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+# Idea
+
+Implement a User retention tool(cohort analysis and funnel analysis) for Opyn V1 and V2 protocol.
+
+## Introduction
+
+Implement User retention tool(cohort analysis and funnel analysis) for Opyn V1 and V2 protocol.
+
+![cohort analysis](https://s3.us-west-2.amazonaws.com/secure.notion-static.com/b206d675-eb7c-4947-9ee0-7d0ac99c1fae/Screen_Shot_2021-04-25_at_5.30.53_PM.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAT73L2G45O3KS52Y5%2F20210430%2Fus-west-2%2Fs3%2Faws4_request&X-Amz-Date=20210430T063659Z&X-Amz-Expires=86400&X-Amz-Signature=1d71da0698e4e4e7437027216b8abbda4ba5804a8f1893cf04330dad15ca1073&X-Amz-SignedHeaders=host&response-content-disposition=filename%20%3D%22Screen_Shot_2021-04-25_at_5.30.53_PM.png%22)
+
+## Details
+
+**Team Size** : 3
+
+### Importance of User Retention Analysis
+
+- Cohort analysis will help measure the user engagement of Opyn users over time. It will help track repeat users on Opyn platform and understand what makes them happy.
+- The tool will help understand vital metrics such as churn, users lifecycle and customer lifetime value.
+- The analysis can be used to identify the success of the feature adoption rate.
+- A funnel report gives information on how Opyn users progress through different stages and where they drop off. Funnel analysis help identify barriers that cause users to leave before reaching a conversion point.
+
+### Features
+
+- Display aggregated metrics e.g. total Deposit transactions, Total unique users doing deposit
+- Monthly Cohort analysis of unique user DepositCollateral transactions.
+- Monthly Cohort analysis of unique user WithdrawCollateral transactions.
+- Monthly Cohort analysis of the total Deposit Collateral amount.
+- Monthly Cohort analysis of the total withdrawn Collateral amount.
+- DepositCollateral Funnel analysis and graph.
+- WithdrawCollateral Funnel analysis and graph.
+
+Please see the user retention tool implemented for AAVE protocol.
+https://github.com/dappquery/aave-user-retention-analytics
+
+## Milestones
+
+- Data will be pulled from Opyn V1 and V2 protocol subgraph and after transformation, data will be populated in SQL tables in the Postgres database.
+- SQL queries will be written to query data from the Postgres database.
+- Graph will be displayed on the SQL query result.
+- DepositCollateralAction subgraph entity will be used for tracking the user's deposit on a month-by-month basis.
+- WithdrawCollateralAction subgraph entity will be used for tracking the user's deposit on a month-by-month basis.
+- The dashboard/tool will be hosted on a subdomain e.g. opyn.dappquery.com.
+
+### Ideal Launch Date
+
+2-3 weeks
+
+## Funding Request and Budget Breakdown
+
+12k USDT
+
+Grant will cover below features:
+
+- Development efforts for the above-mentioned features.
+- Infrastructure cost for running and maintaining the dashboard on the AWS cloud.
+- Hosting the project on remote servers.
+- Postgres database cost.
+- Maintenance and support for a year.
+- Dappquery is TheGraph Indexer. We will be indexing Opyn V2 subgraph
diff --git a/proposals/template.md b/proposals/template.md
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 # Project name
 
-|  |  |
-| -------- | -------- |
-| Status | Draft |
-| Author   | {Your name + link to the intro in discussion!}  |
-| Discussion   | {Link to project discussion or issue #}  |
-| Labels | |
-| Repo   | {link to your repo if you have one}  |
+|            |                                                |
+| ---------- | ---------------------------------------------- |
+| Status     | Draft                                          |
+| Author     | {Your name + link to the intro in discussion!} |
+| Discussion | {Link to project discussion or issue #}        |
+| Labels     |                                                |
+| Repo       | {link to your repo if you have one}            |
 
 ## Introduction