This proposal might have some legs if the grants team was removed from the involvement
It seems none from the Osmosis community has any idea who the folks involved are anymore, or what they do. There are zero updates in the past year. The website is outdated, including no new funding announcements at all, and they have closed any avenue to contact them. Zero reports on market making activities or any effort towards any sort of reporting at all, really.
The last proposal for the Grant program on Osmosis was meant to end at the beginning of January. They have been operating outside of their agreement with Osmosis governance since then - they posted a renewal discussion in December which received such poor feedback the body text was deleted and never addressed again, and a proposal was never put on chain. The post itself has now been made private (the link essentially 404âs)and feedback gone, but here is a copy of the text:
Osmosis Grants Program Renewal
Summary
We propose extending the Osmosis Grants Program (âOGP)â for a further 12 months, until January 8th, 2027.
There will be no major changes to the program. The program will continue its historical focus - aimed at funding Osmosis contributors, infrastructure partners, strategic partnerships, and more. Given market conditions, we will maintain a quality bar with regards to the grants funded.
The program will not request additional funding from the protocol treasury. It will utilize existing assets in the program treasury.
Program Details
The Osmosis Grants Program (âOGPâ) was first launched on April 9th, 2022. With the current term ending January 08, 2026, we seek to renew the OGP for an additional 12 month term.
Historically, the OGP has funded a variety of grants, including ProtoRev (Skip), the incentives working group, IBC Rate Limit Improvements, Infrastructure partners like Fireblocks, and other community contributors (e.g. OSL).
Going forward, we expect to continue the funding aims of the program. The focus will be on contributors to Osmosis, community events, important infrastructure, and strategic projects.
The OGP has also worked with market-makers to increase orderbook depth and provide tighter spreads - this will continue.
Operational Details
Treasury
The current OGP treasury consists of approximately 4.47m OSMO and $1.3m in USDC. Those funds will continue to be managed by the multi-sig (more details on the multi-sig below).
The multi-sig will also engage in treasury management, which may include earning yield with a portion of funds.
Budget
The program will operate with an all-in-operational budget of $6,000 a month. This will cover all operations of the program, including grants approval, project management, working with the core Osmosis team, and the ongoing legal and operational maintenance of the program.
Multi-sig
The program will continue to operate with a multi-sig that approves all grants and payments. This consists of a group of trusted community members, validators, and contributors. The multi-sig is subject to change, with all changes being approved by the multi-sig committee.
Currently, the multi-sig consists of 1) Cosmostation, 2) Polkachu, 3) Figment Capital, 4) Reverie, and 5) Schultzie.
Tentative Timeline
On-Chain Proposal: December 16, 2025
Questions- Firstly, grants can please comment on the proposal deletion, as this was a big slap to the face of the Governance of the chain you are trying to be guardians for. This grants group is in charge of large amt of fund paid from the community members, and the osmo community deserve to hear what is happening and be allowed to give feedback without it being deleted and governing process ignored. This is incredibly important and relevant as grants is asking for way more trust, responsibility, and funds now than during these feedbacks.
But more specific to the merger proposal, can anyone elaborate on the current grants team and if this is suggesting a change to the current structure? If yes, would the 6 members indicated inside this thread have access to 5 million dollars of community funds? If not, who would be signing and what would distribution for these funds look like?
What are they currently spending funds on(including breakdowns for admin, funded projects, staff)? regarding teams that are currently being funded by grants, what does this mean for their respective contributions/funded projects should merging happen(Do they get cut off? Paid out?)? Why does the acquired grants team need 3 people for growth/marketing post-merger? Respectfully, if any worthwhile growth or marketing had been occurring in the past 2 years this merger proposal likely isnt needed, which brings the question why if marketing IS needed, this team would be the one in charge(This would be handled from the hub ..)
Can someone elaborate on what the folks assigned to infra/maintenance would actually be doing that couldnât be handled by hub team post merge?
The post indicates treasury could be clawed back through Cosmos Hub governance after this merger â how does that work for things like the IP, which is indicated it would be transferred to grants ownership? What mechanisms would be in place that other assets would be returned if demanded by Hub governance?
The deleted proposal indicates the grants team desire to begin using funds to earn yield â Since they would have access to much larger amounts of funds were this to be adopted, this is quite concerning and should also be addressed.
If grants team is going to be handed essentially the keys to castle here, it would make sense to have a signaling proposal on the Osmosis chain that the community even still wants them operating first. Even then, were this proposal to go through this group would be better dissolved and re-set up from the hub side once the dust settles with maybe 2 people assigned for maintenance in the interim. These 5 million dollars could then be used towards alignment with the merger and boost a per token payout for the osmosis community. No mint would be required in this case and the Hub re-creating a group after the fact if its even needed removes all the other concerns.
If this is to be considered a real acquisition/merger it needs to be treated like one. Currently this is set up in a way that not only does nothing for the Osmosis community but seems harmful to the Hub overall as well.
