CIAN_protocol
Project employs LST for delta-neutral yield via PYUSD Long-Short vault, swapping PYUSD for wstETH as AAVE collateral and hedging ETH with USDC shorts on DYDX; plans GHO vault expansion.User Review
AI Review
A1
Reviewed on 9 May 2024 08:01 AM
Projects must focus on contributing to the growth, development, and enhancement of the Aave and GHO Ecosystems. Proposals should outline how the project will create value for the Aave community and platform users.
CIAN_protocol's proposal to launch a vault for GHO following the model of their existing PYUSD long-short strategy demonstrates a direct contribution to the Aave ecosystem, potentially increasing GHO's utility and yield-generation opportunities for its holders.
The Aave & GHO Ecosystem Advancement QF Round is open to all past AGD recipients with active or new project proposals. The round will prioritize funding for past grantees with active open-source projects or those proposing new open-source work, contributors who have done open-source work benefiting Aave but have yet to receive a grant, and those seeking funding for future open-source work with marginal but meaningful progress.
The application does not provide enough information to determine CIAN_protocol's past participation as a recipient of AGD or contributions to Aave. Additional information about the project's history with AGD would be required to make an informed assessment.
Projects participating in the Aave & GHO Ecosystem Advancement QF Round must adhere to open-source principles and maintain transparency in their development process and code repositories. Proposals should include links to relevant GitHub repositories or other open-source documentation to demonstrate their commitment to transparency.
The project has provided a link to their GitHub repository where the code for the proposed vault is available, indicating adherence to open-source principles and transparency in their development process.
Projects should demonstrate a commitment to engaging with the Aave and broader Web3 community, outlining plans for community outreach, social media presence, and initiatives to drive user adoption and participation.
CIAN_protocol has a presence on Twitter and Discord, which are platforms that enable community engagement, and they have outlined initiatives to engage users such as the long-short strategy vault for GHO which could increase community participation.
Projects must present a clear and feasible technical roadmap detailing milestones and deliverables, showcasing the team's expertise and ability to execute the project successfully within the proposed timeline.
The project description provided does not detail a clear technical roadmap with milestones and deliverables. This information is crucial to determine the feasibility and the project team's ability to execute within a proposed timeline.
Proposals should articulate how they would use the funds to maximize the project's impact within the Aave ecosystem.
The application mentions the impacts such as increased GHO borrowed amounts and daily volume, but lacks a detailed breakdown of how the funds will be specifically allocated to achieve these goals and maximize impact.
No Hateful Content, Deceiving Users, Falsification, Fraud & Impersonation, Quid Pro Quo & Bribery, Advertising Restrictions, Funding Caps, and Legal Compliance as outlined in the eligibility criteria.
Based on the information provided, there is no evidence suggesting that the CIAN_protocol has been involved in activities that would violate these ethical standards or legal compliance.