GraphFunding

The funding system from Vitalik's Snowmoon, built for real on @Ethereum. Open source

0x85540fd08bce977f522824b5ed4553bfff535cfc

[GraphFunding @GraphFunding]

Real before the token.

Verified contracts, open source (GPL-3.0, like the book), 125 tests and a fork test against the real Stockereum

https://t.co/SeGn0SbbUn

[GraphFunding @GraphFunding]

Every claim from the Stockereum escrow and every,

movement through the tree is designed to happen onchain

[GraphFunding @GraphFunding]

Five Keepers five votes one median

No chair gets the final word

[GraphFunding @GraphFunding]

"Nobody votes on the whole budget."

Each committee decides only the split right below its fork. Small, specialized decisions, made by people drawn at random. That's the Snowmoon idea.

[GraphFunding @GraphFunding]

A Keeper tends one fork.
Together, they shape the tree.

Graph Funding draws a committee for each branch, turning one enormous budget decision into many smaller ones.

That’s how Veridia steers its commons.

https://t.co/sz98dNm0xt

[GraphFunding @GraphFunding]

gm from Veridia.

The lantern is lit. Every trade keeps it burning.

https://t.co/NhcNmRnflT

[GraphFunding @GraphFunding]

The tools everyone on Ethereum uses are funded by almost nobody: clients, privacy tools, security responders, explorers, data.

1% of every $GRAPHFUND trade goes to them. Small roots, long shade.

[GraphFunding @GraphFunding]

Why random committees?

No elections, no campaigns, no lobbying. A future block hash draws five Keepers for every fork, and nobody knows who until it happens

[GraphFunding @GraphFunding]

"Nobody votes on the whole budget."

Each committee decides only the split right below its fork

Small, specialized decisions, made by people drawn at random. That's the Snowmoon idea

[GraphFunding @GraphFunding]

gm from Veridia.

The lantern is lit. Every trade keeps it burning.

https://t.co/NhcNmRmHwl

[GraphFunding @GraphFunding]

The tools everyone on Ethereum uses are funded by almost nobody: clients, privacy tools, security responders, explorers, data

1% of every $GRAPHFUND trade goes to them. Small roots, long shade

[GraphFunding @GraphFunding]

Why random committees?

No elections, no campaigns, no lobbying

A future block hash draws five Keepers for every fork, and nobody knows who until it happens

[GraphFunding @GraphFunding]

Can a whale buy a committee?

Seats follow stake, so a whale wins seats. But the median needs 3 of 5 votes, and no share can move more than 5 points per epoch

Every seat and vote is public.

[GraphFunding @GraphFunding]

Graph Funding isn't our idea. It's chapter 17 of Snowmoon, Vitalik's novel, free and open under GPL v3.

We just built it for real on Ethereum. Read the book:
https://t.co/F3UrfloFps

[GraphFunding @GraphFunding]

Where does the 1% creator fee go? Not to us

It's claimed straight from the Stockereum escrow into the Graph Funding contract

Every claim is a public transaction, and the tree splits it every 6 hours

[GraphFunding @GraphFunding]

Even the biggest Keeper can walk out

[GraphFunding @GraphFunding]

Keepers who vote on a fork share 2% of what flows through it that epoch.

And every epoch you vote, you get a soulbound badge. Proof you steered the money.

https://t.co/NhcNmRmHwl

[GraphFunding @GraphFunding]

Right now the owner can fix mistakes. That's temporary

After 28 clean epochs (7 days), ownership is renounced. After that, nobody can change the tree's rules. Not even us.

[GraphFunding @GraphFunding]

Every six hours, the clock of Veridia strikes:

Committees drawn at random. Votes cast on-chain. The money climbs down the tree

Four times a day, no one in charge

[GraphFunding @GraphFunding]

Graph Funding isn't a closed list.

Anyone can propose a new project under a branch with a 1,000,000 $GRAPHFUND deposit

It starts at 0% and only gets paid if a committee gives it weight

The deposit comes back the first time it's funded

[GraphFunding @GraphFunding]

Snowmoon, ch. 1: the first time Graph Funding shows up, it's on a civic poster.

"Learn about Veridian Graph Funding-subsidized education programs for all ages today."

In Veridia it's ordinary public infrastructure. On Ethereum, it starts now.