A secure, Sybil-resistant way to "support" public goods - that leverages on AAVE Native Credit Delegation. It's deployed on MATIC Layer 2 and relies on DiTo for identities and project management


Everyone no matter DiTo users or not can contribute to the public good on Q2T. It allows 2 types of login - SkillWallet or Metamask. After the user authenticates, the user can 1 of 3 categories to support - Art, Blockchain & Open-Source, Local communities. The user can support in DAI or USDC. The user can select up to a 50% repayment structure.
The funds from the sponsors are distributed based on community-members holdings on DiTo.
Each milestone is a completed gig, which means that it has a value in DiTo Credits. These DiTo credits are sent to the treasury as a form of repayment. The treasury "community member" never loses DiTo credits, because it can't open gigs. So the treasury's credits always grow. Once the treasury hits 3840 credits means that the projects inside the community are complete and won't receive any more funds.
So we repay the missing % of repayment thanks to the yield return matured while the USDC/DAI/etc were locked.

Support Public Goods

Individual supporters and larger donors can seamlessly and trustlessly delegate their donations to the Quadratic Treasury, for it to automatically distribute it to the projects in the area of Public Goods based on milestones achieved in each distribution snapshot. In just 2 steps, they can select the Area (currently: Blockchain/Open-source; Art&Events; Local Communities) of Public Goods they want to support, and the repayment structure (0-to-50%), in case they wish to receive back part of their investment+interest. Also, this model allows Q2T to bring non-repayable loans/grants on the DeFi space and spares DAOs/projects the time that they would have wasted in tiring and bureaucratic processes to attract grants and external expertise.
/*Smart Contracts flows Evgenij*/

Fund my Project

Members of a DAO, a collective, or a local community can easily Stake and Pool together their funds providing liquidity to the AAVE protocol, in order to accrue returns and redistribute funds and interest to internal projects based on each project's individual milestones achieved. This allows them to organize their projects in an efficient manner ("coordination problem"), and administrate collective funds in a sustainable, fully decentralized way.
/*Smart Contracts flows Evgenij*/
Last modified 10mo ago