• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
Ren ProjectRen Projectby0xd150C2465e566d8EceeC6596160D9cc4E5b5Af570xd150…Af57

RIP-000-005: Launch a Community Ecosystem Fund

Voting ended almost 5 years agoSucceeded

Link to the forum thread: https://forum.renproject.io/t/rip-000-005-launch-a-community-ecosystem-fund/698

This is the final vote for RIP-000-005. For background and context, read the above forum thread.

Proposed structure:

  • Initial Ecosystem Fund fee claiming: 7.13%
  • Custody held by RenVM
  • Darknode Operators govern grant approval and funding levels
  • Initial Funding Round planned to occur quarterly (but governance could quickly shift this rate and even the date for the first Funding Round)
  • Funding Rounds distribute grants according to the quadratic funding model
  • A separate fast lane grant system can be proposed separately and exist in in parallel
  • Funding requests must specify a target amount. If less than the target amount ends up being allocated to the request (in accordance with the quadratic funding), then the funds are returned and used for next quarter. If more than 200% of the target amount ends up being allocated to the request, any excess is returned and used for next quarter

Off-Chain Vote

For
542.63 98.7%
Against
7.29 1.3%
Download mobile app to vote

Timeline

Apr 30, 2021Proposal created
Apr 30, 2021Proposal vote started
May 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated