Modified Proposal Scope
Hi guys, we appreciate your thoughtful feedback and have taken it into account with our modified milestones and scope. Here are our primary updates:
- Reduce DAO cost: We agree to subsidize an additional 4K in cost sharing on our side, providing comped business and software development time along with a portion of gas sponsorship to help get this approved (reducing the overall ask by > 15%).
- Include On/Off ramp: One of the biggest pain points in onboarding to the Rootstock ecosystem is the lack of a dependable onramp. We will incorporate a 3rd party on/off ramp into the wallet itself to improve utility.
- Keep gas sponsorship: We believe this is a primary driver for usage, both for our primary target users - which is new users onboarding to Rootstock - as well as current users and projects who may need some motivation or incentive to try the wallet. We will reassess gas sponsorship midway through the engagement.
- Updated milestones: We’ve updated milestones to better reflect the work completed, and included a milestone to specifically measure gas sponsorship midway. If usage is not supported we can eliminate and further reduce costs.
- Dapp integration and user retention KPIs: We will focus efforts on project/dapp adoption of our SDK with additional outreach to increase overall usage. We will measure user retention over time and include a cost/user metric.
To reiterate, the wallet’s primary purpose is to bring new users to Rootstock. This means specifically new blockchain users, who don’t yet have crypto, and who use email for all sorts of login purposes. The most obvious group of new users here are people who want to hold Bitcoin but don’t know how to get themselves onchain. This wallet will help them do just that. Once they are onchain they can easily acquire RBTC and start using the Rootstock ecosystem.
In this sense, we see this wallet as both an easy onboarding tool and a long-term wallet for users. These 2 are not exclusive, as new users can onboard seamlessly with an email and start using the chain immediately (no need for seed phrase, token etc). They can then transition to longer term use. If the wallet works as it should, with little friction and an intuitive UI, there is no reason to switch for the average user (power users concerned with security etc may choose to switch once they are comfortable in the ecosystem).
Updated Grant Request, Milestones and Performance Targets
Grant Request
Total amount requested: $20,000
Amounts per milestone in desired coin/token: USDRIF, rBTC
| Milestone | Item | Cost | Delivery Date |
|---|---|---|---|
| 1 | Delivery of white-label SDK and standalone wallet | $4,750 USDRIF Dev costs: 3K Month 1 wallet integration cost: $1,750 |
20 Jan 2026 |
| 2 | 3 months gas sponsorship Dapp integration KPIs Full wallet-explorer integration - wallet login inside Blockscout |
$8,000 USDRIF Gas sponsorship (3 months): $4,500 Wallet integration (2 months): $3,500 Dev costs: 0 (subsidized by Blockscout) BD costs: 0 (subsidized by Blockscout) |
20 May 2026 |
| 3 | 6 month run complete (from functional start of 20 Jan), will provide analytics and other data to determine program success and next steps for project continuation. Includes gas sponsorship for transactions from 20 May - 20 July. | Total $7,750 USDRIF ($5,250 with no gas sponsorship) Wallet integration costs: $5,250 Gas sponsorship 3 months (assuming continuance - 2.5K subsidized by Blockscout): $2,000 Reporting & Analytics: 0 (subsidized by Blockscout) |
20 July 2026 |
| Total | 20K USDRIF |
Updated Performance Targets
-
User acquisition: Increase the average number of active accounts by 25% (last year was 336 - we will target a 420 average for the final month of the 6 month initiative).
-
Active address usage: Capture ~10% of the average active address monthly usage by the end of the 6 month project.
-
Dapp support: Support the most used dapps on the Rootstock ecosystem explorer page (Rootstock dapps - Explore top dapps | Blockscout). We will ensure global wallet support for the top 15 dapps and track overall dapp usage with a target of increasing usage by more than 15%.
-
Dapp adoption: Reach out to Rootstock ecosystem dapps to provide instructions, guidance, and benefits of wallet onboarding.
-
User retention: Monitor usage throughout the 6-month project and provide metrics on return usage and average actions on a mo-to-mo basis. Provide overall cost analysis per user at the end of the 6-month engagement.