completed
SPOs Supporting Community Projects
Current Project Status
Complete
Amount
Received
$4,988
Amount
Requested
$6,650
Percentage
Received
75.01%
Solution

Create a registry of interested SPOs, match them to community projects, and set up standards for reward allocation, security, and reporting.

Problem

Small SPOs struggle to get delegation. Community projects and groups don’t know how to run a stake pool. Let’s bring these two together!

Addresses Challenge
Feasibility
Auditability
SPOs Supporting Community Projects

(https://twitter.com/pool_salmon) who have been running a mission-driven stake pool to support the Salmon Nation Decentralized Alliance (https://www.sanada.eco). This team is also highly engaged with the Catalyst community and community projects. We form a unique bridge between these two communities and understand well the challenges and issues both small SPOs and community projects face.

Strong ties to the Cardano4Climate group make that an ideal community in which to start a second Community Pool Network alongside Ryuuki. The community already has a number of strong community projects as well as SPOs collaborating and adding some organization and structure for forming a pool network would be a logical next step there.

<u>Core Team:</u>

Auditability:

<u>Transparent from the beginning</u>

  • SPOs and projects interact on a public community forum to get to know each other, collaborate, and interact.
  • Suitability of participation for SPOs and projects will be audited for fairness by peers through well-documented criteria and procedures
  • Community Pool Networks will be encouraged and will reference the first example in Ryuuki <https://cardano.ideascale.com/a/dtd/Ryuki-Funding/380968-48088>

Roadmap (3 months):

<u>February</u>

  • Establish a panel of project peers to evaluate and determine "proof of soul" for community projects.
  • Establish a panel of SPOs to verify the security, configuration, and ensure candidate stake pools are following best practices
  • Establish best practices around wallet management and margin allocation between stake pools and projects

<u>March</u>

  • Begin working with Cardano4Climate to find projects that are interested in stake pool support
  • Outreach to xSPO and other SPO communities to find interested stake pools to come meet the projects
  • Begin peer evaluation process and matchmaking

<u>April</u>

  • Launch a second community pool network like Ryuuki.
  • Publish open-source documentation on how peer review happens for projects and stake pools

KPIs:

Input Metrics (leading indicators):

  • number of promotions for the service on public forums, telegram groups, and twitter
  • number of qualifying projects (peer verified)
  • number of qualifying stake pools (peer verified)

Output Metrics (lagging indicators):

  • number of SPOs and projects that work together
  • amount of delegated ADA to these pools before and after partnering
  • amount of rewards generated before and after partnering

OKRs:

  • Have a set of criteria and documented procedures for peer-reviewing stake pools and projects by the end of March, 2022
  • Form a new Community Pool Network comprised of Cardano4Climate projects and aligned stake pools by the end of April, 2022

Budget breakdown

  • Marketing Campaign (to SPOs and projects) = $40/hr * 10 hrs = $400
  • Setting up Website = $50/hr * 10 hrs = $500
  • Community Management = $50/hr * 40 hrs = $2000
  • SPO security review process = $50/hr * 40 hrs = $2000
  • Pool Network Coordination = $50/hr * 20 hrs = $1000
  • Communication Hub Management (Discord, Telegram) = $25/hr * 10 hrs = $250
  • Technology and infrastructure = $500
close

Playlist

  • EP2: epoch_length

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  • EP1: 'd' parameter

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  • EP3: key_deposit

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    3m 48s
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  • EP4: epoch_no

    Authored by: Darlington Kofa

    2m 16s
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  • EP5: max_block_size

    Authored by: Darlington Kofa

    3m 14s
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  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3m 19s
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  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4m 59s
    Darlington Kofa
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