---
# System prepended metadata

title: grants README - $LxGrntCrd rewards
tags: [grant, protocol, reward]

---

# grant request process

Please reach out to grants.lead@lexdao.org if you would like to request a grant. 

Currently, we are only approving grants requested by LexDAO members 

If your grant is approved, it'll go through this process:

* after working with you on it, your request will be published by us at https://github.com/lexDAO/Grants/tree/main/request
* our response will be published at https://github.com/lexDAO/Grants/tree/main/response
* the outcome will be published at https://github.com/lexDAO/Grants/tree/main/outcome

Most grants that get to the published Github request stage are approved, but not all. The ones that aren't approved still receive reasons about why we made the decision.

# introducing $LxGrntCrd

Active rewards are listed at https://github.com/lexDAO/Grants/tree/main/rewards .

You do not need to be a [LexDAO member](https://lexdao.org/membership) to qualify.

## how to request a reward

Go to https://app.kali.gg/daos/42161/0x03d5222ef39dfeefd68e0a1bc22811cee618db7c/propose .

Fill out the Title and Details like so:

![image](https://hackmd.io/_uploads/S1mEkGwzR.png)

| Title    | Details |
| -------- | -------- |
| request a reward| https://github.com/lexDAO/Grants/blob/main/README.md|

Then click on Apps.

![Screenshot from 2024-05-10 16-11-28](https://hackmd.io/_uploads/r1NfHm2fA.png)

Then click on Record Off-Chain Activities.

![Screenshot from 2024-05-10 16-11-38](https://hackmd.io/_uploads/BytGBX2fC.png)

Fill out the Name, Document and Tag like so:

![Screenshot from 2024-05-10 16-18-44](https://hackmd.io/_uploads/SJpGHX3M0.png)

Be sure to switch to 'all files' if the open file window is set to 'pdf' only.

| Name | Document | Tag |
| -------- | -------- | -------- |
| use the eligible activity's title     | attach the Document as described by the eligible activity's instructions     | LxGrntCrd     |

The result should look something like this:

![Screenshot from 2024-05-10 16-25-18](https://hackmd.io/_uploads/Hk-7HX2zC.png)

Here's an example of a Document:

![image](https://hackmd.io/_uploads/BJYjhzhzR.png)

This Document example is for the evergreen reward https://hackmd.io/Es5rhJuAR7-ZriTRAU1FIQ#share-an-idea-for-a-LxGrntCrd-reward-that-we-decide-to-include-as-a-reward .

Once done, email the URL link to the proposal to grants.lead@lexdao.org. We'll respond to you via your email.

If you have questions, email grants.lead@lexdao.org .

## what

Inspired by https://thankarb.com/seasons/49?utm_campaign=GG20 , LexDAO Grants Committee is offering '$LxGrntCrd' reward points for contributions to LexGrants!

Please send your $LxGrntCrd reward request to our credKali at https://app.kali.gg/daos/42161/0x03d5222ef39dfeefd68e0a1bc22811cee618db7c/propose and notify grants.lead@lexdao.org that you've done it.

We'll decide later how $LxGrntCrd will be honored or redeemed for, but it'll likely include redemption for a max amount of hours contributed to work for membership.

You do not need to be a [LexDAO member](https://lexdao.org/membership) to qualify.

Here's a screenshot of thankarb:

![image](https://hackmd.io/_uploads/HkRLVT8M0.png)

Here's a screenshot of our $LxGrntCrd credKali system:

![image](https://hackmd.io/_uploads/ryR1PgPGC.png)

https://arbiscan.io/address/0x03d5222ef39dfeefd68e0a1bc22811cee618db7c

This is an ETH localism fast-turnaround experiment. It's specifically about localism in DAOs, though ETH localism in general is also about local DAOs.

### decipher tip

We can extract the attestation with an LLM such as https://magictool.ai/tool/hex-to-text-converter/.

![image](https://hackmd.io/_uploads/Sy4qVmnMR.png)

https://content.wrappr.wtf/ipfs/QmbZStMZH2MwFCjn768NSaKTyAv6CJ667mhbLFGFNRQrBF

![image](https://hackmd.io/_uploads/B1RjEXnzA.png)

https://content.wrappr.wtf/ipfs/QmNuaJC8v1BsvVCT2jmzbQqMj3jt4qyYDAfDomVfNi8DYb

![image](https://hackmd.io/_uploads/r1PTNmhfR.png)

## token supply control system

LexDAO Grants will always retain at least 52% of the supply at all times. 

In other words, only 48% of supply can be in circulation.

Our requirement is over 50%, but Kali defaults to at least 52%.

We put 0.1 ETH in the $LxGrntCrd treasury to show how the Redemption mechanism could be used in the future, but the choice to allow that will be in LexDAO's sole discretion because, in part, we will always retain at least 52% of the supply.

![image](https://hackmd.io/_uploads/B1KCelvz0.png)
