Gardens - a modular coordination mechanism for funding Public Goods

Describe your project and why you classify it as a Public Good?

Gardens (built by 1Hive) is a modular coordination mechanism giving organizations in low trust + inefficient environments streamlined access to web3’s best spending strategies like Conviction Voting, Quadratic Funding, Streaming Proposals, Bounties, and more, which they can use to invest their treasuries in any combination of instances.

Our emphasis is on a community experience that’s healthy, fun, intuitive, secure, trustless and open.

The keystone of Gardens v2 infrastructure is the Community Covenant, which serves the role of:

  1. encoding a community’s values / mission in an on-chain social contract
  2. linking that Covenant to the various smart contracts that make up the communities funding and spending strategies.
  3. allowing people to signal support for the community through token staking

All of our code is open-source. Always has been and always will be. :seedling:

How much have you raised from each of your funding sources and from who?

Over the last 3 years we’ve raised ~$120,000 - here’s an approximate breakdown:

  • $60,000 - 1Hive Funding Proposals
  • $30,000 - Gitcoin Grants
  • $15,000 - Polygon Ecosystem Grant
  • $10,000 - Allo on Arbitrum Hackathon winnings
  • $2,000 - Giveth Donations

Project Roadmap

Our focus is on hyperscaling funding for digital and physical ecosystems by improving the ROI for expenditures on public goods.

Phase 1 - 2024

  • Build an exceptional grants funding platform! Focus on web3 ecosystems currently running grants programs + open-source software communities in crypto.
  • Build coordination mechanisms that help these orgs fund public goods so they can reach hyper-scalable growth.

Phase 2 - 2025-26

  • Expand to web2 open-source software communities. Provide coordination infrastructure and funding mechanisms that allow for community-owned digital collectives to fund and build and maintain digital public goods sustainably and scalably.

Phase 3 - 2027-28

  • Expand to real world public goods. Provide a UI/UX so simple that any group of people can easily spin up a community and coordinate funding and decision-making sustainably and scalably for their cause.

Our goal is to spur an economic revolution in Public Goods production. Success for gardens isn’t accomplished until over half the world’s wealth is stored in entities whose primary purpose is to fund Public Goods.

What milestones have you achieved?

We launched Gardens v1 in Spring of 2021 and reached a max TVL of $40.5 million in December 2021. To date, millions of dollars of funding has been distributed to Gardens communities through Conviction Voting. In the last 3 years Gardens has fostered:

  • 50+ communities
  • 3,000+ members
  • 400+ proposals passed
  • 12 disputes ruled on by Celeste

A proof of concept for our new platform overhaul recently won Best Novel Funding Mechanism in the Allo on Arbitrum Hackathon

Tell us more about milestones you’d like to achieve

We are aiming for beta launch of our first major platform overhaul (dubbed internally as “Gardens v2”) in April 2024.

By the end of 2024 Gardens aims to reach:

  • 5+ ecosystems with active gardens communities
  • 20+ active gardens communities
  • 1,000+ active community members
  • $1M distributed through gardens v2 Funding Pools
  • $50M+ TVL - measured in Funding Pool token balances of all gardens v2 communities

Our Team

Gardens is a globally distributed team with 8 contributors spanning 6 countries and 3 continents! Collectively we have 2 decades experience in web3.

Links:

Additional info since we’re a new project!

  1. A text description of the project, about 3-4 paragraphs long,

Our goal is to hyperscale ecosystems by improving the ROI for expenditures on public goods.

Gardens v2 is a modular coordination mechanism giving organizations streamlined access to web3’s best spending strategies like Conviction Voting, Quadratic Funding, Streaming Proposals, Bounties, and more, which they can use to invest their treasuries in any combination of instances.

Our emphasis is on a community experience that’s healthy, fun, intuitive, secure, and open.

The keystone of Gardens v2 infrastructure is the Community Covenant -

  1. encoding a community’s values / mission in an on-chain social contract
  2. linking that Covenant to the various smart contracts that make up the communities funding and spending strategies.
  3. allowing people to signal support for the community through token staking

We’re targeting a beta launch in April 2024.

  1. A hero message - a concise one-liner summarizing your project,

A bottom-up governance framework for public goods funding ecosystems - Gardens provides coordination infrastructure and funding mechanisms for communities to grow shared wealth.

  1. A project mark / logo in SVG format,
  1. At least one URL (to your project’s website or a social media page),
  1. A designated admin wallet address and a message signature from that address including the word “Octant”.

Admin Address: 0x809C9f8dd8CA93A41c3adca4972Fa234C28F7714

https://signer.is/verify/JTdCJTIyY2xhaW1lZF9tZXNzYWdlJTIyJTNBJTIyR2FyZGVucyUyMEFkbWluJTIwYWRkcmVzcyUyMGZvciUyME9jdGFudC4lMjIlMkMlMjJzaWduZWRfbWVzc2FnZSUyMiUzQSUyMjB4YTU5YmM3OTA3NGExMTNkMDQ4MDQ1N2U5YmYyY2FlMzQzZDk0Mzg4ZDQ5ZGJmYTdiNGZmODJlNTI4ZGNhOWUwMzZmYmI1YTI2NDNmZWM1MGFjNzAxNDhhNmNhMWMxODNhN2M5YzI4ZmVmYTQxNTk1M2E2ZGIwYWI1MWFjODliODExYyUyMiUyQyUyMmNsYWltZWRfc2lnbmF0b3J5JTIyJTNBJTIyMHg4MDlDOWY4ZGQ4Q0E5M0E0MWMzYWRjYTQ5NzJGYTIzNEMyOEY3NzE0JTIyJTdE

Project update time!

Since Epoch 3 the Gardens team has completed the alpha version of our platform overhaul dubbed “gardens v2.”

These functions are now supported in our current alpha version:

Create a Community

  • Publish a Covenant (community’s social contract) via IPFS
  • Select a Council Safe as community admin
  • Choose the staking token for the community
  • Optionally, collect a fee from members when they register in the community
  • Optionally, allow the Council Safe to boot members from the communnity

Create a Conviction Voting Pool

  • Choose between Type: Funding or Signaling
  • Select the Pool Parameters
  • Choose Voting Weight System: Fixed, Capped, Unlimited, or Quadratic
  • Modularly create as many Conviction Voting pools as you’d like
  • Update CV parameters on active pools

Create a Proposal

  • Post a proposal in an active Conviction Voting Pool
  • For signaling proposals: add a title and description
  • For funding proposals: also add a funding amount and beneficiary wallet

Actions for Community Members:

  • Register in a community or leave the community
  • Change your voting weight in pools by increasing / decrease total stake in community
  • Activate / deactivate your governance in each Conviction Voting pool
  • View and Support Proposals
  • See Proposals results

Here’s some screenshots from the app on ETH Sepolia:




Awesome update, thanks for sharing @paul
I have a bit of a question about this part:

How are you planning to approach this token and its distribution?

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We call that token the “ecosystem token” - members stake it in the Covenant to join a community. It can be any ERC-20 and should be the token ecosystem that the community directly supports.

For example Gardens is from the 1Hive ecosystem, so our’s will be $HNY.
Octant’s would be $GLM, a community supporting infra on Arbitrum would use $ARB, Optimism would be $OP, etc. etc.

We’re not currently supporting native tokens in v2 so for now it’s BYOT.

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