Create mikevaultstudios.md

[mikej420710666-ux]

Application for Level 1 Grant: MikeVaultStudios DeFi Automation Suite

This application proposes funding for developing an advanced DeFi automation suite with cross-chain integration focused on the Polkadot ecosystem.

Key deliverables:

• Sniper Bot smart contract deployment and documentation
• L2 Saver contracts for gas optimization
• Cross-chain bridge integration with Polkadot
• Comprehensive testing and user documentation

Total funding requested: $10,000 USD (Level 1)
Duration: 2 months

Project Abstract

Please replace these instructions with a brief description of your project summarising key points (1-2 paragraphs).

If your application is a follow-up to a previous grant, please mention which one in the first line of the abstract and include a link to previous pull requests if applicable.

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (project_name.md).
• I have read the application guidelines.
• Payment details have been provided (Polkadot AssetHub (USDC & DOT) address in the application and bank details via email, if applicable).
• I understand that an agreed upon percentage of each milestone will be paid in vested DOT, to the Polkadot address listed in the application.
• I am aware that, in order to receive a grant, I (and the entity I represent) have to successfully complete a KYC/KYB check.
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @_______:matrix.org (change the homeserver if you use a different one)

[github-actions]

CLA Assistant Lite bot: Thank you for your submission, we really appreciate it. Like many open source projects, we ask that you sign our Contributor License Agreement before we can accept your contribution. Please submit the following text as a separate comment:

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I have read and hereby sign the Contributor License Agreement.

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[semuelle]

Hi @mikej420710666-ux, thank you for the application and the effort you have put into it. However, the Web3 Foundation has decided to shut down the Grants Program. Therefore, we are not accepting any new applications.