amount: $370

Team: Southen

Scope: Building local community engagement and education programs in Nigeria

Status: Started the JUP Nigeria Regional Initiative

6. JUP in Naija

Grant Amount: $5,800 + $10,000

Team: Duke

Scope: Expanding Jupiter’s presence in Nigeria through events, education, and community building

Status: Joined JUP Nigeria Regional Initiative as a lead

7. JUP Chinese

Grant Amount: $8,000

Team: Cassie, Enna

Scope: Creating Chinese language resources and building community in Chinese-speaking regions

Status: Grant concluded. Pending Regional Initiatives updates.

Conclusion report: Chinese Initiative Regional Grant Conclusion & Report - Jupiter DAO - Jupiter Research

8. JUP Indonesia

Grant Amount: $8,000

Team: Feyber, Aulia

Scope: Developing Indonesian community initiatives and localized content

Status: Status: Grant concluded. Pending Regional Initiatives updates.

9. Thread University

Grant Amount: $6,000

Team: Fabiano, Jussy, Ashen

Scope: Educational initiative focused on teaching Jupiter DAO members how to build their presence on X

Status: Concluded

10. DeFi JUP Jam

Grant Amount: $8,000

Team: WTP, Aro, Mirea

Scope: Educating Jupiter DAO about Jupiter products with guides and live streams

Status: Concluded

11. Jupiverse Music Records

Grant Amount: $10,000

Team: Preballin

Scope: Creating music-based initiatives and content for the Jupiter community

Status: Working on a project with the Jupiter Team

12. Video Content

Grant Amount: $2,000

Team: Ordi

Scope: Creating promotional video content for Jupiter DAO

Status: While he continues making videos as per the terms of his grant, he has joined up with the ongoing Product Academy initiative below.

Ongoing Initiatives

1. JupSync

Grant Amount: $10,000

Team: Jurek, Degen

Scope: Working on synchronization and information propagation tools for Jupiter ecosystem

Status: In Progress

2. Product Academy

Grant Amount: $10,000

Team: Lochie, Klbkch

Scope: Developing clear, accessible video tutorials for Jupiter products

Note: The team has also seeded this group with an additional $5k to have Lochie run an experimental initiative that runs tangentially to this grant group

Status: In Progress

3. Talent Support

Grant Amount: $10,000

Team: Mic, Marja

Scope: Supporting talent and facilitating grant applications in the Jupiverse, and helping identify and nurture talent within the DAO

Status: In Progress

4. Bug Crush

Grant Amount: $10,000

Team: Maggie

Scope: Organize a bug bounty program for Jupiter products

Status: In Progress

5. Jupiter User Experience

Grant Amount: $5,000

Team: Sambino

Scope: Establish comprehensive product feedback pipelines.

Status: In Progress

Financial Overview

Total Summary

  • Total Amount Distributed: $136,070
  • Total Concluded Grants: $91,070
  • Ongoing Projects: $45,000
  • Remaining funds: $13,930 (to be returned to the DAO treasury)

Further Details

It is important to note, that the first three grantees were dispersed prior to establishing the official grant multisig. Those transactions can be found below:

Date Amount Type Reason Tx
31.10.2024 6,000.00 USDC Jupiter Thread University Grant link
31.10.2024 10,000.00 USDC Jupiverse Music Records Grant link
03.11.2024 8,000.00 USDC DeFi JUP Jam Grant link

The list of inflow and outflow transactions from the dedicated grants wallet can be found below. As you can see, the list of inflow transactions into the official grant mutlisig is straightforward, containing only three minor SOL transactions for gas fees and one USDC transaction.

Inflow
Date Amount Type Reason Tx
10/29/2024 0.001 SOL SOL for TX fees link
10/29/2024 0.1 SOL SOL for TX fees link
11/7/2024 0.05 SOL SOL for TX fees link
11/7/2024 126,000 USDC Remaining funds tranferred to the Grants Wallet link

The list of outflow transactions contains the full register of outgoing transfers to grant recipients starting from November 20, 2024. It includes every grant except the initial 3, which are those detailed in the table above.

Outflow
Date Amount Type Reason Tx
11/20/2024 3,400 USDC Jupiter Horizon Grant link
11/27/2024 370 USDC Nigeria Meetup Grant link
12/3/2024 2,900 USDC JUP in Naija Grant 1 Partt 1 link
12/11/2024 5,500 USDC Jupiverse Design Labs Grant 1 link
12/14/2024 2,900 USDC JUP in Naija Grant 1, Part 2 link
12/31/2024 3,000 USDC Product Hub Grant link
1/6/2025 5,000 USDC Catalytics Grant link
2/8/2025 8,500 USDC Jupiverse Design Labs Grant 2 link
2/11/2025 8,000 USDC Jupiter Chinese Grant link
2/19/2025 2,000 USDC Video Content Grant link
2/22/2025 7,500 USDC DevRel Grant link
3/3/2025 10,000 USDC JUP in Naija Grant 2 link
3/14/2025 8,000 USDC Jupiter Indonesia Grant link
4/29/2025 10,000 USDC Grants and Talents Support Grant link
5/5/2025 10,000 USDC JUPSync Grant link
5/13/2025 10,000 USDC Jupiter Product Academy Grant link
5/28/2025 5,000 USDC BugCrush Grant Part 1 link
6/4/2025 5,000 USDC BugCrush Grant Part 2 link
6/10/2025 5,000 USDC JUX Grant link

As of this moment the Grants Program Wallet holds $13,930 USDC, which is intended to be returned to the Jupiter DAO Treasury.

Conclusion

The core mission of Jupiter DAO Grants Program was to foster initiatives by identifying and supporting talent within the DAO who actively stepped up and began contributing to the Jupiverse. So far, the grants system has transformed several ideas into mature initiatives in addition to furthering community involvement in the Jupiverse, though there is still considerable room for improvement.

One of the most valuable aspects of becoming a Jupiter DAO Grantee was the opportunity to collaborate closely with established groups in the DAO and the Jupiter team.

We would like to thank all participants of the Grants Program for their efforts in enhancing the Jupiverse. While the next iteration of the Grants Program will likely take on a different structure and form, we hope and believe it will continue to provide value to Jupiter DAO.

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