How can we distribute Cardano Treasury funds more rapidly in a transparent, accountable, and safe manner?
This is the total amount allocated to F7: Catalyst - Rapid Funding Mechanisms
Increasing the speed of funding is critically important to allow important projects to move rapidly from volunteers to paid professionals. While volunteerism is strong in our community (and a strength), the ability to pay people for their time will accelerate and dramatically improve the time and energy people will be able to devote to Catalyst.
We need to explore alternative ways of scaling how we fairly distribute the treasury to grow the Cardano ecosystem. We should be willing to experiment and try different models in parallel and compare and contrast them. Paramount to our success is scaling how our community functions and decides on fair and just allocation of our treasury, measuring its impact, and continuously evolving and improving.
Why is it important?
Catalyst relies on continuous work by the community to progress and grow, rapid funding can support a wider array of work and personal needs
How does success look like?
Implemented rapid Catalyst funding mechanisms that provide sustainable economic value to proposers within Project Catalyst guidelines.
Key Metrics to measure
View all the ideas that were allocated funding in this challenge.