Mini Bridge: "0" rate Cross-L2 protocol by Chaineye

Mini Bridge: "0" rate Cross-L2 protocol by Chaineye

Developed by Chaineye, Mini Bridge is a cross-chain tool for small transfers, supporting multiple chains with zero bridge fees, 1-2 block confirmations, and 10K+ transactions since October 2023.
Application
Applied on: 14 Nov 2023 07:27 AM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 02:37 PM
The Grant must be in support of or directly advance the Global Chinese Community ecosystem; At least one founder or core team member uses Chinese as their daily language
The project description indicates that the Mini Bridge was developed by the Chaineye team, which implies that the members are likely Chinese-speaking given that the project was presented at ETH Shanghai 2023, a venue that caters to the Chinese-speaking community.
Projects haven’t received significant external funding via venture capital, token launches, or NFT sales
The project has received funding from Gitcoin, Optimism, and Arbitrum, but it's unclear whether the amounts constitute significant external funding as per Gitcoin's definition. Venture capital, token launches, or NFT sales specifically are not mentioned.
Projects must be at least 1-month old and have a PoC/MVP. We will use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
Mini Bridge was launched in October 2023, which confirms that the project is more than 1-month old. Additionally, the project has completed over 10,000 transactions, which serves as a proof of concept (PoC) and a minimum viable product (MVP).
Grantees who received funding in a previous round(s) must provide a new update on their progress and impact.
While the project mentions the number of transactions and savings for users since launch, it is unclear if this information constitutes a 'new update' since their last funding round, as detailed progress and impact could be more specific.
The Grant owner must be directly affiliated with the project, the funds must go to the project and be used for the purposes stated in Grant’s details.
Given that the Grant owner is part of the Chaineye team as suggested by the project description and user Github, we can assume direct affiliation. However, without an explicit statement of affiliation, this assessment relies on context and could benefit from further verification.
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.
No evidence is provided to suggest that the project has been involved in Sybil attacks or other forms of manipulation, but without explicit monitoring data or a review of their interactions on the platform, it cannot be definitively ruled out.