Skip to content

FUNDING_POLICY.md

CeloHT edited this page Aug 5, 2026 · 2 revisions

CeloHT Funding Policy

Version: 1.0.0
Status: Official Policy
Effective Date: August 2026


Purpose

This Funding Policy defines how CeloHT receives, manages, allocates, and reports financial resources. It exists to ensure transparency, accountability, sustainability, and community trust while supporting CeloHT's mission of advancing financial inclusion, Web3 education, environmental restoration, and community development.

This policy applies to every funding source received by CeloHT.


Guiding Principles

CeloHT follows these principles:

  • Transparency
  • Accountability
  • Community-first decision making
  • Ethical fundraising
  • Financial sustainability
  • Responsible stewardship
  • Compliance with applicable laws
  • Long-term impact

Funding Philosophy

CeloHT is a mission-driven open-source initiative.

Funding exists to strengthen the ecosystem, expand community impact, improve educational resources, support contributors, and develop open technologies.

Funding is never the mission.

The mission always comes first.


Acceptable Funding Sources

CeloHT may receive funding from:

  • Public donations
  • Individual supporters
  • Community members
  • GitHub Sponsors
  • Open Collective
  • Blockchain ecosystem grants
  • Foundation grants
  • Corporate sponsorships
  • Educational partnerships
  • Environmental partnerships
  • Research institutions
  • Universities
  • NGOs
  • Philanthropic organizations
  • Government innovation programs (where appropriate)

Grant Funding

CeloHT may apply for grants from organizations that support:

  • Open source software
  • Web3 innovation
  • Financial inclusion
  • Climate initiatives
  • Education
  • Community development
  • Public goods

Receiving a grant does not give the funder governance authority over CeloHT.


Sponsorships

Sponsors may support CeloHT financially.

Sponsors may receive recognition.

Sponsors do not receive:

  • governance control
  • voting privileges
  • ownership
  • exclusive influence
  • editorial control

Donations

Donations are voluntary.

Donors cannot purchase governance rights.

Donations do not create ownership.

Unless legally required, donations are non-refundable.


Treasury

All project funds belong to the CeloHT Treasury.

Treasury assets should be managed responsibly and securely.

Whenever practical, treasury assets should be protected using multi-signature wallets.


Treasury Priorities

Funding should prioritize:

  1. Infrastructure
  2. Website
  3. dApp development
  4. Educational programs
  5. Community events
  6. Documentation
  7. Security
  8. Contributor support
  9. Reforestation initiatives
  10. Operational sustainability

Use of Funds

Funding may be used for:

  • software development
  • infrastructure
  • hosting
  • cloud services
  • security audits
  • educational materials
  • workshops
  • hackathons
  • community events
  • environmental initiatives
  • contributor grants
  • design
  • documentation
  • legal services
  • accounting
  • operational expenses

Prohibited Uses

Treasury funds shall not be used for:

  • personal enrichment
  • illegal activities
  • political campaign contributions
  • bribery
  • market manipulation
  • fraudulent activities
  • undisclosed conflicts of interest

Financial Controls

CeloHT should maintain appropriate internal financial controls, including:

  • expense documentation
  • payment approval process
  • treasury monitoring
  • periodic financial review
  • transaction records

Transparency

CeloHT is committed to transparent financial reporting.

The project should publish financial updates whenever practical.

Transparency reports may include:

  • incoming funding
  • grant awards
  • sponsorships
  • treasury balances
  • operational expenses
  • community spending
  • ecosystem investments

Community Oversight

Major funding decisions should be discussed publicly whenever possible.

Significant treasury allocations may require governance approval according to GOVERNANCE.md.


Conflict of Interest

Anyone participating in funding decisions must disclose any potential conflict of interest.

Individuals with material conflicts should abstain from related decisions whenever appropriate.


Procurement

When purchasing products or services, CeloHT should prioritize:

  • value
  • quality
  • transparency
  • security
  • sustainability

Reserve Policy

CeloHT should seek to maintain reasonable operational reserves to improve long-term sustainability and reduce financial risk.


Risk Management

Financial risks should be monitored, including:

  • market volatility
  • stablecoin exposure
  • operational risks
  • cybersecurity risks
  • vendor dependency

Asset Management

Treasury assets may include:

  • fiat currency
  • CELO
  • cUSD
  • other legally accepted digital assets received through grants or donations

Asset allocation decisions should prioritize stability and mission continuity.


Financial Reporting

Financial reports should include, where appropriate:

  • reporting period
  • income sources
  • expenditures
  • treasury overview
  • grant activity
  • sponsorship activity
  • major initiatives funded

Audits

Independent financial or operational audits may be conducted when resources permit or when required by funding agreements.


Compliance

CeloHT will seek to comply with applicable financial, tax, and regulatory requirements in jurisdictions where it operates.


No Guaranteed Funding

Receiving funding in one year does not guarantee future funding.

Funding availability depends on community support, grants, sponsorships, and available resources.


Policy Updates

This policy may be amended through the governance process described in GOVERNANCE.md.


Related Documents

  • GOVERNANCE.md
  • TREASURY.md
  • TRANSPARENCY.md
  • FINANCIAL_REPORTS.md
  • LEGAL_STATUS.md
  • CONTRIBUTING.md
  • CODE_OF_CONDUCT.md

Contact

Funding inquiries:

  • GitHub Issues
  • GitHub Discussions
  • Official CeloHT communication channels

Copyright © 2026 CeloHT Contributors

Licensed under the MIT License.

Welcome to the official CeloHT documentation. This knowledge base provides comprehensive documentation for users, developers, contributors, partners, researchers, and ecosystem participants. Explore architecture, APIs, smart contracts, developer guides, governance, security, educational resources, roadmap, transparency reports, and community initiatives. Built with openness, collaboration, and long-term sustainability in mind, the CeloHT documentation follows international open-source documentation standards to make learning, building, and contributing accessible to everyone.

Clone this wiki locally