CouncilHaus
dApp that enables organizations to democratically allocate and distribute budget to grantees through a collaborative decision-making process
Project Description
Council is an innovative system designed to democratize and streamline the process of allocating grants or funds within an organization. It's like a digital roundtable where designated council members can collaboratively decide how to distribute resources to various projects or individuals (called grantees).
Key Features
- Democratic Decision Making: Council members are given voting power, allowing them to have a say in how funds are distributed.
- Flexible Allocation: Members can allocate their voting power across multiple grantees, supporting various projects as they see fit.
- Transparent Process: All allocations and decisions are recorded, ensuring a clear and auditable trail of fund distribution.
- Managed Access: The system includes roles for administering members and grantees, maintaining control over who can participate.
- Fair Distribution: Once allocations are decided, the system automatically handles the distribution of funds to grantees.
How it's Made
We could only code the smart contract during the hackathon. We will continue the project after the hackathon adding a frontend.
The project is developed using solidity and the Superfluid General Distribution Agreement, which enables supertokens to be distributed among grantees in a very efficient manner.
