Coordinape - App for Action Rewarding
Last updated
Last updated
Coordinape is an application that brings a solution by approaching the traditional action and reward system with a different approach. Generally, the payment system in DAOs is controlled by an authorized persons. Those people distribute the determined payment amounts to their members on the basis of their contributions. Coordinape changes this traditional structure, allowing team members formed for a task to distribute the determined payments to each other.
Circles are group of contributors within a DAO, they have a budget to distribute among themselves.
Epoch is the period when team members interpret each other and distribute the determined budget to each other on a specified date. Each Circle member receives a specific quantity of GIVE tokens at the beginning of the Epoch . As a compensation for the value they add to the Circle, members distribute tokens to one another throughout the Epoch.
* Opt Out
Team member who is already paid via other channels and does not want to be get paid during the epoch
* Opt In
Team member who wants to receive GIVE* during epoch period.
GIVE is a non-pecuniary token, created to represent transactions within the Coordinape.
Distrubute Rewards
Distribute Gift Circle and Fixed Payments through Vaults or export them as CSV.
The design of the Coordinape application is simple and easy to use for the users.
You can avoid exporting the Coordinape CSV in order to carry out batch payments using third-party programs by using Coordinape Vaults. Coordinape offers a panel where admins can track and manage their team's and send multiple transactions with ease.
CoVaults offers 2 payment methods, fixed and action based.
Vault only supports ERC-20 tokens, DAI or USDC
Coordinape provides Dework integration, there is detailed documentation on how to do it on their web site.
In order to use the Coordinape application, it is necessary to have an Ethereum wallet.
Discord Bot is Available
Detailed documentation on usage and use cases is available on the website.
- Masq Network MASQ_ is the Polygon-powered privacy ecosystem that gives users anonymous access to the uncensored global web from anywhere in the world.
- Bankless DAO BanklessDAO is a decentralized community with one mission: Help the world "gobankless".
- PoolTogether PoolTogether is a blockchain protocol for prize savings.
- Forefront Forefront is content and insights aggregator on social tokens and tokenized communities.
Resources are also available on their website.
https://medium.com/iearn/decentralized-payroll-management-for-daos-b2252160c543
Resources are also available on their website.
