/ OIP-44
Passed
Budget for round 7: $3.2M for payments and wallets
Fund round 7 of the builder grants with $3.2M for wallets, checkouts, on-ramps and payment APIs. Applications close on 12 Dec 2026 and every applicant hears back by 30 Jan 2027.
For
88%
Against
9%
Abstain
3%
Quorum reached · 8.3% of staked ORL voted
Author
Amara Okafor
Voting ends
30 Oct 2026
Budget
$3,200,000
?
Why payments
Oriel was built for everyday payments, and the teams that use it that way grow fastest. Tessel has 140,000 wallets, Paywire 2,300 shops and Tillpoint 900 stores. Round 7 asks for more of that work.
How grants are sized
Grants run from $25k to $250k, paid in two to four tranches as milestones ship. At an average of $130,000, the grants line covers about 21 teams. Two foundation reviewers and one community reviewer read every application.
What the rest pays for
$250,000 pays for security reviews of funded wallets before they reach mainnet users. A $160,000 reserve covers milestones that run over, and $40,000 pays community reviewers for their time. Anything unspent when the last milestone is paid returns to the treasury.
Budget
Builder grants, about 21 teams
Security reviews for funded wallets
Reserve for milestone overruns
Community reviewer stipends
Draft
16 Oct
Discussion
17 to 23 Oct
Vote
Until 30 Oct
Execution
By 13 Nov
