Hello there, beautiful soul!
Hope this message finds you well.
During this week’s town hall, the Catalyst team provided an overview of the Fund10 budget parameters. Make sure to stay tuned and register your attendance for the upcoming town hall when Fund10 will be officially launched. You can expect special speakers as well numerous community presentations about Fund10 challenges. It will be a big celebration of what’s to come.
Not up to speed yet with the latest developments? Missed the latest blog about the re-launch? Check this Catalyst blog post published last week to catch up.
As customary, three project close out reports were aired during the town hall. Indigo Labs open sourced their Cardano Multi-Dex SDK library. Matias Falcone showed a demo of his ALDEA NFT - Community Marketplace. Lastly, dcSpark demonstrated the self hosted price feed for wallets. Catch the presentation here.
Want to see more? Check out the other funded projects you voted for via https://projectcatalyst.io/search.
What’s the latest? Let’s dive right in.
Town Hall #130
TH Recording
TH Slides- TH Playlist: link here
Break Out Rooms: https://bit.ly/33i38SB
Next: TH #131 on June 21 at 5PM UTC. Register now via this recurring link.
F10 Budget Breakdowns
This week’s town hall brought introduction of budget allocations across all challenges. Key takeaway is that there’s been a universal uplift to all Fund10 challenges as voted in during Fund9 to determine the final allocations. Additional parameter of minimum ada requirement has been instituted at 15,000 ada per project across entire Fund. There’s also a maximum threshold of 75,000 ada included in the Catalyst Open challenge.
Challenge briefs for regular challenges can already be seen available on the official website here for your review. Detailed briefs for outstanding new challenges will be presented upon Fund launch next week together with introductory presentations from Catalyst community Challenge Teams. Make sure to tune in.
Additionally, an initial breakdown of incentives was also presented and can be reviewed in the image below. This accounts for the newly re-shaped Community Review stage as well as post funding accountability framework via introduction of Statement of Milestones across entire Fund10.
To recap - below is the tentative timeline for the Fund10 cycle. As always, keep an eye on any updates along the way for possible changes/adjustments. Your understanding is appreciated.
Big Milestone for Funded Projects
The Catalyst program has crossed another important milestone with over 500 completed projects. To be exact, 541 projects funded by Catalyst have been completed to date by submitting their self-reported close-out reports and videos. Not seeing your favorite project completed yet? You can check their progress on other tabs and also the monthly reporting output documents. Save the links below:
- Project Catalyst Web: https://projectcatalyst.io/search
- Monthly Reporting: https://bit.ly/FundedProjectsReporting
- Monthly Report Output Data: https://bit.ly/Funded-Projects-Reports
Are spreadsheets a little too much? Leverage powerful community tools like Lido Nation which you can find here.
Weekly GitHub Repo Round Up
Here’s the update from technical side of Catalyst last week:
- The team initiated another dry run of the voting app. Several branching issues from the previous version of the voting app were identified and solved.
- Compatibility testing with external wallets regarding the latest changes required for Fund10 registration is ongoing.
- Outputs of the Earthly build were cleaned up to prepare work on event orchestration for the continuous testnet.
- Initial development on the first set of APIs for the new Catalyst Data Service was completed and has entered the testing phase.
- The tally recovery tool was refactored to reduce the time required to run from 24 hours down to 10 minutes.
- Last but not least, the team started work to merge snapshots from pre-production to mainnet to enable the ‘Check my voting power’ tool.
Watch out for more information on how you can participate, which we will share in the coming weeks!
For full access please review:
Caught my attention
Congratulations, Mauro. The long standing community member and pillar (most notably through Catalyst LATAM and European communities) just recently celebrated an amazing achievement in passing the legal bar exam and joyfully enjoyed the moment. You can catch the original tweet here.
Get in touch
And that’s a wrap. Let’s talk Catalyst & governance via twitter, or telegram, or reddit, or wherever is your home online and keep conversations engaging on these very important topics.
Enjoy your day ahead!
Danny & the Project Catalyst team
Daniel Ribar
Project Catalyst
References in this newsletter to the 3rd party projects, products, and services are provided for information purposes only and are not endorsements. Everyone should carry out their own investigations before relying on the information provided in this newsletter.
… will more be written to disambiguate these two categories? They have some terms & stated goals in common as currently described: