> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cow.bleu.builders/llms.txt
> Use this file to discover all available pages before exploring further.

# Grant Types

> The CoW Grants Program offers different types of grants to accommodate various project needs. Understanding the differences will help you choose the most appropriate structure for your proposal.

## Milestone-Based Grants

Milestone-based grants are designed for projects with clearly defined deliverables and outcomes.

### Key characteristics:

* Structured around specific, measurable deliverables
* Payment tied to completion of defined milestones
* Suitable for development projects, integrations, or research with clear outputs
* Each milestone includes detailed descriptions, deliverables, due dates, and funding amounts

### When to choose:

* Your project has clear, measurable deliverables
* You can break down the work into distinct phases
* You need funding based on completion of specific objectives

## Time-Based Grants

Time-based grants are not tied to specific deliverables but to the provision of time and effort over a period.

### Key characteristics:

* Based on dedicated time commitment rather than specific deliverables
* Suitable for ongoing roles, maintenance, or advisory services
* Can be structured by hours, days, or months
* Requires clear scope of work and responsibilities

### When to choose:

* Your contribution involves ongoing work or maintenance
* The value is in consistent effort rather than specific outputs
* Your role requires flexibility in addressing emerging needs

## Hybrid Grants

Some projects may benefit from combining aspects of both milestone and time-based grants.

### Key characteristics:

* Combines fixed deliverables with ongoing time commitments
* Allows for both structured outcomes and flexible contributions
* Must clearly specify which parts are milestone-based and which are time-based

The specific grant type must be clearly stated in your application and will be confirmed during the approval process.

## Bonus Allocations

As introduced in CIP-63, the Grants DAO Committee may award discretionary bonuses to grantees who demonstrate exceptional performance. These bonuses:

* Are capped at 10,000 xDAI or equivalent in COW per grant
* Do not require additional milestones or deliverables
* Are awarded at the committee's discretion for outstanding contributions
* May be given for exceptional results, significant ecosystem impact, or extraordinary efficiency

For complete details on grant types and requirements, refer to the [CoW DAO Grant Agreement](https://bafkreifcftgaleyxkekkic36beyveiomqmlwyduyfh3s25zj3uyngr6ht4.ipfs.dweb.link/).