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Will Papper
@will
@bountybot 50 USDC for examples of smart contract-based donation models using token yield. See thread for discussion context The yield must be donated via a smart contract. Crypto donations that do not use a smart contract (e.g. direct donations to specific addresses) will NOT qualify. Likewise, crypto donations via a smart contract that use the principal and not the yield will NOT qualify. Yield must be donated. stETH and stablecoin examples preferred. EVM-based examples preferred. 10 USDC each to the five most relevant examples. If there are fewer than five relevant examples, the 50 USDC will be split evenly among them. Duplicate answers will not be relevant and will be first come, first served.
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Ezekiel Ekondu
@ex3c
Here are a few examples of smart contract-based donation models using token yield: 1. Gitcoin Grants Rounds - Gitcoin Grants is a platform that utilizes quadratic funding to distribute donations to projects in the Ethereum ecosystem. Donors contribute DAI or other ERC-20 tokens, and the yield generated from these contributions is donated to supported projects. Link: https://gitcoin.co/grants/
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Ezekiel Ekondu
@ex3c
2. BrightID Quadratic Funding - BrightID, a decentralized identity verification protocol, runs a quadratic funding round to support community projects. Donors contribute various tokens, and the yield generated from these contributions is distributed to the projects based on a quadratic funding algorithm. - Link: https://www.brightid.org/ 3. SushiSwap Onsen Program - SushiSwap's Onsen program incentivizes liquidity providers with SUSHI token rewards. LPs can donate these rewards to supported charitable causes through the use of smart contracts that automatically distribute the yield generated by their liquidity provision. Link: https://sushi.com/ These examples demonstrate how token yields generated through smart contracts can be directed towards charitable donations or community funding, ensuring transparency and automation through blockchain technology. Each model involves the use of Ethereum-based smart contracts to manage and distribute token yields for donations.
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