435
edits
Difference between revisions of "Quadratic funding"
no edit summary
(Created page with "Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community where the number of contributors matters more than the actual amount funded. <ref>https://finematics.com/quadratic-funding-explained/</ref> == See More == [https://www.youtube.com/watch?v=Y2UgeBqJWGU Kevin Owocki on creating the most successful public goods platform for the Ethereum nation] == References ==") |
|||
| (One intermediate revision by one other user not shown) | |||
| Line 1: | Line 1: | ||
Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community where the number of contributors matters more than the actual amount funded. <ref>https://finematics.com/quadratic-funding-explained/</ref> | Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community where the number of contributors matters more than the actual amount funded. <ref>https://finematics.com/quadratic-funding-explained/</ref> | ||
Funds are not “matched” according to a 1:1 ratio, but rather according to a proprietary formula. The formula is optimized to reward projects with more community support. So, for example, if a grant receives 100 individual donations of $1 USD, it would receive more in matched funds than a grant that received one donation of $100.<ref>https://www.gemini.com/cryptopedia/gtc-crypto-gitcoin-bounties-web3-gtc-token#section-quadratic-funding-and-gitcoin-crypto-grants</ref> | |||
== See More == | == See More == | ||
| Line 5: | Line 7: | ||
== References == | == References == | ||
<references /> | |||
[[Category:Glossary]] | |||