Retroactive Grant

Metis L2 Retroactive Grant Program: Supporting Builders and Driving Innovation

Metis is dedicated to developing innovation and growth within its ecosystem by empowering projects that demonstrate high impact across the board in terms of users, transaction activity, and user experience. To achieve high growth and innovation, we are excited to introduce the Metis Retroactive Grant Program, designed to recognize and reward builders who have already delivered substantial value to the ecosystem and have not yet received any substantial prior financial support from Metis. 

Program Overview

The Metis Retroactive Grant Program provides funding to projects based on verifiable metrics of their contributions to the Metis ecosystem. With a pilot allocation of $100,000 worth of Metis tokens, this program focuses on rewarding projects that have:

• Demonstrated substantial user adoption and onchain activity.
• Contributed significantly to ecosystem growth and developer activity.
• Proven alignment with Metis’ strategic goals, such as enhancing community engagement and advancing ecosystem integrations.

Grant amounts will be determined based on measurable impact and relative performance, ensuring that resources are allocated to projects with the most significant contributions.

Program Philosophy

1. Collaborative Approach: Metis values projects that complement and enhance existing ecosystem initiatives rather than competing with them. This program reflects our belief that the success of individual projects strengthens the entire Metis ecosystem.
2. Long-term Vision: We prioritize projects demonstrating sustainable growth and ongoing impact, positioning them for future funding opportunities.
3. Community-Driven Success: Positive community engagement and collaborative efforts will influence the planning of future funding rounds.

Evaluation Criteria

Our grant program emphasizes measurable outcomes rather than future potential. Projects will be evaluated based on:

1. User Adoption: Metrics include active user growth, retention rates, and user interaction patterns.
2. Transaction Activity: Volume and frequency of onchain transactions, highlighting contributions to ecosystem liquidity.
3. Ecosystem Growth: Integration with the broader Metis ecosystem through partnerships, community building, and market expansion.
4. Developer Activity: Contributions to the technical foundation of Metis, including code quality, documentation, and API adoption rates.

Eligibility Criteria

To qualify for funding, projects must meet the following requirements:

• Onchain Projects: Operate directly on the Metis Layer 2 network and enhance the user or developer experience through smart contracts, DeFi protocols, infrastructure, or dApps.
• Offchain Support Services: Provide tools, documentation, or resources that demonstrably increase developer activity or user engagement on Metis L2.
• Verifiable Impact: Submit data on transaction volume, Daily Active Users (DAU), Total Value Locked (TVL), and other metrics from reputable sources.
• Community Endorsement: Projects can be nominated by the Metis community or applied directly with evidence of their impact.

Funding Structure

• Very High-Performing Projects: Up to $25,000 per project, based on relative ranking and data-driven ecosystem contributions and results.
• Criteria-Based Allocation: Funding decisions depend on impact metrics, available resources, and comparative performance.

Application Process

The application process is structured to ensure fairness and transparency:

1. Initial Submission: Projects submit a comprehensive overview, including team details, contribution history, and deployment information.
2. Impact Documentation: Applicants provide metrics packages, testimonials, and integration proof points.
3. Verification Process: Submissions undergo metrics review, documentation validation, and community feedback.
4. Final Package: Projects submit updated metrics and responses to reviewer questions.

Timeline

• Dec 23 - Jan 10: Registration phase; applications accepted until Jan 10, 23:59 UTC.
• Jan 11 - Jan 15: Review phase; verification of metrics and eligibility.
• Jan 15 - Jan 24: Community voting and final project evaluation.
• Jan 25 - Jan 30: Public announcement of funded projects and fund distribution.

Ethical Standards and Transparency

All projects must adhere to high ethical standards, including accurate representation of metrics and compliance with legal requirements. Any violations, such as data falsification, will result in disqualification and potential exclusion from future funding rounds.

Metis L2 is committed to transparency in decision-making, providing feedback and comparative analysis to applicants. This ensures accountability and helps projects improve for future opportunities.

Looking Ahead

The Metis Retroactive Grant Program is just the beginning. Based on its success and community feedback, we envision recurring funding rounds to strengthen the Metis ecosystem further. By supporting builders who deliver tangible impact, Metisaims to drive innovation, enhance user engagement, and sustain a thriving blockchain ecosystem.

Ready to Apply? Submit your application starting December 23 and showcase your project’s contributions to the Metis ecosystem! 

Apply Here: https://easyretropgf.xyz/metis-retro-pgf-1/applications/new