This grant is to develop two data-related products – an Airdrop Snapshot Service and a dashboard to track ATOM Protocol-owned-Liquidity (PoL) across the interchain.
Currently, while natively staked ATOM on the Cosmos Hub is fairly simple for new chains to airdrop to, ATOM holders who are using liquid staking services generally miss out on many airdrops due to the complexities of being able to identify and airdrop to the holder of the ATOM derivative.
To solve this problem and thus encourage the use of LSTs by removing this potential friction point from users, Numia will develop a snapshotting system for Cosmos chains supporting ATOM and its derivatives. The Snapshot Service Grant includes three main components:
- Snapshot logic development
- Self-service dashboard creation
- Snapshot subsidies for users/protocols
The service will support liquid-staked ATOM derivatives (stATOM, stkATOM, qckATOM, dropATOM) and various DeFi protocols (Osmosis, Apollo, Astroport). Users of this service would be chains looking to airdrop to ATOM Holders. Currently, potential leads for this service include Nillion, Landslide, and roll-ups on Celestia.
As for the second element of this grant – the dashboard to track ATOM Protocol-owned-Liquidity (PoL) across the interchain – it arises from the need for the community to track all existing and future Community Spend proposals on the Cosmos Hub, which are used for POL (not necessarily those deployed via Hydro).
The Cosmos Hub currently has a handful of PoL deals, with millions of ATOMs deployed across the interchain, which no way to track the revenue generated from these deals. This dashboard (and accompanying API) will allow ATOM community members to track revenue data, so that they can make informed decisions about other PoL deals.
