Octant
Public goods funding, powered by staking
PlatformActive
About
Octant is a participatory public goods funding platform built by the Golem Foundation. 100,000 ETH is staked and the rewards fund public goods projects. Users lock GLM tokens to participate in allocation decisions. Octant runs 90-day epochs; Epoch 9 is currently active as of late 2024. Each epoch typically distributes $1-2M to selected projects.
Mechanisms Used
Allocation
Quadratic Funding
A democratic funding mechanism that matches community contributions quadratically, amplifying the impact of many small donors over few large ones.
Best for:
Community grants programsOpen source funding+2 more
4 implementations
Allocation
Direct Grants
Traditional grant-making where a committee or individual directly allocates funds to selected projects based on applications and evaluation.
Best for:
Technical infrastructureResearch grants+2 more
4 implementations
