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Fund 7 Town Hall #3

Host:

Date:

Daniel Ribar + Kriss Baird

2021-12-01

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Welcome to the experiment! 🧪

2

  • Things may:

👉 Break

👉 Lack documentation

👉 Differ greatly between iterations

👉 Disorient, overload and inspire.

🎯 Our goal: Provide a safe and lively environment for you to explore the highest potential of human collaboration

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Cohort Presentation

Fund6 - Indigo: Synthetic Assets on Cardano

Joined by Eric Coley CEO and Cody Butz CTO

Daniel Short

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F6: Scale-UP Cardano’s DeFi Ecosystem�

www.indigoprotocol.io

@Indigo_Protocol

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Indigo Protocol: Synthetic Assets on Cardano

A robust Cardano DeFi ecosystem would require a scalable Plutus smart contract synthetics protocol to efficiently & securely mirror real-world assets on-chain.��Owning an iAsset does not represent any underlying ownership of the real world or digital asset itself, merely the synthetic asset.

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Meet Indigo Protocol

Indigo Labs Team

We saw an opportunity to be the first team to begin a development sprint in creating such a protocol and began development in May of 2021.

  • Team of 7 Haskell developers (Top 20% of Plutus contributors on GitHub)
  • 1 Web Developer (Plutus experience)
  • 1 Marketing Lead
  • 2 Tech Consultants with a decade of entrepreneurial experience

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The protocol will combine proven DeFi functionalities like minting, staking and burning iAssets. These iAssets enable significant advantages over traditional assets:��-Fractional Shares

-No Limited Location��-Simple to access with little to no typical obstacles��Enabling price exposure to assets via Indigo’s noncustodial & decentralized architecture unlocks opportunities for wealth creation at the global scale for anyone with an internet connection, instead of only for a select few.

What Indigo Brings to The Table

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Indigo Protocol: Synthetic Assets on Cardano

Tweag Audit of Indigo Protocol�

As with any legitimate protocol developing in good faith, we needed a trusted and capable external firm to audit our plutus smart contracts to expose any vulnerabilities in our code. This was a mission-critical step for our team in building a safe, secure, and robust dApp that we had full confidence in.

  • 30 engineering hours - Code Review
  • 15 engineering hours - Delivery of Initial Audit Report
  • 15 engineering hours - Verification Review
  • 5 engineering hours - Final Audit Report

Fixed cost for this work which is composed of developer's salary, accounting/taxes and VAT: $65,000

How Project Catalyst Helped Us

Thanks to the catalyst voting process, the community supported our mission and has made us fortunate enough to receive funding on our project.

Our proposal was funded for 60k US dollars, though our actual audit costs exceeded 60k.

A synthetics protocol to efficiently & securely mirror real-world assets on-chain.�

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Resolved Issues from Tweag Audit

#1 — Unauthorized Manipulation of StakingManager Severity: CRITICAL�#2 — Stability Pool reward cannot be withdrawn Severity: CRITICAL

#3 — Protocol parameters cannot be modified Severity: CRITICAL�#4 — StakingToken can be duplicated Severity: HIGH�#5 — Modifying proposalDeposit interacts with existing proposals Severity: HIGH�#6 — Two incompatible instances of $INDY token Severity: MEDIUM�#7 — Minting Policies are too loose Severity: MEDIUM�#8 — Dangerous reliance on findInputWithToken Severity: MEDIUM�#9 — Underspecified OpenPosition output Severity: LOW�#10 — Underspecified CloseCDP output Severity: LOW�#11 — $INDY Tokens can be deposited back into TeamVesting Severity: LOW�#12 — Documentation is partial Severity: LOW�#13 — Comments are lacking Severity: LOW

#14 — Long lines harm readability Severity: LOWEST��

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Thank You for Listening.�To learn more about Indigo Protocol:�www.indigoprotocol.io�@Indigo_Protocol

Indigo Protocol has now completed it’s security audit with the help of Project Catalyst. We thank you and appreciate the opportunity to be a part of this amazing community.

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Cohort Presentation

Stephen Whitenstall

Vanessa Cardui

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Quality Assurance DAO

The Distributed Autonomous Organisation of Quality Assurance

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

How a $5 Fund 5 proposal

  • travelled through Project Catalyst
  • reached out to other proposers
  • revised itself based on feedback
  • and turned into a community service.

Welcome to the experiment !

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

Insight Sharing - April 2021

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

Intention - April 2021

I am treating the whole process like a development and a QA running in parallel. I am hoping to capture valuable data for assessors as well as proposers.

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

Open Source Survey - April 2021

  • Open?

  • Accessible?

  • Transparent?

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

Open Source Survey – April 2021

“Why ?”

“Would like to see your project providing value first”

“Thanks for looking at this!”

“I don't completely understand "open source organizations" yet but love to hear more about that.”

“We are not open source”

“great questions”

“ … codebase will be made open source under Apache 2.0”

“Documentation will be contained in GitHub and published to a static site … “

“Yes”

“the software we will be running is …”

“I've written down an Open source plan for each of the components of the site … “

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

Proposal Submission – May 2021

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

In the meantime, QA-DAO …

Tracked and documented :

Catalyst Circle

Eastern Town Hall

Catalyst Swarm

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

QA-DAO works with …

Catalyst Swarm

Bridge Builders

Catalyst Circle

Eastern Town Hall

Secret Decks

Allison Fromm

Andreas Sosilo

Angela Gatende

Auditability Challenge Team

Catalyst Circle Admin

Catalyst School

Dan Verowski

Dominik Tilman

Dor Garbash

Felix Weber

Filip

George Lovegrove

Harris Warren

Jakob

Jo Allum

JP

Kenric Nelson

Lauris Steglics

Linh

Matthias Sieber

Michael Yagi

Mie Tran

Nadim Karam

Nori Nishigaya

Peter Wolcott

Quasar

Raymond Mata

Robert O'Brien

Seomon

Tevo Saks

Heather

Victor Corcino

Yan Tirta

Yuta Yuta

Tyler Wales

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

F5 QA-DAO got funded – July 2021

For the princely sum of $5 we discovered that there is a demand and need for Quality Assurance in Catalyst .

QA-DAO believes that quality assurance is a cornerstone of good governance; we aim to develop distributed, inclusive and open-source approaches which engage communities in building cultures of transparency.

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

QA-DAO Fund 6 Proposals

Audit : Distributed Auditability

Tracking : Oversight of Catalyst Circle

Documentation : Swarm GitBook

Training : Open Source Training

Collaborations : Homeless Hub

F6: Improve and Grow Auditability

F6: Distributed decision making

F6: Catalyst value onboarding

F6: Scale-UP Cardano's Community Hubs

F6: DLT Entrepreneurship Toolbox

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

QA-DAO Fund 7 Proposals

QA-DAO Transcription Service

https://cardano.ideascale.com/a/dtd/QA-DAO-Transcription-Service/383492-48088

Penny Lane Liverpool Philosophy Hub

https://cardano.ideascale.com/a/dtd/Penny-Lane-Liverpool-Philosophy-Hub/383504-48088

F7: Scale-UP Cardano's Community Hubs

F7: Community Events

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Quality Assurance DAO

The Distributed Autonomous Organization of Quality Assurance

QA-DAO Website and contact

Website : https://quality-assurance-dao.github.io/

Twitter : @qa_dao

On Discord : stephen.rowan, CallyFromAuron

On Telegram : @swhitenstall, @vancardui

Please comment on our Fund 7 proposals

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Welcome Fund7 Proposers!

Active Proposals: ±1,166

  • A.I. & SingularityNet a $5T market - 42
  • Accelerate Decentralized Identity - 63
  • Boosting Cardano's DeFi - 51
  • Catalyst - Rapid Funding Mechanisms - 19
  • Catalyst Accelerator & Mentors - 42
  • Catalyst Natives COTI: Pay with ADA Plug-in - 18
  • Community Events - 60
  • Connecting Japan/日本 Community - 13
  • DAOs ❤ Cardano - 50
  • DApps & Integrations - 103
  • Disarm cyber disinformation attacks - 12
  • Gamers On-Chained - 57
  • Global Sustainable Indep. SPO's - 27
  • Grow Latin America, Grow Cardano - 83
  • Improve and Grow Auditability - 20
  • Lobbying for favorable legislation - 22
  • Mini/Low-Budget Dapps & Integrations - 36
  • Miscellaneous Challenge - 96
  • Multilingual resources - 44
  • Nation Building Dapps - 51
  • New SPO Business Opportunities - 39
  • Open Source Developer Ecosystem - 38
  • Scale-UP Cardano's Community Hubs - 66
  • Seeding Cardano's Grassroots DeFi - 25
  • Fund8 challenge setting - 89

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Refinement stage was a success!

Fund5: ~1900 Comments made!��Fund6: ~2,100 Comments made!

�Fund7: ~2,500 Comments made!

369 (451) proposals without a comment - let’s give them something to think about!�

https://cardanocataly.st/feedback-challenge-tool/#/

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Feedback challenge

  • Find three proposals with no feedback or low feedback on cardano.ideascale.com platform.

  • Enhance each idea with your best advice to make it the most impactful it can be.

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Fund7 innovation phase

*always make sure to check for any changes in timeline

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Insight sharing

Share perspective (NOT proposals yet)

Nov 11th

Nov 18th

Proposal draft submission

Submit ideas

Provide structured feedback

Nov 18th

Nov 25th @11AM UTC

Proposal Refinement

Provide structured feedback

Nov 25th

Dec 2nd @11AM UTC

Proposal Finalization

Idea -> proposal

Dec 2nd

Dec 9th @11AM UTC

Proposal Review

Community advisors review proposals

Dec 9th

Dec 16th @11AM UTC

Asses QA

Proposers flags, vCA reviews

Dec 16th �@11AM UTC

Jan 6th @11AM UTC

Governance phase

Voting

Jan 13th

TBD

Treasury ROI

Innovation

Governance

Execution

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Finalization stage - Focus time

👉 deep listening to feedback 🧘‍♀️

👉 dive into details - fine tune 📝

👉 merge proposals for strength 🤝

👉 maybe rewrite everything - totally okay! 💪

👉 set reasonable budgets and be mindful of funds requested

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The checklist

  • Please review all the items in the checklist in Ideas Submission Form
  • Make sure they are addressed and the checkmarks are inputted.
  • Step by step 👉 Click edit button 👉 press checkmarks 👉 save your changes.

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The checklist

Community Resource by Len

OR

Community Advisor Guide

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The whole point of this time is to evolve proposal to better address the challenge

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Negativity undermines our long-term goals

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Ignore > negativity

There will be plenty of time to campaign after finalization

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CATALYST CIRCLE - v2

Next Circle:

Dec 9, 2021 @ 17:00 UTC

Matthias Sieber

Cardano Foundation

Harris Warren

IOG

Tevo Saks

Toolmakers & Maintainers

Stephen Whitenstall

Funded Proposers

Allison Fromm

General ADA Holders

Raymond Mata

Stake Pool Operators

( SPO’s )

Kenric Nelson

Community Advisors

( CA’s/vCA’s )

Project

Catalyst

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Project

Catalyst

CATALYST CIRCLE

Room is open to any ADA holders with questions, concerns, or ideas

More times and dates to be announced with a focus on other time zones

General ADA Holders are a huge community, with no central gathering spot

Topics focused on the engagement of ADA holders with Catalyst

Office Hours - General ADA Holders Rep

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Project

Catalyst

CATALYST CIRCLE

A Quick Start - FAQ is now available for Funded Proposers at : https://quality-assurance-dao.gitbook.io/catalyst-coordinator/

Feedback on the funded proposer experience is invited at funded-proposers@catalystcircle.io and will be tracked here.

A draft Catalyst-Coordinator Hub proposal has been submitted in the Community Hubs Challenge to sustain this platform.

In response to requests an overview of Challenge Teams is being compiled at : https://quality-assurance-dao.gitbook.io/catalyst-fund-7-challenges/

and separate GitHub Repositories for each Challenge are being setup.

See this issue for details.

Coordinator Representative Updates

(Funded Proposers)

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Project

Catalyst

CATALYST CIRCLE

Check out CC Meeting 10!

~ CCv2’s Second Congress ~

OBSERVE THE SENSOR ARRAY!

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Project

Catalyst

CATALYST CIRCLE

The CC Admin Team now has a Treasurer Team!

Chris Keller

Miroslav Rajh

Andre Diamond

CC Admin Treasurers

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Project

Catalyst

CATALYST CIRCLE

CC Meeting 11 - December 9, 2021 @ 17:00 UTC

View the status of individual problems Circle addresses on the Trello :

CCv1 minutes and documentation GitBook ( by QA DAO )

Circle has a funded F6 proposal - “Power Up The Catalyst Circle

Catalyst Circle has his submitted Challenge successfully voted

Rapid Funding Mechanisms

Oversight of Catalyst Circle, by Stephen Whitenstall was

successfully voted and funded

CCv2 minutes and documentation GitBook ( by QA DAO )

News & Updates

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IDEA FEST FUND 7

Meet the Future Builders of Cardano

DECEMBER 18 & 19 at 15.00 UTC

Two Days of presentations and Q&A

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December 18

At 15.00 UTC

December 19

At 15.00 UTC

Place for you to present your Project to the Community

Place for you to meet the People behind the Projects you want to vote for

Place for you to meet get inspired to start your own Project

Online - Open Community Event on Zoom to celebrate the future builder of Cardano

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Community advisor registration

🔓 Registration for CAs OPENs tomorrow via Ideascale mid day UTC

🚨 Deadline by December 9

When registration opens, you will see a pop up in Ideascale that looks like this------>

📣 Join the CA Telegram Channel https://t.me/CatalystCommunityAdvisors

⚠️ Make sure you understand all criteria to be eligible and read CA Guide.

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Catalyst School

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Registration For Fund7 - ongoing

  • If you registered and cast votes in Fund4, 5 or 6 - your registration is already valid for Fund7

  • At least 500 ada in your wallet at time of snapshot

  • You complete your registration before snapshot date: January 6, 2022 - 11:00 UTC

  • Registration fee 0.17 ada

  • Make sure you have the most up-to-date version of Catalyst App

  • Save your QR & PIN code

  • Details

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No QR code saved, no vote!�No PIN code saved, no vote!

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  • Recurring link - add to your calendars and just simply join each week using the same access

  • December 8th - 18:00 UTC

  • Registration link: https://bit.ly/3rCicSR

Next Town Hall (regular)

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We’re hiring! Currently Open Positions

  • Software Test Engineer - Catalyst/ EVM - https://apply.workable.com/io-global/j/79CB72BFE5/
    • Software testing design, planning, scripting and execution across all releases to the Cardano platform

  • Software Engineering Lead - Rust - https://apply.workable.com/io-global/j/870698A849/
    • Someone with the leadership skills necessary to build consensus on technical directions and scope of work and is experienced in Rust programming

  • Software Engineer - Rust - https://apply.workable.com/io-global/j/40A7923138/
    • Writing high-quality Rust code for our products. You have the exciting challenge of working with cutting-edge blockchain research and technology with a focus on the market's needs

  • Lead UX Product Designer - https://apply.workable.com/io-global/j/CB4F0F58A9/
    • Own the governance experience for the Cardano blockchain platform. This will involve directing designers, UX researchers and community managers in creating a world-leading governance experience

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ℹ️ Need help? Want to help? 🤝

📣 Announcements only: https://t.me/cardanocatalyst

📧 Subscribe to the mailing list: https://bit.ly/3dSZJvx

🎥 Rewatch past town-halls: https://bit.ly/2UxT9Uv

💡 Browse insights, ideas, and proposals: http://cardano.ideascale.com

💬 Join main Telegram group: https://t.me/ProjectCatalystChat

🏟 Go deeper with Catalyst Discord: https://discord.gg/2RnUtK8

🤓 Become Community Advisor/Mentor: https://t.me/CatalystCommunityAdvisors

👩‍🔬 Join Proposal Owners: https://t.me/catalystproposers

🐝 Catalyst Swarm & Sessions: https://discord.gg/FRREGhe4xN

🐛 Help find bugs & test: https://t.me/catalystdryruns

⚙️ Get lost in data: https://bit.ly/ProjectCatalystDashboard

🎉 See all funded proposals at glance: https://bit.ly/3wiBHjP

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CATALYST

SWARM

ENVISION DECENTRALIZED SOCIETY

SESSION | WORKSHOPS | EVENTS

FROM THE COMMUNITY | FOR THE COMMUNITY

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Eastern Hemisphere

TOWNHALL

A CARDANO COMMUNITIES INITIATIVE

December 4 - AT 9am UTC

REGISTER HERE

CONTACT AND CHAT

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TOWN HALL

EACH SUNDAY

AT 17.00 UTC

A place for the PlayerMint team to provide updates on development as well as a spotlight for other projects to present.

ON ZOOM

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PLAYGROUND

GIMBALABS

Our mission is mobilize everyone to develop tools and applications through a unique experience of co-creation that facilitates adoption of the Cardano protocol, reveals new possibilities, and ignites the public imagination worldwide.

EACH TUESDAY AT 16.00 UTC

ON DISCORD

We envision a world where as many people as possible are empowered to solve problems using the Cardano protocol.

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CATALYST SWARM

SESSION | WORKSHOPS | EVENTS

FROM THE COMMUNITY | FOR THE COMMUNITY

CARDANO CREATIVES #1

SATURDAY

17.00 UTC

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TOWN HALL

BY CATALYST SWARM

& THE CATALYST COMMUNITY

AFTER

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TO HOST

YOUR BREAKOUT ROOM

SIMPLY TAKE YOUR SLOT

WANT

?

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in meaningful conversations and collaborations

new ideas and improve processes together

with other Catalyst Community Members

Catalyse

Participate

Connect

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Mini Proposal Workshop

Tevo Saks

Cross Chain

Collaboration

Filip Blagojevic

Open source Dev

Challenge

Sosha Happel

Breakout Rooms

NFT Guild

CENTI

Community Events

Dominik Tilman

Open Office Hour

Allison Fromm

MLabs Introduction

Benjamin Hart

Sala de Café

LATAM Community

Cardano DCF

Johnny Nguyen

Gamers On Chained

Marcin Kugla

Challenge Dapps

and Integrations

Alexander Rau

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STAY TUNED FOR CARDANO / CATALYST COMMUNITY

ONLINE EVENTS