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PODIUM

Incentivize public goods impact reporting via payouts of yield generated from quadratic funding pools.

PODIUM

Created At

ETHGlobal New York

Project Description

The problem: Donors find it hard to see where their donations are really making an impact : results feedback is missing

Public good projects find it difficult to access a seamless path to retrospective funding

Public Goods projects are incentivized to share their impact to receive retrospective funding from yield generation from the original funding pool

PODIUM: Proof of Direct Impact Using Metadata. Verified photos with metadata can being uploaded to show impact in order to enter retrospective funding rounds.

How it's Made

PODIUM is a dApp that allows users to : Easy login with Polygon account abstraction and safe wallet. i) We Use Next.ID to establish credentials with credibility and reduce sybill attacks 2. Funding pools from large donors are staked on 1-Inch and Compound to earn yield over the quadratic funding round.
3. After payout from the quadratic funding round, the yield is stored and used as an incentive for the public good projects to report back for the PODIUM round and disclose direct impact and thus open access to retrospective funding via quadratic voting.

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