Ecosystem grants: key words

Money or other support that a blockchain's foundation or DAO gives to people building things for its network. Source

Something people can't be barred from using, where one person's use doesn't take away from another's. Open-source code is often seen this way. Source

A collectively-owned organisation run by proposals and votes, whose treasury can't be spent without the group's approval. Source

A funder's description of a specific problem, with a set scope and application window, inviting teams to propose a solution. Source

ESP's list of broad gaps in the ecosystem, inviting builders to propose their own ideas to fill them. Source

An agreed piece of work, with a deadline and a test of when it is done, that releases a slice of a grant once a reviewer accepts it. Source

Funding paid for work that has already shown impact, rather than for a proposal for future work. Source

A way to share a matching pool: take the square root of each gift, add them up and square the total, so many small gifts count for more than one big one. Source

Money that sponsors put up for a quadratic funding round, shared among projects on top of what donors give. Source

A reward for one clearly defined task, paid when the work is accepted. Source

Identity checks a funder runs before paying. For a company, they can include proof of incorporation. Source

A rule that you may not sell tokens you received for a set time. Optimism's grant policies set one year for most Governance Fund grants. Source

Releasing tokens bit by bit over time. With a cliff, nothing is released before a set date. Source

Taking back grant funds or locked tokens when terms are broken or key milestones are missed. Source

One person posing as many. In quadratic funding it is used to win a bigger share of the matching pool. Source