Designed to fund and reward community-led proposals that advance ReFi DAO’s broader network goals. Initiatives could include new platforms, research, content production, collaborative gatherings, or other ventures that bring collective benefits to ReFi DAO’s network.
🌱 Goals
Encourage network innovation by funding initiatives that advance ReFi DAO’s impact, tooling, and community-building efforts.
Foster collaboration among Core Stewards, Contributors, Advisors, Local Nodes, and active community members.
Strengthen ReFi DAO’s community through accessible micro-grants that reward valuable contributions and experimentation.
✅ Eligibility Requirements
Direct benefit to ReFi DAO: Each proposal must demonstrate how it will strengthen or expand the DAO’s impact, tooling, or culture; and be aligned with ReFi DAO’s Community Covenant.
Membership required: It must be led by a ReFi DAO Member (Core Stewards, Contributors, Advisors, Local Node Leads, or Network Members).
Maximum funding request: Up to 3k USDGLO (100% of the pool) per proposal - though proposals with higher funding requests require more (proportional) conviction to pass.
Collaboration focus (Optional): If it’s a group initiative, highlight how it fosters synergy between multiple ReFi DAO members or nodes.
Disputes: Proposals that do not clearly demonstrate benefit to the ReFi DAO network may be disputed and rejected by the Tribunal.
✋ How it Works / How to Participate
Join ReFi DAO
Sign the ReFi DAO Community Covenant and ensure you have ReFi DAO Points so you’re recognized on the allowlist.
Visit the Network Initiatives Pool
Register in the pool on Gardens (with USDGLO), enabling you to create, support, or dispute proposals.
Create or Back Proposals
Share your initiative in a proposal, or add your conviction to existing proposals you want to see funded.
Watch Your Conviction Grow
The longer you support a proposal, the stronger your voting power becomes—growing 50% every 7 days.
🧪 Pool Parameters Explained
Pool Type: Funding – once a proposal reaches sufficient conviction, it will be granted funds.
Token for Voting: USDGLO – fixed voting weight (one person, one vote), with an allowlist for ReFi DAO Members.
Spending Limit: 100% (3k USDGLO) – max amount that can be requested in a single proposal. Higher funding requests demand greater conviction to pass.
Minimum Conviction: 20% – the percentage of voting power needed for the smallest proposal to pass. Proportionally higher for larger requests.
Conviction Growth: 7 days – your support for a proposal ramps up 50% each week you keep your vote staked.
Collateral to Create/Dispute Proposal: 67 CELO – prevents spam proposals/disputes.
Ruling Time: 7 days – the Tribunal Safe (with ReFi DAO Core Stewards) must rule on any dispute within 7 days.
Default Abstain Resolution: Rejected – if no decision is made, the proposal is automatically rejected.
Initial Pool Funding: 3k USDGLO total (1.5k from ReFi DAO treasury + 1.5k requested matching from the Gitcoin Gardens GG23 round).