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aqueduct's Introduction

๐Ÿงœโ€โ™€๏ธ Aqueduct

Grow your ecosystem in a truly decentralized way.

As your project gains revenue, earns protocol fees, or inflates token supply, siphon off a portion into an aqueduct contract. When a threshold is met, an Allo grants round can be triggered by anyone, kicking off a distribution of funds back to the ecosystem.

Usage

Deploy the Aqueduct.sol contract using the provided deploy scripts and transfer ownership to your community's democratic, onchain governance system.

You'll then want to set up a way for your aqueduct to be filled by protocol fees, token inflation, or some other means. You can use a splits contract for this. Or you can build it into your protocol that the aqueduct is filled.

When your aqueduct meets it's token threshold, anyone in the community can invoke release to kick-off and fund a grants round.

Considerations

Ownership: What address will own your aqueduct. This address will have important permissions that configure the aqueduct and the allocation rounds it creates. It would be best to have the contract owned by a democratic, on-chain governance system.

Round Size and Cadence: The aqueduct will transfer the entire balance of a given token into a round on release. As your ecosystem grows, this could mean that rounds happen more frequently, because the aqueduct refills faster.

Disclaimer

These smart contracts are being provided as is. No guarantee, representation or warranty is being made, express or implied, as to the safety or correctness of the user interface or the smart contracts. They have not been audited and as such there can be no assurance they will work as intended, and users may experience delays, failures, errors, omissions, loss of transmitted information or loss of funds. The creators are not liable for any of the foregoing. Users should proceed with caution and use at their own risk.

License

See LICENSE for more details.

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