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  • 📖CURRENT FUND
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      • Wallet Connection - In the Catalyst Voting App
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        • What do you need to do next?
        • How to create a Statement of Milestones - guide for Funded Proposers
        • Statement of Milestones submission
        • How Milestone payments work
        • Creating your milestones - need to know
        • How to use the Milestone module as a Funded Proposer?
        • Formal Due Diligence Process
        • Test Transaction (Tx)
        • What else further down the line?
        • Funded Project Checklist
        • Requesting a change to funded project
      • Milestone Reviewers guides
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          • Milestone Reviewer - Interview 1
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        • Key dates
        • Milestone Reviewers onboarding meetings
          • Onboarding session A
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        • A Milestone Reviewer’s role
        • What is the Statement of Milestones (SoM)?
        • How to use the Milestone module as a Milestone Reviewer?
        • How to review SoM as a Milestone Reviewer?
        • What is Proof of Achievement (PoA)
        • What is good evidence?
        • What is not good evidence?
        • Milestone Reviewer rewards
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      • Catalyst Network
      • How to create a Statement of Milestones - guide for Funded Proposers
      • Project Close-out Report and Project Close-out Video (PCR and PCV)
      • Requesting a change to funded project on Milestone Module
      • Policy on Suspension and Termination of Catalyst Grants
        • Suspension and Termination policy memo
        • Suspension or termination at the request of a Grantee
        • Suspension by the Fund Operator
        • Termination by the Fund Operator
      • Catalyst Ecosystem Rewards
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  • ⚙️CATALYST TOOLS
    • Moderation Module
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      • How to moderate the review
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      • Setting up a Project Catalyst Milestone account
      • Dashboard, Project Dashboard, and Notification sections
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        • Funded Proposer using the Milestone module
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  • 📂PREVIOUS FUNDS
    • Fund13 Docs
      • Fund timeline
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      • Project Catalyst Terms and Conditions
        • Catalyst FC Privacy Policy
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        • DMCA FAQ Catalyst
      • Proposal submission
        • Scoring guidance for the Proposer
        • Proposal submission Guide
        • Additional Guidance
        • Cardano Partners
          • Cardano Partners short list
      • Community Review
        • How to become a Community Reviewer?
        • Community Reviewer Levels
        • Community Review - Submission process (LV0 and LV1)
        • Community Review Process
        • Scoring rubric and guiding questions
        • Community Moderation Process
        • Conflict of Interest
        • Reviewer Rewards
        • Score Weight
        • FAQ
      • Voter registration
        • Supported wallets
        • Registration Guide - In your wallet
      • Voting
        • Wallet Connection - In the Catalyst Voting App
        • How to vote?
        • How to audit the vote?
          • Audit the Snapshot
            • Required Tools
            • Reproducing the Snapshot
          • Voting Ledger Snapshots
          • Audit The Tally
        • Voting FAQ
      • Project onboarding
        • Glossary of Terms
        • Milestone-based proposals
        • Funded Proposers guides
          • Key dates
          • Onboarding Sessions - Presentation & Recordings
            • Onboarding session A
            • Onboarding session B
          • What do you need to do next?
          • How to create a Statement of Milestones - guide for Funded Proposers
          • Statement of Milestones submission
          • How Milestone payments work
          • Creating your milestones - need to know
          • How to use the Milestone module as a Funded Proposer?
          • Formal Due Diligence Process
          • Test Transaction (Tx)
          • What else further down the line?
          • Funded Project Checklist
          • Requesting a change to funded project
        • Milestone Reviewers guides
          • Milestone Reviewer - Terms & Conditions
          • Milestone Reviewer Process Examples
            • Milestone Reviewer - Interview 1
            • Milestone Reviewer - Interview 2
            • Milestone Reviewer - Interview 3
            • Milestone Reviewer - Interview 4
            • Milestone Reviewer - Interview 5
          • Key dates
          • Milestone Reviewers onboarding meetings
            • Onboarding session A
            • Onboarding session B
          • A Milestone Reviewer’s role
          • What is the Statement of Milestones (SoM)?
          • How to use the Milestone module as a Milestone Reviewer?
          • How to review SoM as a Milestone Reviewer?
          • What is Proof of Achievement (PoA)
          • What is good evidence?
          • What is not good evidence?
          • Milestone Reviewer rewards
          • FAQ
      • General information
        • Catalyst Network
        • How to create a Statement of Milestones - guide for Funded Proposers
        • Project Close-out Report and Project Close-out Video (PCR and PCV)
        • Requesting a change to funded project on Milestone Module
        • Policy on Suspension and Termination of Catalyst Grants
          • Suspension and Termination policy memo
          • Suspension or termination at the request of a Grantee
          • Suspension by the Fund Operator
          • Termination by the Fund Operator
        • Catalyst Ecosystem Rewards
      • External documentation
    • Fund12 Docs
      • Fund timeline
      • Fund parameters
      • Fund Rules
      • Proposal submission
        • Scoring guidance for the Proposer
        • Proposal submission Guide
        • Additional Guidance
        • Cardano Partners and Real World Integrations category
          • Cardano Partners short list
      • Community Review
        • How to become a Community Reviewer?
        • Community Reviewer Levels
        • Community Review - Submission process (LV0 and LV1)
        • Community Review Process
        • Scoring rubric and guiding questions
        • Community Moderation Process
        • Conflict of Interest
        • Reviewer Rewards
        • Score Weight
        • FAQ
      • Voter registration
        • Supported wallets
        • Registration Guide - In your wallet
      • Voting
        • Wallet Connection - In the Catalyst Voting App
        • How to vote?
        • How to audit the vote?
          • Audit the Snapshot
            • Required Tools
            • Reproducing the Snapshot
          • Voting Ledger Snapshots
          • Audit The Tally
        • Voting FAQ
      • Project onboarding
        • Glossary of Terms
        • Milestone-based proposals
        • Funded Proposers guides
          • Key dates
          • Onboarding Sessions - Presentation & Recordings
            • Onboarding session A
            • Onboarding session B
          • What do you need to do next?
          • How to create a Statement of Milestones - guide for Funded Proposers
          • Statement of Milestones submission
          • How Milestone payments work
          • Creating your milestones - need to know
          • How to use the Milestone module as a Funded Proposer?
          • Formal Due Diligence Process
          • Test Transaction (Tx)
          • What else further down the line?
          • Funded Project Checklist
          • Requesting a change to funded project
        • Milestone Reviewers guides
          • Milestone Reviewer - Terms & Conditions
          • Milestone Reviewer Process Examples
            • Milestone Reviewer - Interview 1
            • Milestone Reviewer - Interview 2
            • Milestone Reviewer - Interview 3
            • Milestone Reviewer - Interview 4
            • Milestone Reviewer - Interview 5
          • Key dates
          • Milestone Reviewers onboarding meetings
            • Onboarding session A
            • Onboarding session B
          • A Milestone Reviewer’s role
          • What is the Statement of Milestones (SoM)?
          • How to use the Milestone module as a Milestone Reviewer?
          • How to review SoM as a Milestone Reviewer?
          • What is Proof of Achievement (PoA)
          • What is good evidence?
          • What is not good evidence?
      • General information
        • Catalyst Network
        • How to create a Statement of Milestones - guide for Funded Proposers
        • Project Close-out Report and Project Close-out Video (PCR and PCV)
        • Requesting a change to funded project from F10 onwards
        • Suspension and Termination of Catalyst Grants
          • Suspension and Termination policy memo
          • Suspension or termination at the request of a Grantee
          • Suspension by the Fund Operator
          • Termination by the Fund Operator
        • Catalyst Ecosystem Rewards
      • External documentation
    • Fund11 Docs
      • Fund11 timeline
      • Fund11 parameters
      • Fund Rules
      • How to submit a proposal?
        • Scoring guidance for the Proposer
        • Proposal submission Guide
        • Additional Guidance
          • Open Source Guidance
          • Submitting Milestones for your F11 proposal
      • Community Review Guidelines Fund 11
        • Community Reviewer Levels
        • Community Review - Submission process (LV0 and LV1)
        • Community Review Process
          • How to find allocations in the Ideascale?
        • Scoring rubric and guiding questions
        • Community Moderation Process
        • Rules to be followed by Community Moderators (LV2)
        • Conflict of Interest
        • How do I progress through the Community Reviewer levels?
        • Reviewer Rewards
        • Score Weight
      • Moderation Module Guide
        • How to set up an account
        • Moderation module sections
          • Home
          • Proposals
          • Community Reviews section
          • Allocated Reviews section
          • Moderated Reviews
        • How to moderate the review
        • Catalyst flags
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      • How to register as a voter?
        • Voting registration minimal requirements
        • Wallet Registration Guide
          • Supported wallets
          • Registration Guide - In your wallet
          • Wallet Connection - In the Catalyst Voting App
      • Voting
        • How to vote?
        • How to audit the vote?
          • Audit the Snapshot
            • Required Tools
            • Reproducing the Snapshot
          • Voting Ledger Snapshots
          • Audit The Tally
        • Voting FAQ
        • Voting App
          • Known Issues
      • Catalyst Network
      • Project Onboarding
        • Funding Glossary of Terms
        • How to submit Project milestones
          • What should be included in the Statement of Milestones?
          • Approval of the Statement of Milestones
          • Approval and payment of Milestones
        • Funded Proposers (FP)
          • Key dates
          • F11 Onboarding Sessions - Presentation & Recordings
            • F11 Onboarding Session A
            • F11 Onboarding Session B
          • What do you need to do next?
          • Statement of Milestones
            • Submitting your Statement of Milestones
            • How Milestone payments work
            • Creating your milestones - need to know
          • How Proof of Life is confirmed
          • Test Transaction (Tx)
          • What else further down the line?
          • Funded Project Checklist
          • Requesting a change to funded project
        • F11 Milestone Reviewers Guide
          • Milestone Reviewer Process Examples
            • Milestone Reviewer - Interview 1
            • Milestone Reviewer - Interview 2
            • Milestone Reviewer - Interview 3
            • Milestone Reviewer - Interview 4
            • Milestone Reviewer - Interview 5
          • Key dates during the onboarding stage
          • Milestone Reviewers onboarding meetings
          • A Milestone Reviewer’s role
            • Milestone Reviewer expectations
          • What is the Statement of Milestones (SoM)?
          • How to use the Milestone module as a Milestone Reviewer?
          • How to review SoM as a Milestone Reviewer?
          • A good example of SoM formulation from F9 pilot project
          • What is Proof of Achievement (PoA)
          • Good example of PoA completion from F9 pilot project
          • What is good evidence?
          • What is not good evidence?
          • Rewards for SoM and PoA review
        • Proof of Life (PoL) Verifiers
          • Key Dates
          • What do you need to do?
          • Confirming Proof of Life
          • PoL Verifiers Checklist
        • Community roles rewards
      • Suspension and Termination of Catalyst Grants
        • Suspension and Termination policy memo
        • Suspension or termination at the request of a Grantee
        • Suspension by the Fund Operator
        • Termination by the Fund Operator
    • Fund10 Docs
      • Fund10 timeline
      • Fund10 parameters
      • How to submit a proposal?
        • Scoring guidance for the Proposer
        • Proposal submission Guide
      • How to participate in community reviews?
        • How to become a Community Reviewer?
          • Community Reviewers Levels
            • How do I progress through the Community Reviewer levels?
        • Community Review - Submission process (LV0 and LV1)
          • Community Review - Scoring Rubric and Guiding Questions
        • Community Review - Moderation Process (LV2)
          • Rules for Community Moderators (LV2)
          • Moderation module guide
            • How to set up an account
            • Moderation module sections
            • How to moderate the review
              • Catalyst flags
              • Reviews without flag
        • Conflict of Interest in Community Review
        • Community Review Rewards
        • Community Review - Score weight
      • Voting
        • How to vote?
        • How to audit the vote?
          • Audit the Snapshot
            • Required Tools
            • Reproducing the Snapshot
          • Voting Ledger Snapshots
          • Audit The Tally
        • Voting FAQ
        • Voting App
          • Known Issues
          • Privacy Policy
        • How to register as a voter?
          • Voting registration minimal requirements
          • Wallet Registration Guide
            • Supported wallets
            • Registration Guide - In your wallet
            • Wallet Connection - In the Catalyst Voting App
            • Check Voting Power & Rewards Eligibility
      • Project Onboarding
        • Challenge Teams (CT)
          • Key Dates
          • What do you need to do?
          • Confirming Proof of Life
          • CT Checklist
        • Funded Proposers (FP)
          • Key dates
          • F10 Onboarding Sessions - Presentation & Recordings
            • F10 Onboarding Session A
            • F10 Onboarding Session B
          • What do you need to do next?
          • Statement of Milestones
            • Submitting your Statement of Milestones
            • How Milestone payments work
            • Creating your milestones - need to know
            • How to use the Milestone module in F10
              • Glossary of terms
              • What is the Statement of Milestones?
              • When to submit a Statement of Milestones
              • Approval of milestones in the Statement of Milestones
                • Process of checking milestones
              • Amendments to the milestones
              • Funding Rules
              • What is Proof of Achievement (PoA)?
              • Why Statements of Milestones and Proof of Achievement?
              • How to submit PoA
              • Where to find each project’s SoMs and PoAs
              • Approval of the Proof of Achievement
                • Process of checking PoA
                • Using the Milestone Module
                  • What is the Milestone Module for?
                  • Setting up a Project Catalyst Milestone account
                  • Dashboard, Project Dashboard, and Notification sections
                  • Roles and responsibilities
                    • Funded Project (FP) using the Milestone module
                      • Actions that FP can carry out in the Milestone module
                        • Submit new milestone
                        • Review Milestone Reviewers feedback
                        • Resubmit milestones
                        • Submit Proof of Achievement
                        • Resubmit PoA to supersede existing PoA
                    • Milestone Reviewer using the Milestone module
                      • SoM process
                      • PoA process
                      • Actions that Milestone Reviewers can carry out in the module
                        • Milestone Reviewer can review milestones
                        • Milestone Reviewer can review a PoA
                        • Milestone Reviewer can resubmit review for milestones
                        • Milestone Reviewer can resubmit review for PoA
                    • Catalyst Team Reviewer
                      • Actions that a Catalyst Team Reviewer can carry out in the module
                        • Catalyst Team Reviewer can assign reviewer
                        • Catalyst Team Reviewer can review milestones and PoA
                    • Catalyst Team sign-off user
              • Appendix
          • How Proof of Life is confirmed
          • Test Transaction (Tx)
          • What else further down the line?
          • Funded Project Checklist
        • F10 Milestone Reviewers Guide
          • Milestone Reviewer Process Examples
            • Milestone Reviewer - Interview 1
            • Milestone Reviewer - Interview 2
            • Milestone Reviewer - Interview 3
            • Milestone Reviewer - Interview 4
            • Milestone Reviewer - Interview 5
          • Key dates during the onboarding stage
          • A Milestone Reviewer’s role
          • What is the Statement of Milestones (SoM)?
          • How to use the Milestone module as a Milestone Reviewer?
          • How to review SoM as a Milestone Reviewer?
          • A good example of SoM formulation from F9 pilot project
          • What is Proof of Achievement (PoA)
          • Good example of PoA completion from F9 pilot project
          • What is good evidence?
          • What is not good evidence?
          • Rewards for SoM and PoA review
        • Community roles rewards
      • Catalyst Network
      • How to submit Project milestones
        • What Milestones should be included in the Statement of Milestones?
        • Approval of the Statement of Milestones
        • Approval and payment of Milestones
      • Funded Project Reporting Guideline
        • Submitting Monthly Reports
        • Monthly Reporting status changes
        • Catalyst Team Monthly Reports approval process
        • What is good evidence?
        • What is not good evidence?
        • Requesting a change to funded project from F10 onwards
        • Project Closeout Report and Project Closeout Video (PCR and PCV)
          • Catalyst - Project Closeout Process for projects up to Fund9
        • Funded Projects accountability overview
      • Funding Glossary of Terms
    • Fund9 Docs
      • The Statement of Milestones Module - (Fund9 Only)
        • Glossary of terms
        • Statement of Milestone Process
          • Basic Funding Rules
        • Submitting Proof of Achievement (PoA)
          • Process of checking PoA
        • What is Good Evidence
        • What is not good evidence?
        • Using the Milestone Module
          • What is the Milestone Module for?
          • Setting up an Project Catalyst Milestone account
          • Dashboard, Project Dashboard, and Notification sections
          • Roles and Responsibilities
            • Funded Project (FP) using the Milestone module
              • Actions that FP can carry out in the Milestone module
                • Submit a new SoM
                • Review Catalyst Team Reviewer/Milestone Reviewers feedback
                • Resubmit milestones
                • Submit Proof of Achievement
                • Resubmit PoA to supersede existing PoA
            • Milestone Reviewers using the Milestone module
              • SoM process
              • PoA process
            • Actions that a Milestone Reviewers can carry out in the module
              • Milestone Reviewers can review SoM
              • Milestone Reviewers can review a PoA
              • Milestone Reviewers can resubmit review for SoM
              • Milestone Reviewers can resubmit review for PoA
            • Catalyst Team Reviewer
              • Actions that a Catalyst Team Reviewer can carry out in the module
                • Catalyst Team Reviewer can assign reviewer
                • Catalyst Team Reviewer can review SoM/PoA
            • Catalyst Team sign off user
            • Catalyst Team system admin
        • Appendix
        • Note on Confidentiality
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  1. PREVIOUS FUNDS
  2. Fund12 Docs

Fund parameters

Fund12 Operating parameters are the actual operating parameters that make up the Catalyst voting protocol put in place to enable the community to decide which proposal will receive funding under the Project Catalyst program. Please note that given the dynamic nature of Project Catalyst, the following dates and parameters may change as the actual Fund progresses. If this is the case, community announcements will be distributed for clarifications.

#

PARAMETER

VALUE

DESCRIPTION

General Parameters

A1

Direct Voting privacy state

Yes

Are votes private?

A2

Fund name

Fund12

A3

Funds under control

50,000,000 ada

A4

Challenges title and budget

Cardano Use Cases: Concept - ₳7,500,000


Cardano Use Cases: MVP - ₳7,500,000


Cardano Use Cases: Product - ₳7,500,000


Cardano Open: Developers (technical) - ₳10,500,000


Cardano Open: Ecosystem (non-technical) - ₳5,500,000


Cardano Partners and Real World Integrations - ₳8,000,000

A5

Minimum budget request per proposal

Cardano Uses Cases: ₳15,000

Cardano Open: ₳15,000

Cardano Partners and Real World Integrations: ₳500,000

Minimum amount for each proposal.

A6

Maximum budget request per proposal

Cardano Uses Cases:

  • Concept: ₳100,000

  • MVP: ₳300,000

  • Product: ₳500,000

Cardano Open:

  • Developers (technical): ₳200,000

  • Ecosystem (non-technical): ₳100,000

  • Cardano Partners and Real World Integrations: ₳2,000,000

Maximum amount for each proposal.

A7

Proposals submission fee

Free

Proposers can submit up to 6 proposals for discussion on Ideascale. Catalyst Team will remove ‘placeholder’ proposals at the point where the submission deadline elapses. Placeholder proposals include proposals where any of the form fields are left unanswered or obviously incomplete by the deadline.

A8

Compensations and funds distribution target date

Aug 12, 2024

Target date, subject to change

When community compensations and F12 funding for initial milestone 1 tranche is paid following verification of test transaction.

A9

Maximum proposals per Proposer or co-proposer that can be put on the ballot

6

If more than 6 applications are submitted by the same entity either as lead or co proposer, only the first 6 submissions received will be accepted for the voting process.

A10

Community Reviewer registration

Through Ideascale

Anyone can register as a Community Reviewer.

Community Reviewers will be delineated between LV0, LV1, LV2 reviewers based on their contributions during the Community Review stage.

A11

Proposals registration on the blockchain

Jun 24, 2024

Target date, subject to change

When proposals are loaded into the vote plan and registered into Block0.

A12

Voting power threshold

Minimum 450,000,000 lovelace (450 ada)

Recommended 500,000,000 lovelace

(500 ada)

450 ada is the minimum stake threshold to become a voter, based on the efficiency benchmarks of the voting protocol.

Specific value of the voting stake threshold will be defined by the protocol benchmarks.

Please note that due to the variety of 3rd party wallet providers integrating with Catalyst and associated voter registration fees, the recommended threshold to communicate is 500 ada required to participate in Catalyst voting as a buffer to account for unclaimed staking rewards.

A13

Registration snapshot date

Jun 18, 2024 09:45 PM UTC (epoch boundary 491 into 492)

Target date, subject to change

Snapshot takes place around the epoch boundary.

Advised to hold the balance for one epoch beyond the snapshot time and date.

A14

Voting period start time

Jun 27, 2024, 12:00 PM UTC

Target date, subject to change

UTC date and time when voters can start voting on proposals

A15

Voting period end time

Jul 11, 2024, 11:00AM UTC

Target date, subject to change

A16

Start of tallying

Jul 11, 2024

Target date, subject to change

A17

End of tallying

Jul 14, 2024

Target date, subject to change

UTC date when the decrypted tally is made publicly available.

A18

Tallying optimization

1 ADA = 1 voting token (i.e. the stake amount in lovelace is divided by 1,000,000)

How voting power is being proportionally reduced in order to optimize tallying performance

Compensation Parameters

B1

Proposal Funding logic (winner selection rule)

`Proposals are ranked by Yes votes and funded in order. If the amount requested by a proposal is larger than the remaining challenge amount, it is skipped.

B2

Proposal acceptance threshold

1% of total voting power

At least 1% of the total registered stake must vote YES on a proposal.

E.g., there is 1 billion ADA as a total registered stake.

To be accepted (become an ‘approved proposal’ as well as be eligible for funding), a proposal must be voted by at least 0.01 * (1 * 10^9) = 10 millions of ADA.

B3

Voting options

Yes/Abstain

There is only Yes and Abstain across all categories

B4

Voter compensations formula

Voter compensations will be given for active participants only in proportion to the voting power voters have.

B5

2.50% ₳1,250,000

Voter Compensations

Compensation is for active participation in the Voting (cast at least 1 vote)

In order to benefit from voter rewards, voters must select either ‘Yes’ or ‘Abstain’ in the voter interface. By choosing to not select the ‘Abstain’ option, this will not cast an ‘Abstain’ vote and therefore not generate a unit of voter compensation.

B6

2.50% ₳1,250,000

Community Review Compensations

LV0 (20% of share - ₳250,000):

  • Share of compensations based on number of LV0 community compensations received

LV1 (80% of share - ₳1,000,000):

  • A simple price paid per review

B7

0.40% ₳200,000

Community Moderator Compensations

Share of compensations based on number of flags raised by scripts for LV2 moderator review

B8

1.60% ₳800,000

Project Accountability Management Compensations

Compensating Community Reviewer help to verify :

  1. Statement of Milestones (SoM)

  2. Milestone Proof of Achievement (PoA)

Funded projects will submit to Catalyst a Statement of Milestones

PoA and SoM are verified by at least 2 community reviewers and compensated ada for their work.

Back-End Parameters

C1

Direct Voting privacy state

Yes

Are votes private?

C2

Funds under control

50,000,000 ada

Fund will control 50M ada

C3

Voting power threshold

450,000,000 lovelace. (450 ada) Communicate threshold as 500 to account for tx fees

450 ada is the minimum stake threshold to become a voter, based on the efficiency benchmarks of the voting protocol.

Specific value of the voting stake threshold will be defined by the protocol benchmarks.

Please note that due to the variety of 3rd party wallet providers integrating with Catalyst and associated voter registration fees, the recommended threshold to communicate is 500 ada required to participate in Catalyst voting as a buffer to account for unclaimed staking rewards.

C4

current_fund_name

Fund12

C5

current_insight_sharing_start

Apr 29, 2024

Target date, subject to change

C6

current_proposal_submission_start

Apr 29, 2024

Target date, subject to change

C7

current_refine_proposals_start

Apr 29, 2024

Target date, subject to change

C8

current_finalize_proposals_start

May 14, 2024

Target date, subject to change

C9

current_proposal_assessment

May 23, 2024

Target date, subject to change

C10

current_assessment_qa_start

Jun 13, 2024

Target date, subject to change

C11

current_snapshot_start

Jun 18, 2024

Target date, subject to change

C12

current_voting_start

Jun 27, 2024

Target date, subject to change

C13

current_voting_end

Jul 11, 2024

Target date, subject to change

C14

current_tallying_end

Jul 14, 2024

Target date, subject to change

PreviousFund timelineNextFund Rules

Last updated 8 months ago

Proposals are ranked by the Yes votes and funded one by one until the category budget is exhausted. Any leftover funds logic will follow guidelines outlined in the document.

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Fund Rules