QIVE
Introducing QIVE: Donate once, and make an impact forever! 🌍 Using MACI's QF, Dynamic wallet, liquid staking, WorldID, and OApps, we turn your donation into yield-generating assets that continuously fund causes. It's fair, democratic, and creates lasting change.
Project Description
The beauty of QIVE’s tech stack lies in its long-term vision. By turning donations into perpetually active, yield-generating assets by leveraging LSTs and LRTs, QIVE is building a sustainable funding model that could eventually support universal basic income (UBI) for communities in need. As long as Ethereum runs and users remain staked, the platform becomes a self-sustaining engine for social good. It’s a forward-thinking approach to charity, designed not just for short-term relief but for long-lasting, global impact.
How it's Made
QIVE is a groundbreaking platform that leverages cutting-edge Web3 technologies to solve the inefficiencies of traditional charitable donations. At its core, QIVE uses Quadratic Funding, a method that democratically allocates funds based on community votes, ensuring that the most popular causes receive the most support. This system is powered by Minimal Anti-Collusion Infrastructure (MACI), which ensures that votes remain secure, private, and free from manipulation. The vote is encrypted using a coordinator's PK. By integrating WorldID’s anti-Sybil technology with unique for max authentication that triggers the creation of Dynamic wallet using its Telegram auto-login (programmatic wallet generation), QIVE ensures that only verified human users participate, preventing bots, multiple accounts, or fraudulent entities from swaying the outcomes.
The tech stack doesn’t stop there. Donations on QIVE are transformed into yield-generating assets through liquid staking and restaking protocols like Lido. When a user donates, their funds are staked, and the yield generated from these assets is continuously used to fund causes in future rounds. This means that your initial contribution never depletes—only the yields are donated. Through LayerZero's omni-chain messaging and lzNativeDrop, we enable seamless fast cross-chain transactions, ensuring that donations can be bridged from any blockchain to Ethereum’s mainnet, creating a fluid and user-friendly experience for onboarding and participation. Not just from chains using ETH, but it also support seamlessly converting MATIC or BNB to ETH.
We deployed the app server in Vercel and launch the app as a Telegram mini-app since it's currently the most convenient platform.
