Extended Quadratic Funding

Our voting system considers three key factors: the number of supporters, their proven track record of social impact (shown as an "impact score"), and their financial contributions to your project. This balanced approach rewards projects that gain broad community support, especially from demonstrated changemakers.

In theory, your voting power is calculated by the square root of the amount donated, then multiplied by your impact score. If you donate $100 and your impact score is 10, the voting power will be √100 * 10 = 100.

Extended quadratic funding is a powerful mechanism for allocating resources in a way that better reflects community preferences and prevents wealth concentration. Our extended quadratic funding model addresses three key advantages:

• Democratic Decision-Making: Small donations gain more weight when combined, ensuring broader community participation

• Fair Resource Distribution: Prevents wealthy donors from dominating funding decisions

• Impact Optimization: Funds are allocated based on both community support and verified social impact

All proposers have two potential funding sources: grants from the matching pool and community donations. Projects that win grants receive up to their requested amount, while others receive only community donations.

Here's an example with a $10,000 matching pool: Project A requests $8,000, Project B requests $5,000, and Project C requests $4,000. After voting, Project A receives $3,000 in donations and earns the highest voting power, securing $5,000 from the matching pool—totaling $8,000. Project B receives $2,000 in donations and ranks second in voting power, claiming the remaining $3,000 from the matching pool—totaling $5,000. Project C raises $2,000 in donations but, with the matching pool depleted, receives only their direct donations.