ID: #1000128 | Status:
Complete

Last updated 45 days ago

New SPO revenue streams for securing bridge infrastructure

Problem

Currently, the main forms of SPO revenue come from staking rewards or ISPO allocations. SPOs should have new revenue opportunities from securing other decentralized infrastructure (such as bridges).

Solution

Our solution is to build easy-tooling such that SPOs can tap into a new revenue sources for securing and validating bridge activity between Cardano and new ecosystems.

Total to date

This is the total amount allocated to New SPO revenue streams for securing bridge infrastructure. 6 out of 6 milestones are complete

₳850,000
Total funds requested
Distributed: ₳850,000
Remaining: ₳0
10/23
11/23
00/24
01/24
02/24
03/24
Complete
In Progress
To be completed
635
Total Votes
₳306M
Votes Yes
₳138M
Votes No

Monthly report

NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here

Progress report

Status:
On track: No
Estimated completion date: -

Progress report

Status:
On track: No
Estimated completion date: -

Team

The catalyst funded project will be run by the Rosen Bridge team and supported by the zenGate team. The Rosen team will also be supported and consulted by a select group of subject matter experts from the community - made up of SPOs and community advocates. The intention behind this is to ensure maximum alignment on design and launch strategy to ensure a successful adoption of the decentralized tools. The Rosen Bridge team is made up of over 10 developers.

Core Team:

  • Theodore Morisis: Consulting with the SPO working group, SPO onboarding strategy and educational workstream lead.
  • Daniel Friedman: SPO working group liasion, CIP proposal drafting and SPO onboarding support

Subject matter experts - Product and Technical:

  • Ilya Oskin: Technical Advisory and code audit support.
  • Sam Lambert: Project management support and CIP proposal writing support
zenGate Global
zenGate Global
chadle (BBHMM)
chadle (BBHMM)
Theodore
Theodore
Spectrum Labs
Spectrum Labs
Daniel.friedman
Daniel.friedman
mhs_sam
mhs_sam
Rosen Bridge
Rosen Bridge