How accountability works¶
Part of every trading fee goes to a project or a cause (see Fees). This page explains how that money is tied to progress: milestone releases for idea coins, and continued funding for Giveth projects.
How reviews work¶
AI reviews plans, evidence and project updates, decides, and gives a short reason. This keeps reviews to minutes, not days. Larger amounts get a more thorough AI review.
A person steps in when the AI is unsure, when something looks like fraud or an attempt to steer the review, or when automatic approvals reach a set limit.
Lenient at launch¶
Standards are still being set, so reviews are easygoing for now. They don't judge ambition, polish or small gaps. But some evidence of progress is required: a link to working code, a release, a demo, a receipt or a public post, not just "we're building it". Clear fraud, such as fabricated or recycled proof, is rejected.
Idea coins: funds released by milestone¶
An idea coin's share is released in steps, not all at once.
- Plan. The recipient files a public plan of milestones, each with a deliverable, the evidence to be shown, a deadline and an amount. Plans are approved unless clearly abusive or a milestone has nothing anyone could check. Otherwise the reviewer says what to fix.
- Small start. An approved plan can release up to 10% of the round. Nothing is released before that.
- Evidence. The recipient submits public evidence for each milestone.
- Verdict. The reviewer approves, requests changes or rejects, with a reason. Approval releases that milestone's amount.
- Payout. Approved amounts are paid in batches (expected every 1-7 days).
Missed deadlines. A missed deadline gets one 30-day grace period. If it's missed again, or no plan is approved within 90 days, unreleased funds can move to the community takeover.
Giveth projects: funding follows progress¶
- Each project starts with a default monthly amount.
- A public Giveth update that says what the funds paid for, and what comes next, can raise the monthly amount.
- If funds were sent and no update shows progress, payouts can pause until one does. The share stays set aside for that project.
The same lenient standard applies, and a person can override any decision.
What we plan to do¶
These are intentions, without dates, and they may change.
- Faster payouts.
- Clearer standards based on what can be verified, with stricter reviews over time.
- Ways for others to challenge decisions, and richer appeals.
- Decentralized dispute resolution.