ππ‘ππ π’π¬ ππ’πππ¨π’π§ (πππ)?
Gitcoin (GTC) is building and funding digital public goods.
Gitcoin pioneered the use of quadratic funding and is the largest independent platform to fund open source projects of the crypto ecosystem via Gitcoin Grants.
Gitcoin will utilise a fork of Compoundβs governance framework, in which all proposals feature a 1% minimum proposal threshold, a 2.5% quorum and require a 51% majority to pass.
In order for a vote to be proposed on-chain, the proposer must hold at least 1% of the total token supply. In order for that vote to pass, at least 2.5% of the total token supply must vote on the proposal with 51% of the votes in favour of the winning decision.
https://gitcoin.co/
@CryptoTrades #gitcoin #gtc #education #altcoins
Gitcoin (GTC) is building and funding digital public goods.
Gitcoin pioneered the use of quadratic funding and is the largest independent platform to fund open source projects of the crypto ecosystem via Gitcoin Grants.
Gitcoin will utilise a fork of Compoundβs governance framework, in which all proposals feature a 1% minimum proposal threshold, a 2.5% quorum and require a 51% majority to pass.
In order for a vote to be proposed on-chain, the proposer must hold at least 1% of the total token supply. In order for that vote to pass, at least 2.5% of the total token supply must vote on the proposal with 51% of the votes in favour of the winning decision.
https://gitcoin.co/
@CryptoTrades #gitcoin #gtc #education #altcoins