Numo

Creating Numo, an automated single-function market with embedded lending to enable on-chain, permissionless power perpetual markets for hedging Uniswap LP positions.
Application
Applied on: 8 Mar 2024 09:48 PM
Pending
User Review
AI Review
A1
Reviewed on 18 Mar 2024 06:45 PM
Projects must bring value to the Uniswap protocol within the Arbitrum ecosystem.
Numo aims to create an automated market maker for power perpetuals, which could provide Uniswap LPs with hedging tools, thus bringing value to the Uniswap protocol within the Arbitrum ecosystem.
Grant request must be between $50k and $250k.
The grant request amount is not specified in the information provided, so it is unclear whether Numo's grant request falls within the required range.
Ideas must cover published RFPs, more info here: https://uagp.notion.site/Request-for-Proposals-RFPs-367778d1df754a88b7ce3f889604c209.
Without specific information on Numo's proposal details and how they align with the published RFPs, it is uncertain whether the project covers any of the published RFPs.
Undergo KYC/KYB if your idea is approved to receive a grant.
The requirement is procedural and applies post-approval. Assuming Numo's willingness to comply, they would undergo KYC/KYB if approved for a grant.