Retroactive Funding Application - Gardens Swarm

Proposal Link: Gardens

Swarm, working group, or contributor name

Gardens :seedling:

Who helped with this application?

Description of value created for 1Hive, Jan 1 - April 30, 2022

During the time period of January 1 to April 30 2022:

  • 21 Gardens were created on Gnosis Chain and Polygon
  • 584 people joined Gardens DAOs by signing a Covenant
  • 139 proposals were created.

The time period ended with $18.9 million in the Common Pools of Gardens

How do Gardens create value for 1Hive and Honey?

  • Gardens increases adoption of 1Hive’s governance structure. As more people participate in Gardens DAOs, they help prove the value and resilience of 1Hive’s governance model. They also learn about creating and voting on proposals and how the Covenant, Conviction Voting, Celeste, Dynamic Issuance, and Tao Voting work. Spreading knowledge of these tools helps make them more ubiquitous and makes it easier for more people to participate in 1Hive.
  • Gardens increases adoption of Honeyswap. When a DAO creates a Garden, they need to add $100 of liquidity between their token and HNY on Honeyswap. Beyond that they can grow liquidity on any DEX and with any pair they’d like, but many Gardens choose to grow liquidity on Honeyswap, and with the HNY pair.
    • Total liquidity of Gardens DAO tokens on Honeyswap: $2.5 million
    • Total HNY liquidity of Gardens DAO tokens: $1.1 million
      With ~20% of Honeyswap’s liquidity, Gardens DAOs make up a significant portion of fees that 1Hive earns from trades on Honeyswap, and create demand for the HNY token.
  • Gardens increases adoption of Celeste. Celeste secures our ecosystem, creates demand for HNY, locks supply of HNY (currently 2.1% of HNY is staked in Celeste), and is a critical utility of the HNY token. As a service, Celeste improves at scale, and Gardens helps grow Celeste by adding more communities that contribute to it and rely on it.
  • Gardens creates a platform with network effects that multiplies the value of work done by 1Hive. 1Hive so far has successfully incubated an outrageous number of innovative web3 tools, and Gardens plays a key role in growing the value of these tools beyond just 1 community. Fluid Proposals, Vesting App, Water, 1HiveTV, NFBeez and Quests all have benefited from the network effects provided by Gardens.
  • Gardens creates visibility for 1Hive. Many people rely on crypto Twitter to hear about tools and projects in web3. Gardens uses Twitter to share our progress and amplify messages from 1Hive and our Gardens communities. @gardensdao logged some decent analytics between January 1, 2022 and April 30, 2022:
    • Tweets: 45
    • Tweet Impressions: 57k
    • Profile Visits: 33k
    • Mentions: 271
    • New Followers: 324

Description of work completed Jan 1 - April 30, 2022

  • Start with migration to typescript and NextJS
  • Create proposal improved
  • Void decisions logic
  • Improve the performance of the gardens site by
  • Fix Agreement app subgraph (corrupted settings issues)
  • Agreement subgraph track for collateral updates
  • Staking screen errors fixes
  • EVM executor ui
  • Add context to create decisions
  • Proposal forum link on decisions detail
  • Discourse comments on decisions detail
  • Set up DeWork for community suggestions and bounties [link]
  • Opened a Gitcoin Grant for GR13 [link]
  • Giveth account created and verified [link]
  • Twitter spaces hosted and recorded with Gabi and Niran.
  • Improved the performance of the gardens site by enabling code-splitting.
  • Increased the lighthouse performance metrics from 15 to 42.

Between January 1, 2022 and April 30, 2022, how much funding did you receive?

  • 1Hive Funding Proposals: 150 HNY - (~$31,000 at time of funding) [link]
  • Gitcoin Grants: $2,989 in various currencies in GR13 [link]
  • Giveth Donations: $614 in xDai and GIV [link]

Gnosis Safe or Wallet address funds will go to

Gardens Gnosis Safe: 0x1B8C7f06F537711A7CAf6770051A43B4F3E69A7e

Plans for how funds will be distributed.

Currently trying out Coordinape - we ran a test Epoch to see how distributions would look. We’ll be reviewing as a working group and talking about how to improve on this for Retroactive Funding distributions.


Hello @paul this gives the NFBees hope :smiley: . The template was a big issue for us because we thought it was too complicated to complete in one or two days.

One questions though, were is the Retroactive Funding amount requested? :slight_smile:


There’s no amount to request - this RF round has 77.5 HNY that’ll be split up among the RF applications based on the amount of conviction each proposal has next Wednesday at the deadline.

In that sense the applications are competing against each other, but the idea is for Retroactive Funding to be a fixed % of the Common Pool each round, so the community shares the growth of HNY’s supply and are aligned on the price of HNY going up. Far better for us to grow the pie than fight for pieces of the pie :slightly_smiling_face:

Since the snapshot isn’t until next Wednesday you guys have time… the earlier the better just because 1Hive’s half-life of Conviction Growth is 48 hours so it’ll take time for votes to accrue value.

1 Like

i am agree with this one