Interlay recently launched the Interlay Labs Grants Program , focusing on funding software development and research efforts related to Interlay and Kintsugi. Interlay Grants will be awarded to teams and individuals who bring value-added projects to the Interlay ecosystem, creating a strong community of incentivized tech contributors. The program launched in a trial phase in December 2022 and two projects have been onboarded (see below).
This proposal suggests to reserve 350,000 INTR tokens from the treasury to awarding the first two recipients of Interlay Grants (upon project/milestone completion). This initial proposal does not make any payment, it is only to approve the allocation of funds for the Grants Program. All future payment requests will be submitted by grantees as follow-up governance proposals.
This process (pre-approve budget for n grants, then individual applicants submit payout requests) is being tested as the go-to approach for future grant projects.
To kickstart the Interlay Labs Grants Program, two items of Request for Proposals (RFP) were promoted for application:
The total amount of 350,000 INTR will be reserved for the following purposes:
This proposal does not involve any transfer of funds. Its purpose is simply to gather support and approval from the community for using treasury funds to pay out the contributors of the Interlay Grants Program. The payment of each Grant will be subject to treasury proposals specific to the project.