Hannah, Justin, & Jake Decentralize Ethereum: Asymmetry Finance

Hannah, Justin, & Jake Decentralize Ethereum: Asymmetry Finance

Asymmetry introduces safETH to counter Ethereum LST market centralization and Lido's dominance by offering a decentralized, zero-fee staking solution that supports small and large investors alike.
Application
Applied on: 8 Nov 2023 09:46 PM
Approved
User Review
AI Review
A1
Reviewed on 15 Feb 2024 01:17 PM
Web3 Open Source Software Round Eligibility
Based on the project description, Asymmetry Finance’s mission aligns with the aim of the Web3 Open Source Software round to support open-source projects that contribute to the Ethereum and/or Web3 ecosystem.
To be eligible for this grant round, projects must meet the general program policy and the following specific requirements:
The project appears to fulfill the general program policy as described and aligns with the specific requirements detailed.
Open Source: The project must be open-source.
The project has a GitHub repository which suggests that it is open source, as per the link provided in the project website and description.
Recent Activity: There must be meaningful GitHub activity within the past 3 months, demonstrating ongoing work aligned with the project's mission.
The project GitHub shows 9 commits in the past 3 months, along with closed issues and pull requests, indicating recent and ongoing activity.
Web3 Focus: The project should primarily aim to develop or advance the broader Ethereum and/or Web3 ecosystem
The project's focus on decentralizing Ethereum's Liquid Staking Token market with safETH is directly targeting improvement and advancement of the Ethereum/Web3 ecosystem.