Octant Accelerator SQF
TL;DR: Go to https://flowstate.network/octant to support your favorite public goods builders from the Octant Accelerator with 15+ ETH in real-time matching funds.
Motivation
The Octant Accelerator was launched to help web3 builders achieve project sustainability:
https://x.com/OctantApp/status/1831164316684312607
But, the 4-week crash course isn’t the end of Octant’s investment in these builders.
In partnership with Flow State & Superfluid, Octant is sponsoring a 15 ETH (and growing) Streaming Quadratic Funding (SQF) round exclusively for accelerator graduates.
Round Basics
- Start Date - October 24, 2024 (Accelerator Demo Day)
- End Date - January 1, 2025 (with the potential to be extended)
- Network - Base
- Matching - 15 ETHx starting pool
- Direct Donations - ETHx denominated
- Voter Eligibility - Soulbound NFT
- Donation UI Link - https://flowstate.network/octant
The 15 ETH+ matching pool will be continuously streamed to grantees over 69 days based on a dynamic implementation of the quadratic funding formula. Every new, updated, and closed direct donation stream will update the funding allocation weights in real-time.
Octant Matching Stream Schedule
Octant will stream its 15 ETH through the matching pool according to the following schedule. Individual and group matching funders can open their variable rate streams to the round (i.e. “Grow the Pie”) anytime from the round UI!
| Week | Start Date | Rate (ETHx/mo) | Weekly Allocation |
|---|---|---|---|
| 1 | October 24 | 2 | 0.5 |
| 2 | October 31 | 2 | 0.5 |
| 3 | November 7 | 8 | 2 |
| 4 | November 14 | 8 | 2 |
| 5 | November 21 | 8 | 2 |
| 6 | November 28 | 8 | 2 |
| 7 | December 5 | 8 | 2 |
| 8 | December 12 | 8 | 2 |
| 9 | December 19 | 4 | 1 |
| 10 | December 26 | 4 | 1 |
Voter Eligibility
The Octant Accelerator SQF round will use a non-transferrable NFT to determine donor-matching eligibility.
We airdropped this Voter NFT to Octant community members and registered attendees of the Accelerator Demo Day before the start of the round.
Others interested in participating can get their voter badge by earning a role in the Octant SQF Guild and claiming the NFT at checkout on the SQF Round UI. We’ll add and adjust Guild roles in throughout the round to responsibly maximize participation. If you’re not a bot and you can’t seem to find a path to earn your Voter NFT in Guild, join the Flow State Telegram and we can figure out a manual Sybil-check process for you.
Opening Donation Streams
Check out our full donor guide docs here or watch the transaction walkthroughs below to learn how to support your favorite grantees in Octant Accelerator SQF:
https://www.youtube.com/watch?v=xZ8ojwyWC8I
https://www.youtube.com/watch?v=-_i4Priiwbc
Funding Wallets on Base
Base is an Ethereum L2 network. To participate as a donor in the Octant Accelerator SQF, you’ll need ETH in your web3 wallet.
There’s a plethora of options these days, but here are a few links for your convenience (info purposes only, no affiliation):
- Bridge - Across or other Superchain Bridges can quickly move your ETH from Ethereum Mainnet or another L2 to Base.
- Centralized Exchange - Coinbase & most major exchanges have the ability to send directly to your address on Base.
- Decentralized Exchange - If you just need a little bit more ETH and have other funds, swap them with DeFi Llama or your favorite DEX.
- Fiat Onramp - Ramp or your wallet may have one built in. Fees apply.