Chaineye Mini Bridge

Chaineye Mini Bridge

Zero-fee cross-chain tool, Minibridge, supports 24 networks for fast small-amount transfers with special features like gas swap, and an open API, emphasizing security and community rewards.
Application
Applied on: 31 Jul 2024 09:05 AM
Round: Asia Round
Approved
User Review
AI Review
A1
Reviewed on 31 Jul 2024 10:01 AM
The Grant must be in support of or directly advance the Asian public goods ecosystem; or at least one founder identifies him/herself as Asian. We will refer to the [public goods report](https://www.gccofficial.org/explore.html#report) released by GCC last December for the definition of public goods.
The project advances the Asian public goods ecosystem and all three of the core team members identify as Asian.
The project must clearly articulate the problem it addresses, the solution, the implementation plan, the financial plan, and demonstrate there is an excellent team or community for execution
The project addresses the issue of high fees and slow transactions in cross-chain transfers, offering a 'zero-fee' bridge with fast transaction speeds for small-amount transfers. The detailed financial plan and team credentials are provided, showing strong execution capability.
Project must be 3 months old and the project must demonstrate some tangible progress towards their stated goals, with a working MVP is available to the public. We will use Twitter, official website, github, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The project has been in operation for less than half a year and has processed 300K transactions, indicating tangible progress. A working MVP is available to the public as evidenced by their website and user ratings.
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 explicit information provided to ascertain whether the project encourages or enables Sybil attacks or manipulative practices.
Projects must comply with Gitcoin core rules and [eligibility criteria](https://gov.gitcoin.co/t/gg21-community-round-eligibility-criteria/19003).
Based on the data provided, the project appears to comply with Gitcoin core rules and the stated eligibility criteria.