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04/01/2022

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Catalyst Weekly - Register to vote for Fund8

Another busy week inside and out in Catalyst. A bit more excitement than usual but that's not something we shy away from. Being able to come together, listen and exchange varied - often controversial topics - is part of a healthy ecosystem. As long as you and I can remain respectful and not disagreeable in how we communicate - and maintain healthy discourse without jumping to early conclusions too fast - such stressors can make a positive and lasting change in our communities. Anti-fragility in action.

Catalyst Weekly - Register to vote for Fund8

Hope this message finds you well. 

Another busy week inside and out in Catalyst. A bit more excitement than usual but that's not something we shy away from. Being able to come together, listen and exchange varied - often controversial topics - is part of a healthy ecosystem. As long as you and I can remain respectful and not disagreeable in how we communicate - and maintain healthy discourse without jumping to early conclusions too fast - such stressors can make a positive and lasting change in our communities. Anti-fragility in action.

Nonetheless, here is a brief reminder - this is the last week to register for Fund8 vote in case you've never cast votes in the past. More on that below but the deadline/snapshot time is on April 7 at 11AM UTC.

Looking forward having you on board!

D.

Town Hall
 


Missed it? No worries.

📚 Slidedeck: https://bit.ly/3uyvX6U
🎥 Timestamped recording: https://youtu.be/rbHSAQXdw4A
⭐️ After town hall break out rooms: https://bit.ly/33i38SB 

  • Want to open your break out room next time? Book it with Catalyst Swarm via this form at least 24hrs in advance and get those conversations rolling!

💡 Next: Apr 6 @ 17:00 UTC. Register now via this recurring link

Community run town hall events around the world:

🌍 Africa: https://t.me/+4YRXZk41Hu9kMmQ0 (bi-weekly)
🌏 Eastern Hemisphere: https://discord.gg/9wj4ZPTdjf (bi-weekly)
🌎 LATAM: https://discord.gg/rPhy4Dtt89 (weekly)
🌏 Pacific: https://bit.ly/34mXMG2 (weekly)
🌏 South Asia: https://t.me/+HphLyJfyS7EyYWRl (weekly)

Have another one you are running locally? Message me and I'll include it here!

Register to vote for Fund8

Don't forget to register if you are planning to participate in Catalyst for the first time, have a new wallet, or lost your previous QR/PIN code. If you've voted successfully in the past rounds - you don't have to re-register and can re-use your existing QR/PIN code combination.

  • Apr 7, 2022 @ 11:00 UTC - SNAPSHOT for all wallets for their balance
  • Apr 14, 2022 @ 11:00 UTC - VOTING START
  • Apr 28, 2022 @ 11:00 UTC - VOTING END
  • ± May 5, 2022 - TALLYING & RESULTS

Voter Rewards

13% of the total fund - $2,080,000 in ada to be distributed to all participating voting power (relative to individual ada holdings)

  • Amount of distribution is per ada not per wallet - and won't be known until all registration of voting power is complete
  • Fund8 Reward distribution is expected in mid/late May back to your registered wallet in the same format as your staking rewards (not as a separate transaction)
  • Your wallet must be staked in order to receive voter rewards by the time of rewards distribution the latest
  • You must cast at least one vote to be eligible for these rewards

Catch all the details on how and where to register in this Catalyst FAQ portal for you. If you wish to find out how to check these voter rewards generally - follow this link instead.

Fund8 Idea Fest - PART 2 - this weekend!

The Idea Fest is an open Community event where Proposers can meet their potential Voters and vice cersa. This is your spot, to promote your finalized Fund 8 Proposals to the Community, to find collaborators and to present your Ideas and Projects to the Voters.
 


More about Swarm - webtwitter.


Why IdeaFest?

  • To present your finalized Fund8 Proposals
  • To connect Proposers and Voters
  • To meet the Teams behind impactful projects
  • To find collaborators for your projects
  • To have fun and celebrate the future builders of Cardano
When? April 2 - Saturday at 15:00 UTC

Where to find more information?

Presenters' sign up: https://forms.gle/qnKEDFAvcpXwmXY27
Zoom event registration: follow this link
TH presentation: https://youtu.be/jmXfbeFlrfU?t=3555
Intro slides: follow this link
Catalyst Swarm Discord: https://discord.gg/9pbRF2PfcU

Veteran Community Advisors

Catalyst is now fully underway in the Assess QA (Quality Assurance) stage where community takes a deep dive into the quality of assessments made by Community Advisors (CA) on proposals in Fund8. This is an important part of the process. Why?

  • To add a layer of quality assessment to the review process 
  • To filter out biased or substandard assessments
  • To highlight and reward high quality assessments
  • To learn and iterate

If you wish to learn a bit more about what/how Veteran Community Advisors (vCA) work - I encourage you to check out these guides for each of the groups:

There are some key changes in how one can quality and carry out the work as a vCA. These new iterations can be read about in here. This is the next level in maturing and methodically professionalizing the work carried out by these individuals. 
 
Meanwhile - for everyone else - these are the most important dates to keep in mind over the course of next weeks from Assess QA stage perspective. 

Catalyst Process Improvement Group

About 25 people met at an After Townhall session on Weds 30th, co-facilitated by Mercy (Funded Proposers rep on Catalyst Circle) and Nadia (CAs rep), to start looking into the entire Catalyst process this round. How has it been, end-to-end, for both proposers and CAs; and what can we learn?
 


We started by asking what everyone’s noticed this round – what was good, and what might need to change? – and from there, it developed into a really wide-ranging discussion.

You can see the recording of the session here. Some key points were:

  • 🌟 Should there be more education, support and guidance notes for potential proposers?
  • 🌟 Should CAs be giving feedback earlier in the process - and what was with all the placeholders this fund?!
  • 🌟 Is it OK to apply for 6 months of funding rather than 3?
  • 🌟 How many proposals is too many?

We’re collating ideas in a shared Google doc here  - open for anyone with ideas, so please come and add to it!

And there will be an ongoing conversation on Discord here. Please come and join in if you’ve got things to say.

We’d particularly like to hear what Challenge Teams and VCAs are thinking, as there hasn’t been much said yet about that side of the process.

Catalyst Audit Circle

The Catalyst Audit Circle holds biweekly meetings and is generally tasked with:

  • Listening to problems around auditability including use of the reporting system, confusion in the process and identifying bad actors.
  • Prioritizing proposal audit issues with the help of the community. Looking at the complexity, implementation effort and relevant concerns to guide what to solve first.
  • Coordinating and collaborating with the community to investigate and develop potential solutions to auditing issues. Any solutions developed can go through the Catalyst funding process.

In its second meeting, on Thursday 31st March:

  • Matthias Sieber reported on problem sensing qualitative audit issues.
Matthias related an idea by Nori Nishigaya to create a “Tik Tok” for audit and proposal reporting. This idea fed into a subsequent Challenge Team roundtable where it was picked up as possible opt-in for funded proposers to market their projects. You can catch up on this roundtable meeting via this link or this miro board.
 

 

Catalyst Communities & beyond

Every week - join the conversations, sessions, workshops with your fellow community members. Follow the calendar for the latest events here
 

Get in touch

Do you have amazing projects that you are part of and wish to share your story? Write me and let's tell this story to the world.

Or let's talk Catalyst & Voltaire via twitter, or telegram, or reddit. Will do my best to get back to you soon.

Enjoy your weekend ahead!

Danny & the Project Catalyst team

Daniel Ribar
Community at Project Catalyst & Governance
Input Output

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