Sunrise Stake
Non-custodial staking protocol on Solana blockchain directing yields to fund climate action, looking for support to enhance development and multiply environmental impact.User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:53 PM
Projects must be at least 3 months old. We use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The project was formed in November last year, which is over 3 months ago from the current date.
The Grant must be **primarily focused on climate solutions** (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions. - Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems CO2 Sequestration
Sunrise Stake is focused on Regenerative Finance (ReFi) on the Solana blockchain, directing yield to climate-positive projects, which aligns with being a core infrastructure for web3 climate solutions.
Grantees who received funding in a previous round(s) **must provide a new update on their progress and impact.** You can also include the challenges you've faced. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing. - We encourage grantees to mint Hypercerts for the work and the impact they have accomplished. Priority review will be given to grantees who have minted a Hypercert.
This is Sunrise Stake's first Gitcoin round, therefore they have not received funding in a previous round and this criteria is not applicable.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
As a first-time applicant, Sunrise Stake has not received previous funding from Gitcoin and thus would not have an older proposal to update. This requirement does not apply.
There is a general expectation that projects are within the **“realm of viability”**. - Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team's expertise, qualifications and skills will help us review your grant. - Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The project is already live on mainnet with a demonstrated impact and collaborations. The team has also won an award for their work and is integrating with existing platforms like Toucan and ecoToken, indicating a realm of viability.
Grantees can be eliminated from consideration in the round if they are found to be encouraging or enabling Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community.
There is no information provided that suggests Sunrise Stake is involved in Sybil attacks or malicious manipulation; however, without an external audit or investigation, it isn't possible to definitively determine their involvement or lack thereof in such activities.