FolioX

.
Application
Applied on: 7 May 2024 10:20 AM
Rejected
User Review
AI Review
A1
Reviewed on 7 May 2024 11:02 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.
FolioX aims to incorporate Aave as a core component in providing stable returns, increase TVL, and incentivize user participation, thereby directly contributing to the growth of the Aave ecosystem.
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 specify whether FolioX or its team members have previously received AGD funding or contributed open-source work benefiting Aave. Without this information, it's uncertain whether they meet this requirement.
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 provided GitHub repository link indicates that FolioX adheres to open-source principles, showcasing transparency in its 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.
While there is a mention of using Telegram for community interaction, there is no specific information about social media presence or outlined plans for community engagement, making it difficult to assess their commitment.
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.
There is no technical roadmap with clear milestones and deliverables provided in the information available, which is essential for evaluating the feasibility and execution potential of the project.
Proposals should articulate how they would use the funds to maximize the project's impact within the Aave ecosystem.
FolioX's application explains the utilization of funds to incentivize user investment, increase TVL, and provide stable yield strategies which can maximize the project's impact within the Aave ecosystem.
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 available information, FolioX has indicated compliance with this requirement; no contrary evidence is provided, suggesting that they intend to abide by the eligibility policy regarding content and legal compliance.