Open Sourcing Reafino SmartStarter Smart Contracts

[Proposal setup] Proposal title

Please provide your proposal title

Open Sourcing Reafino SmartStarter Smart Contracts

[Proposal Summary] Budget Information

Enter the amount of funding you are requesting in ADA

30000

[Proposal Summary] Time

Please specify how many months you expect your project to last

3

[Proposal Summary] Translation Information

Please indicate if your proposal has been auto-translated

No

Original Language

en

[Proposal Summary] Problem Statement

What is the problem you want to solve?

There is a lack of production-ready, open-source smart contracts on Cardano for complex RealFi workflows. Most developers must start from scratch, slowing down innovation and adoption.

[Proposal Summary] Supporting Documentation

Supporting links

• https://reafino.io/
,
• https://reafino.io/reafino_litepaper.pdf
,
• https://reafino.io/dashboard

[Proposal Summary] Project Dependencies

Does your project have any dependencies on other organizations, technical or otherwise?

No

Describe any dependencies or write 'No dependencies'

No dependencies

[Proposal Summary] Project Open Source

Will your project's outputs be fully open source?

Yes

License and Additional Information

Contracts will be released under Apache 2.0 license with documentation.

[Theme Selection] Theme

Please choose the most relevant theme and tag related to the outcomes of your proposal

Smart Contracts

[Campaign Category] Category Questions

Mention your open source license and describe your open source license rationale.

We will release Reafino SmartStarter contracts under the Apache 2.0 license. This permissive license encourages adoption like MIT, while adding explicit patent protection for contributors and users. It ensures developers can safely reuse, adapt, and commercialize the contracts, fostering a robust RealFi ecosystem on Cardano without legal uncertainties.

How do you make sure your source code is accessible to the public from project start, and people are informed?

All code will be hosted on a public GitHub repo from day one, ensuring transparency and open access. The repository will be linked on our website, litepaper, and shared via social channels and community forums. This guarantees that developers, voters, and the wider Cardano community can track progress and access the latest version at any time.

How will you provide high quality documentation?

We will deliver developer-friendly documentation maintained alongside the codebase. This includes README guides, code comments, API references, deployment scripts, and real-world usage examples. Tutorials and walkthroughs will be added to support onboarding. Our goal is for any Cardano developer to quickly deploy, test, and extend SmartStarter contracts with confidence.

[Your Project and Solution] Solution

Please describe your proposed solution and how it addresses the problem

About Reafino platform and SmartStarter

Reafino is a RealFi dApp on Cardano, designed to bring real-world economic activity on-chain. Its vision is to enable hundreds of real-world initiatives to thrive through blockchain-powered finance catalyzing millions in value flow and inclusive prosperity. Reafino is structured into four product segments:

SmartStarter - all-or-nothing crowdfunding for pooled capital.

SmartPlay - fully on-chain games with a RealFi angle

SmartHedge - event-linked insurance products.

SmartShares - decentralized equity and community-driven investment.

You can read in detail in the Reafino Litepaper: https://reafino.io/reafino_litepaper.pdf

You can also try out SmartStarter on the public testnet to experience its functionality firsthand: https://reafino.io/dashboard

The focus of this proposal is SmartStarter, Reafino’s first product module. It is a fully on-chain, trustless, and permissionless smart contract suite that enables complex workflows for crowdfunding and pooled capital management. SmartStarter follows an all-or-nothing funding model: projects only receive funds if their targets are met; otherwise contributors are automatically refunded.

This design guarantees fairness and transparency without intermediaries or admin keys. More than a simple crowdfunding tool, SmartStarter showcases end to end smart contract workflow designed for production without bottlenecks or centralized control.

We will release the full SmartStarter contracts under the Apache 2.0 license, ensuring open and safe reuse across the Cardano ecosystem. The release will include:

1. Production-ready smart contracts
2. Developer documentation
3. Example workflows and usage guides
4. Open office hours (for 6 months): a regular schedule where the Reafino team will assist interested developers in understanding, deploying, and extending SmartStarter contracts.
5. Long-term support: even after the 6-month period, we remain committed to providing guidance and answering queries on an ad-hoc basis to ensure sustainable adoption.

What makes it innovative

SmartStarter goes far beyond a simple crowdfunding demo. It introduces advanced, production-grade features such as:

• End to end smart contract worlkflow
• No counterparty risk. Automatic refunds: contributors are repaid seamlessly if targets are not met, enforced by contract logic. No admin keys or middlemen.
• Pooled fund management: supports multiple asset types, including stablecoins and Cardano native tokens.
• Parallelized UTXO processing: designed to avoid throughput bottlenecks, ensuring the system scales with Cardano’s block space.

Why it matters for Cardano

Cardano currently lacks open, production-ready smart contracts for real-world workflows. Most existing examples are prototypes or narrow in scope.

SmartStarter fills this gap by offering a battle-tested contract suite that demonstrates how to design resilient, high-throughput RealFi workflows.

Developers, entrepreneurs, and researchers can use it as a foundation for: Community crowdfunding platforms, Cooperative finance tools, Micro-investment schemes, NGO or community grant distribution, Event- or milestone-linked fund releases

Ecosystem Benefits

• Lower barriers: new teams don’t need to reinvent complex logic.
• Spread best practices: showcasing robust design patterns in Plutus/Aiken.
• Save time and cost: allowing faster delivery of new RealFi apps.
• Accelerate adoption: more dApps on Cardano using shared building blocks.

Role of Catalyst funding

1. Partially compensate and sustain the team, fairly recognizing six months of self-funded work completed before seeking community support. The Reafino team members have contributed at varying levels of effort and responsibility, but all have shared in building SmartStarter in good faith.
2. Open source production-ready contracts that demonstrate complex, scalable RealFi workflows.
3. Reinvest directly into the next Reafino product segment (already in design), expanding into fully on-chain game mechanics linked to RealFi.
4. Strengthen Cardano’s RealFi ecosystem, opening doors to RWA adoption and onboarding new users.
5. In support of this, we will also package and release the code with complete documentation, examples, and tutorials, and offer open office hours for 6 months to assist developers in adapting SmartStarter contracts.

[Your Project and Solution] Impact

Please define the positive impact your project will have on the wider Cardano community

About SmartStarter

SmartStarter is Reafino’s first product: a fully on-chain, trustless, and permissionless smart contract suite that implements advanced workflows for crowdfunding and pooled capital. It supports all-or-nothing funding, automatic refunds, and multi-asset support. Unlike simple demo contracts, SmartStarter is designed for real-world scale: no admin keys, no intermediaries, and optimized to scale throughput to max utilisation of available block space on Cardano.

Open sourcing the Reafino SmartStarter smart contracts will deliver transformative benefits for the Cardano community, both in the immediate term and in the long run.

Production-Ready Contracts for Everyone:

• The Cardano ecosystem has many experiments and prototypes, but very few production-ready, and scalable contracts.
• SmartStarter provides a tested, fully on-chain, trustless, and permissionless contract suite for extensive workflows like crowdfunding and pooled funding.
• Open sourcing it means developers can immediately use, fork, or extend these contracts, accelerating their projects and saving months of duplicated effort.

Strengthening Cardano’s RealFi Ecosystem

• RealFi requires robust smart contracts for real-world finance.
• SmartStarter has been engineered for scalability without throughput bottlenecks, making it a valuable building block for diverse applications beyond crowdfunding.
• With these contracts openly available, teams can create cooperative finance apps, micro-investment platforms, and community funding tools directly on Cardano.

Lowering Barriers & Spreading Best Practices

• SmartStarter offers a reference architecture demonstrating secure design patterns: UTXO parallelization, payout and refund logic.
• This lowers the barrier for new developers, accelerates onboarding, and spreads proven best practices across the ecosystem.

Demonstrating Cardano’s Maturity

• Releasing SmartStarter signals that Cardano is maturing from prototypes to production-ready modules.
• This inspires confidence among developers, entrepreneurs, and investors that Cardano can support real-world applications at scale.

Encouraging a Culture of Contribution

• The team has self-funded six months of development to reach this stage. By open sourcing, we show that honest, upfront work can benefit the wider community.
• Catalyst support enables us to recoup part of the time and funds invested, which sustains the team and ensures we can focus on developing the next Reafino product segment.
• Supporting this proposal encourages other builders to do the same - create, deliver, then open source their contributions.

Long-Term Ripple Effects

• SmartStarter will serve as a foundation for derivative projects, hackathon bases, and even enterprise pilots.
• With full documentation, tutorials, and deployment guides, the contracts will be accessible not only to advanced developers but also to smaller teams, NGOs, and startups.
• Each fork or integration compounds the ecosystem impact: more users, more transactions, and stronger network effects for Cardano

In summary, this proposal combines ecosystem benefit with team sustainability. By funding the open sourcing of SmartStarter, the Cardano community gains a production-ready RealFi contract suite and establishes a culture of openness, while the Reafino team is fairly compensated for self-funded work and enabled to keep building the next product segment that advances Cardano even further.

[Your Project and Solution] Capabilities & Feasibility

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Capabilities

The contracts are already developed, tested, and deployed on Cardano public testnet. Our team has deep expertise in Plutus/Aiken smart contracts, frontend integration, and Cardano infrastructure. The remaining effort is focused on packaging the codebase, licensing, creating developer documentation, and publishing open tutorials.

Feasibility

Risk is minimal as this is not speculative development - the product is on the public testnet and works today. Catalyst support ensures its sustainable release for community benefit as well as support our teams new development work.

[Milestones] Project Milestones

Milestone Title

Open-Source Repository Preparation & Public Release

Milestone Outputs

In this first milestone we will prepare the SmartStarter contracts for open-source release. The goal is to ensure the code is production-ready, legally safe for reuse, and accessible to the wider Cardano community.

Outputs:

1. Cleaning the codebase and remove any test artifacts.
2. Applying the Apache 2.0 license, which provides both permissive reuse and patent protection for contributors and adopters.
3. Publishing the contracts in a public GitHub repository, with clear folder structure and initial README.
4. Ensuring the repository is publicly linked from our website, social channels, and shared with Cardano developer forums to maximize discoverability.

By the end of this milestone, the ecosystem will have direct access to a production-ready, trustless, and permissionless contract suite, representing one of the first fully open RealFi-grade contract releases on Cardano. This milestone sets the foundation for further developer documentation, tutorials, and community adoption efforts.

Acceptance Criteria

• Codebase is cleaned of internal configurations and test artifacts.
• Apache 2.0 license applied and included in the repository.
• Public GitHub repository is live with clear structure and an initial README.
• Repository link is publicly accessible from Reafino’s official website and social media channels.
• Announcement of repository release shared with the Cardano developer community (e.g. Discord, forums, Twitter/X).

Evidence of Completion

1. Public GitHub repository link showing the licensed, cleaned code.
2. Screenshots of repository structure and README.
3. Website and social posts linking to the repository.
4. Copies of community announcements (developer forum posts, Discord, or X/Twitter threads).

Delivery Month

1

Cost

9000

Progress

50 %

Milestone Title

Documentation & Developer Support Setup

Milestone Outputs

In this milestone we will create documentation and a structured support framework to maximize developer adoption/adaptation of the SmartStarter smart contracts.

Outputs

1. Comprehensive developer documentation: README, architecture overview, code comments, API references, and deployment guides.
2. Example workflows and usage guides: step-by-step examples showing SmartStarter in action, such as creating a campaign, reaching a funding milestone, refunds, and payouts.
3. Open Office Hours Calendar: a published 6-month schedule (weekly sessions) where the Reafino team will host open office hours to assist developers with adoption and integration.
4. Community communication: share documentation and support details via Reafino website, X/Twitter, Discord, and Cardano developer forums.

Acceptance Criteria

• Documentation is published in the GitHub repository and covers setup, architecture, and usage.
• Example workflow/usage guide is available, demonstrating SmartStarter in action (e.g., campaign creation and funding).
• Open Office hours calendar (6 months) is published and accessible.
• Evidence of communication and visibility on official channels (website, social, developer forums).

Evidence of Completion

1. GitHub repository with documentation and at least one workflow/usage guide.
2. Link or screenshot of the published office hours calendar.
3. Screenshots/links of announcements on Reafino website, X/Twitter, and developer community channels.

Delivery Month

2

Cost

9000

Progress

90 %

Milestone Title

Open-Source Launch & Community Engagement

Milestone Outputs

1. Public announcement of the SmartStarter open-source release through official channels (website, X/Twitter, Discord, developer forums).
2. Scheduled open office hours to assist developers.
3. Summary of office hours held during the month period, including number of sessions conducted and attendance statistics.
4. Publication of engagement metrics (e.g., repo stars/forks, developer feedback, participation in workshops) uptil first month.

Acceptance Criteria

• Announcement posts of the open-source release are publicly visible across at least two official channels.
• Office hours schedule is published and at least one session held during this milestone period.
• A brief report of sessions conducted and attendance numbers is made publicly available.
• Engagement metrics (GitHub stars/forks or developer participation feedback) are shared.

Evidence of Completion

1. Links/screenshots of announcement posts on website and social/community channels.
2. Published office hours schedule and attendance summary (e.g., GitHub wiki or blog update).
3. Screenshots of GitHub Insights showing stars/forks.
4. Developer feedback or participation logs from workshops/office hours.

Delivery Month

3

Cost

12000

Progress

100 %

[Final Pitch] Budget & Costs

Please provide a cost breakdown of the proposed work and resources

Budget

• Open-source release of SmartStarter smart contracts with documentation: 30,000 ADA

This budget represents partial compensation for the six months of self-funded work by the Reafino team to design, build, and test SmartStarter into a production-ready, fully on-chain, trustless, and permissionless contract suite.

Catalyst support will allow us to:

• Open source the SmartStarter contracts under Apache 2.0, with documentation and usage guides.
• Provide structured developer support (open office hours, onboarding).
• Sustain the team and reinvest into the next Reafino product segment, ensuring continued delivery of high-quality RealFi solutions to Cardano

Cost Justification

Building SmartStarter was a six-month, self-funded effort. Designing a production-ready, fully on-chain, trustless, and permissionless contract suite for complex workflows required significant time and expertise. Comparable work from qualified teams would command far higher budgets.

The 30,000 ADA request is intentionally modest - it represents only partial compensation for the effort already delivered.

Equally important, this amount will be reinvested directly into further product development. As outlined in our litepaper, Reafino envisions four RealFi product segments. SmartStarter is the first; the next segments are already being designed. Catalyst support here allows us to sustain momentum and continue the cycle of:

Build → Deploy → Share → Seek Catalyst support → Reinvest → Build again

This is an honorable ask in good faith. We have already delivered and proven our work before seeking support. Funding this proposal ensures that SmartStarter is open-sourced for the benefit of all Cardano developers, while empowering our team to advance the next RealFi modules that will broaden adoption and utility for the ecosystem.

[Final Pitch] Value for Money

How does the cost of the project represent value for the Cardano ecosystem?

This proposal offers strong value for Cardano by turning six months of self-funded work into a shared, open-source asset. For a modest one-time cost, the community gains audited, production-ready RealFi contracts that can be reused, forked, and extended indefinitely.

SmartStarter gives developers a strong starting base, saving them both time and money while encouraging new projects to flourish faster. It also sets an example showing that honest, self-funded work, delivered first and shared openly, will be rewarded.

By supporting this proposal, Catalyst not only secures a high-quality RealFi building block, but also sustains the Reafino team so we can keep contributing. Our next product modules are already in design, and this support ensures we can continue building in good faith, reinvesting back into the ecosystem.

In short: this is not just compensation, it’s a way for the community to invest in a cycle of open innovation that strengthens Cardano’s position as the blockchain for RealFi.

[Required Acknowledgements] Consent & Confirmation

Terms and Conditions:

Yes