Graph Funding Genesis tree · not deployed yet

Snowmoon · Chapter 17

Nobody votes on
the whole budget.

Graph Funding, the system Veridia runs on, now on Ethereum. The money climbs down a tree of public goods. At every fork, a committee drawn at random decides where it goes next.

Become a Keeper Read the contracts
CA not launched yet Launches on Stockereum · genesis tree below

From the book

Veridian students of all ages reading together
Ch. 1 The schools Learn about Veridian Graph Funding-subsidized education programs for all ages today.
Arctic Empire propaganda: a lion before icy towers
Ch. 3 The empire …the Steering system, the Graph Funding mechanism… The Arctic Empire called it soft.
A gloved hand holding a device that shows a funding graph
Ch. 17 The device For each node on the graph, the cryptographic network randomly selects a committee.
A senator speaking at a podium
Ch. 32 The senate Graph Funding has been fine. It survived the war.
Read Snowmoon
Pool0 ETH Owed to projects0 ETH Epochnot started Keepers0 Next splitnot started
Genesis tree14 addresses verified at sourcePool opens at deploy genesis.json

The graph,
at genesis

Four branches, fourteen projects, every address checked at its official source. The orange line is where the most money goes right now.

Point at a fork to see its committee and their votes. Point at a project to see what it is owed.

Genesis weights, set by the deployer. Committees take over from the first epoch.

The 14 recipients, and where each address comes from

Recipients, not partners. Each address was read from the project's own donation page and checked on-chain. None of these projects has endorsed Graph Funding.

ProjectBranchAddressSource

How a decision is made

  1. 1

    Enlist

    Lock $GRAPHFUND. Your chance of being drawn is your share of everything locked.

  2. 2

    Drawn

    The hash of a future block picks five Keepers for every fork. Nobody knows who in advance.

  3. 3

    Vote

    Each one proposes the split below their fork. The median wins, so one bad vote moves nothing.

  4. 4

    Flow

    Every six hours the money climbs down the tree. Keepers who voted on a fork share 2% of what flows through it.

Become a Keeper

Keepers are drawn by lot to steer the money. Lock at least 100,000 $GRAPHFUND, wait for your fork, and vote.

Keepernot connected
A Veridian Keeper in a privacy robe
Lockednone yet
Chance per drawnone yet
Walletnone yet
CorePrivacySecurityTools

You were drawn for

Core protocol

Propose a project

Your project enters at 0%. It only gets money if a committee gives it weight. The deposit (1,000,000 $GRAPHFUND) comes back the first time it does.

Built in public

Everything the money touches is public: where it comes from, who can change what, and what could go wrong.

Read the code

The rules, on the wall

1 · Where the money comes from

  1. The market. Every $GRAPHFUND trade on Stockereum pays 2%.
  2. The creator wallet. 1% waits in its escrow.
  3. The tree. It is claimed straight into Graph Funding with claim(WETH, GraphFund).
Waiting in the escrownot launched yet

2 · The owner

Can

  • Edit the tree and the starting weights
  • Change epoch length, committee size, voter pay
  • Reject spam proposals

Cannot

  • Touch anyone's stake
  • Touch money owed to a project
  • Choose who gets drawn

The owner renounces after 28 epochs (7 days) with committees drawn and no emergency changes.

3 · Contracts

GraphFund
not deployed yet
KeeperStaking
not deployed yet
KeeperBadge
not deployed yet
$GRAPHFUND
not launched yet

4 · Before you lock

Can a whale buy a committee?
Seats are drawn in proportion to what is locked, so whoever locks most of the $GRAPHFUND wins most seats. The median protects a fork's split only while no one holds three of its five seats. Every seat and every vote is public.
Keepers keep 2% of what?
Each epoch, the Keepers who voted on a fork share 2% of the ETH that flowed through that fork. The other 98% keeps climbing down the tree.
Did these projects sign up?
No. They are recipients, not partners. Graph Funding pays the donation address each project publishes; none of them has endorsed it.
Is it audited?
Not yet. The code is open source and tested. The draw uses the hash of a future block, which that block's proposer could bias.