A big thank you to all those interested in the Klaytn Improvement Reserve!
We are providing guidelines so that proposers and reviewers have a clear understanding of the proposals to provide maximum support for the projects.
Please refer to the guidelines before proceeding with the KIR proposal.
KIR Process
Since March 2022, KIR has been reviewing the submitted proposals on a regular basis. See below for the details of the schedule.
- Application: At any time (Applications submitted after the 1st day of the month will be reviewed the following month)
- Initial Review: From the 1st day to the 15th day of the month
- Final Review: From the 16th day to the 30th day of the month
- Next steps after the final review:
- KYC/AML, wallet verification, negotiation of KLAY payment terms, KLAY disbursement
How to submit KIR Proposal
You can submit your proposal according to the form provided by Klaytn. The procedure consists of two steps: (1) Writing the proposal β (2) Submitting the survey
1. Writing the proposal
- Download and fill out the proposal. Please find the form below:
- Download Link : [ Proposal Form ]
- Proposal must be prepared based on facts; false or exaggerated claims may result in disadvantages during the KIR review.
- The proposal will be disclosed on the KIR Forum.
2. Submitting the survey
- Fill in the survey together with the attached proposal (PDF).
- Survey link for KIR Candidates: [ Survey ]
- Main survey items
- Consent to share personal information (Refusal to provide consent will restrict further participation in the KIR)
- Personal information of the proposers - Name, Email (For providing guidance on the KIR process)
- Wallet address for KLAY funding
- Contents of the survey other than your KIR Proposal will not be disclosed.
How to submit Progress Reports (If passed)
- The Progress Report is a part of the KIR review process. Proposers must submit progress reports in order to demonstrate to the reviewers that they are following through the required activities after the receipt of the KLAY funding. Based on the report, reviewers will determine whether the commitments in the proposal have been implemented in good faith and monitor possible occurrences of any problems.
- If, during any phase of the project, it is determined through the Progress Reports that there is a critical problem with the proposal, KLAY funding will be stopped.
- Progress Report has a specific template, and within in, you are at liberty to fill it out however you want. You can add items, as well.
- Progress Reports : [ Form ]
- Upload Page: Ongoing
- Title : Proposer_project name_Progress Report(the number of progress report)
- (e.g. Ozys_Klaytn Scope/IDE_Progress Report(1) )
- (e.g. Ozys_Klaytn Scope/IDE_Progress Report(1) )
Attention:
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Please submit all documents in in English.
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Please indicate the proposed budget in USD($). KLAY funding will be provided in USD($).
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Please fill out both the milestone and proposed budget every two months. KLAY funding will be executed according to schedule (milestone/budget)
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The value of KLAYs will be calculated as the average of the closing price of Coinmarketcap during one week prior to the KLAY funding.
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When proposing the budget, just refer to the price for a typical exchange. If the prices are calculated unrealistically, the proposal may not pass.
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**KYC/AML process is required to be eligible to receive KLAY funding **.
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KLAY funding will be paid in installments. After the initial funding, you are required to submit Progress Reports to receive the remainder.
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As part of the review, reviewers may ask the proposers regarding the proposal in the forum. Please give honest answers. All of these measures serve to help understand the proposal (or the Progress Reports).
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Please make the proposal as specific as possible.
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Proposers should join the KIR forum to participate in the KIR process after having submitted the proposals