diff --git a/README.md b/README.md index fe810662954..df948a30b60 100644 --- a/README.md +++ b/README.md @@ -4,7 +4,7 @@

-> **:loudspeaker:** The Web3 Foundation _Open Grants_ Program focuses on technology grants of up to **$30,000 for initial grants** and **$100,000 for follow-up grants**, which are tracked **transparently** on GitHub and disbursed in **Bitcoin or DAI**. For larger grants, payments in fiat and private submissions, please see our [_General Grants_ Program](https://github.com/w3f/General-Grants-Program). +> **:loudspeaker:** The Web3 Foundation _Open Grants_ Program focuses on technology grants of up to **$30,000 for initial grants** and **$100,000 for follow-up grants**, which are tracked **transparently** on GitHub and disbursed in **Bitcoin, USDT or DAI**. For larger grants, payments in fiat and private submissions, please see our [_General Grants_ Program](https://github.com/w3f/General-Grants-Program). --- diff --git a/applications/application-template.md b/applications/application-template.md index 9212a1d15d8..96a94c70073 100644 --- a/applications/application-template.md +++ b/applications/application-template.md @@ -6,7 +6,7 @@ * **Project Name:** Name of your project (e.g. DuoSwap Module) * **Team Name:** Legal name of your team (e.g. Duo) -* **Payment Address:** BTC or Ethereum (DAI) payment address. We don't accept payments for the program in other currencies at this stage. (e.g. 123mp123...) +* **Payment Address:** BTC or Ethereum (USDT/DAI) payment address. We don't accept payments for the program in other currencies at this stage. If this is an Ethereum address, please specify USDT or DAI. (e.g. 0x8920... (DAI)) > ⚠️ *The combination of your GitHub account submitting the application and the payment address above will be your unique identifier during the program. Please keep them safe.* @@ -116,7 +116,7 @@ To assist you in defining it, we have created a document with examples for some * **Total Estimated Duration:** Duration of the whole project (e.g. 2 months) * **Full-Time Equivalent (FTE):** Required workload of a full-time employee for the whole project (see [Wikipedia](https://en.wikipedia.org/wiki/Full-time_equivalent)) (e.g. 2 FTE) -* **Total Costs:** Amount of payment in USD for the whole project. The total amount of funding _needs to be below $30k for initial grants_ and $100k for follow-up grants. (e.g. 12,000 USD). This and the costs for each milestone need to be in USD; if the grant is paid out in Bitcoin, the amount will be calculated according to the exchange rate at the time of payment. +* **Total Costs:** Amount of payment in USD for the whole project. The total amount of funding _needs to be below $30k for initial grants_ and $100k for follow-up grants. This and the costs for each milestone need to be in USD; if the grant is paid out in Bitcoin, the amount will be calculated according to the exchange rate at the time of payment. (e.g. 12,000 USD) ### Milestone 1 Example — Implement Substrate Modules