The Grant Committee's mission is to attract the highest quality ideas and people to grow the Tempus ecosystem organically over time.
Grants are awarded to projects that satisfy certain requirements. In the spirit of transparency and decentralization, it's important for the Grant Committee to share the selection process, criteria and analysis framework that all applying projects go through.
There is no predefined ranking among the categories a grant could be used for. The most important aspect pertains to how the grant belonging to a specific category could impact the Tempus ecosystem in the short and medium/long term, given the business context at the time the grant application is made. This implies that grant applicants should be fully aware of the internal and external environment Tempus is operating in. The constant interlocution with community members on the governance portal / Discord should represent a way to gauge the sentiment on what the community considers most important for the project.
Grant applicants that show a track record of project design and implementation in the DeFi space are positively valued. In particular, the individual/team should showcase the ability to interact with multiple stakeholders under tight deadlines and the outreach capabilities that allow the project to execute a successful go-to-market strategy.
This section should outline what the project is about, what goal(s) the project aims to achieve, how the project plans to reach targets and which are the parties involved in the project. The project description should guide the Grant Committee through the most important features and ensure that the connections among them are clearly explained.
This section should provide both quantitative and qualitative indications on how to measure the success of the project on the whole Tempus ecosystem. The former could be achieved by looking at, among other things, the increase in TVL the expected additional revenues the number of wallets interacting with the protocol These two measures could be further broken down according to bull/bear scenarios to provide a range that accounts for different market conditions.
The qualitative side should focus on the ability to attract specific customer segments (e.g. institutional investors, degens, etc.), leverage partnerships and integrations with other protocols, and develop synergies with the existing Tempus product offerings.
This section should provide an indication of the relevant milestones to be achieved, the expected timeline for the completion of each milestone task and the parties involved in such tasks. Projects composed of multiple streams that can work simultaneously instead of sequentially will be positively valued.