Eclipse Equinox
We have decided to award the Eclipse team a grant of up to $40,000 to build and launch their Equinox product, the first governance aggregator built on top of Astroport DEX. We believe Eclipse Equinox could be a successful product that helps bootstrap capital and attract attention to Neutron and Astroport. The Eclipse team has been a consistent builder within the Neutron community, so we are excited to support them.
Neutron Grants Program
October 15, 2024
40000
Neutron Grants Program Batch #6 — Eclipse Equinox
Thesis
We have decided to award the Eclipse team a grant of up to $40,000 to build and launch their Equinox product, the first governance aggregator built on top of Astroport DEX. We believe Eclipse Equinox could be a successful product that helps bootstrap capital and attract attention to Neutron and Astroport. The Eclipse team has been a consistent builder within the Neutron community, so we are excited to support them.
Summary
Eclipse Fi is a unified DeFi hub dedicated to sustainable token launches and simplified yield strategies. Their mission is to create a fair and transparent ecosystem where everyone can build sustainable wealth and support the next generation of web3 innovators. Eclipse Fi was established as a launchpad shortly after the collapse of Terra, addressing a significant gap in the market for better launch solutions. As the market dynamics shifted, we saw the need to expand their product base beyond just launches. This led to the development of Equinox, a product that synergizes with their launchpad and adds value to projects launching on their platform. Additionally, we are expanding into passive-yield vaults to provide an active product during periods of reduced launch activity.
Grant Deliverables
The deliverables are as follows:
- Launch Eclipse Equinox on Neutron
For Milestone 1 completion, the criteria are as follows:
- Launch Eclipse Equinox on Neutron Testnet
For Milestone 2 completion, the criteria are as follows:
- Launch Eclipse Equinox on Neutron Mainnet
For Milestone 3 completion, the criteria are as follows:
- Successfully lock 30M ASTRO into Eclipse’s Equinox vault
Grant Payment Terms
- Upfront Payment: $5,000 USDC
- Milestone 1 Payment: $5,000 USDC
- Milestone 2 Payment: $15,000 USDC
- Milestone 3 Payment: $15,000 USDC
Further information
- Website: https://www.eclipsefi.io/
- Social Media: https://x.com/Eclipsefi
- Eclipse Equinox Blogpost: https://blog.eclipsefi.io/governance-aggregators-history-astro-wars-equinox/#enter-equinox