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Come up with some ideas for Solana Foundation grants program #49

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metaproph3t opened this issue Apr 26, 2024 · 0 comments
Open

Come up with some ideas for Solana Foundation grants program #49

metaproph3t opened this issue Apr 26, 2024 · 0 comments
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@metaproph3t
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I spoke to Andrea from the Solana Foundation last night and they're interested in using futarchy to allocate ~$100k in grants ($10-20k / grant) as a proof-of-concept.

I need to sit down and think about how these mechanics would work given that we can't use SOL price. Some ideas are:

  • Contracts that pay out relative to satisfaction with grants program
  • Contracts that pay out relative to some metric with the specific grant
  • Prediction markets on whether SF will approve the grant

He seemed pretty open. He even said we could potentially use this for things that specifically benefit MetaDAO / futarchy.

@metaproph3t metaproph3t self-assigned this Apr 26, 2024
@metaproph3t metaproph3t converted this from a draft issue Apr 26, 2024
@metaproph3t metaproph3t moved this to Todo in Futarchy Apr 26, 2024
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