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Concept and Reasoning
Dev Protocol will allow users to build funding sets that their community can follow and stake in. This will allow easier user experiences for users that don't have enough time or knowledge to choose which projects to fund. Dev Protocol has a universal APY to encourage users to fund projects they care about. Foundations introduce an additional incentive model that creates an implicit return. How? Let's consider the "Chainlink Foundation". Chainlink Foundation will provide funding to those that support their ecosystem, therefore Chainlink's community has an incentive and implicit additional return to join the Chainlink Foundation's set. This is because those OSS project receiving funding from the Chainlink Foundation should improve the Chainlink ecosystem, and therefore increase the value of LINK.
Examples:Chainlink Foundation, Vitalik Buterin Foundation, Ethereum Foundation
Activity