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Quadratic Funding Protocol #26
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done This issue now has a funding of 53145.3773 WEVER attached to it as part of the everscale-org fund.
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Hello @EternalFlow, |
@naftalimurgor is your initiative on this task still relevant? |
Yes, It's still relevant, just waiting for some head's up to set the ball rolling. Is it still available on Gitcoin? |
Hi! we decided to update the prize for this bounty however, I forgot to reflect that on gitcoin website will do that soon. if the issue description on github is ok for you, please start and don't hesitate to reach me on telegram (https://qwadratic.t.me) if any problems arise |
Hey @EternalFlow No worries, I 'll reach out on Telegram if any problems arise |
Hey @qwadratic I'm working on this bounty (in Solidity, Nextjs for the client) and was wondering if the bounty price could be increased to $1500 USDT considering the scope of the work to be done. |
possible. but before I arrange that, please provide some repo with work in progress |
Prize
$500
Challenge description
You may probably know how Quadratic Funding is implemented on the Gitcoin Grants platform. If you're not familiar with this concept - there is a dedicated page about that
We at Everscale, have the Ever DAO tool for decision-making. We still use a simple multi-signature smart contract for the distribution, which seems to be a limited solution, causing coordination overheads and raising the collusion issue.
At the Gitcoin DAO, there is a Grants platform, which solves these issues. It became a leading public funding tool for web3. Gitcoin DAO employs the Quadratic Funding mechanism for years to fund open-source projects.
We invite you to build a dApp that implements the project matching and public funds distribution protocol.
Note: the Sybil Resistance issue is out of the scope of this bounty, but we highly encourage you to elaborate on that topic
Submission Requirements
The minimal submission should be a set of smart contracts, deployed on devnet / mainnet.
These contracts should facilitate the process of TIP-3 tokens distribution to some set of Projects.
Proposed flow
Judging Criteria
It should work, be covered with tests, and ideally, be connected to the UI
The contracts are judged first. Good UI is a plus, though
The fewer bugs and security issues - the better.
Winner Announcement Date
7th of December, 2022
Resources
Ever DAO
You may take some inspiration from Ever DAO
The Ever DAO is a simple proposal/voting smart contract system, which is capable of executing custom logic upon a successful vote. The OctusBridge DAO uses the same contracts to operate the OctusBridge configurations and manage its treasury.
See how Ever DAO (OctusBridge DAO) contracts are implemented and connected to the web-based dApp
Quadratic Funding
The article explains the Quadratic Funding
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