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Milestone Pools

Fund work in steps. Pay only for what is delivered.

A review committee, fixed from the start, approves each milestone before it is paid. If the work stalls, what has not been paid out can be refunded.

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Unaudited software. Reviewers are people, and a dishonest majority can release money for work that was not done.

Pooled so far, held by the contract

0USDC

across 0 initiatives from 0 backers

Open for funding
0
In progress
0
Completed
0
Ended early
0
Paid for approved work
0 USDC
Refunded to backers
0 USDC
Committee members
0

Happening now

All activity and stats

Nothing has happened yet. Start the first initiative.

The people behind it

Top backers

Ranked by total contributed. Select one to see everything it has backed.

Nobody has contributed yet.

Most active reviewers

Ranked by votes cast on milestones.

No committees yet.

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See how a pool pays out

Each segment of the bar is one milestone. It fills as people contribute, then turns green as the committee approves the work, one milestone at a time.

Example: community workshop seriesSample
8,000 USDC raised of 10,000
  • Milestone 1 approved, 3,000 USDC paid
  • Milestone 2 under review, 2 of 3 approvals needed
  • Milestone 3 waits until milestone 2 is approved

How it works

The full walkthrough
  1. 1

    Propose

    Set the milestones, the amounts and a review committee of 3 to 9 people. After that, nothing can be changed, not even by you.

  2. 2

    Pool

    Anyone can contribute during the funding period. If the minimum is not reached, everyone is refunded in full.

  3. 3

    Deliver

    The grantee submits evidence for one milestone at a time. A majority of the committee must approve before that part is paid.

  4. 4

    Finish or refund

    If a milestone is rejected three times, or the grantee goes silent for 60 days, what has not been paid out goes back to backers.

What you can and cannot rely on

What the contract enforces

  • Money is only released after a majority of the fixed committee approves.
  • Nobody can change the milestones, the amounts or the committee after creation.
  • There is no owner, admin or pause button that could move your funds.
  • If the work stalls or fails, the part not yet paid out can be refunded.

What it cannot do

  • It cannot tell whether the work was actually good. The committee judges that.
  • A dishonest majority of the committee can release money for work that was not done.
  • Part already paid out for approved milestones is not refunded.
  • It is unaudited software, so a bug could lose funds.

More detail in the Terms & Risks and the FAQ.