Magma Finance
Magma Finance is set to become the key defi hub for the L2 Mantle ecosystem, focusing on providing deep liquidity and best swap rates through its ve(3,3) DEX, rewarding long-term participants.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:48 AM
All of the standard Gitcoin criteria preventing discrimination & fraud apply to this round
Without additional information about the team behind Magma Finance and their protocols for maintaining ethical standards, we cannot definitively conclude adherence to Gitcoin's anti-discrimination and anti-fraud criteria.
Applicants must have a proven track record on Github, Youtube, or whatever platform they share their work with at least 3 month history of consistent building.
The evaluation provided does not include sufficient information on the project's Github activity or any links to active Youtube or other platforms showing a history of consistent building for at least 3 months.
Only projects with a clearly defined connection to how they will help the Mantle ecosystem grow will be accepted
Magma Finance clearly outlines its intent to benefit the Mantle ecosystem by becoming a premier defi hub on the Layer 2 network, focusing on liquidity solutions that are crucial for Mantle's growth.
While this round is open for public applications, the Mantle grants team will be manually approving participation and strictly following the criteria above. All decisions for this round are final without recourse/appeal opporunity due to the nature of the beta rounds.
The evaluation does not equip us to assess this criterion, as it pertains to internal processes of the Mantle grants team and their discretionary approval of application participation.