How much you got funded and how it gets distributed
Getting funds from Cardano Project Catalyst treasury to you.
How much
When you designed your experiment for a way to improve Cardano or increase adoption and put up a proposal to Project Catalyst, you figured out how much work your project would require. The community then voted on your proposal, so the amount of money you get will be the same as what you asked for in the proposal approved by the community.
How its distributed
All funded Project Catalyst Proposals go through three important phases which trigger the distribution of funds;
Phase 1 – Onboarding, Proof of Life and test transaction
Phase 2 – Project Delivery and Reporting
Phase 3 – Project Completion and Project Close-out Report
The total amount of money you asked for is divided into equal amounts that will be paid out once a month for as many months as your experiment will take, plus one month.
Example: 12 week project = 13 equal project payments
The final month's payment is made after your project is officially closed-out.
More information about how distributions are calculated is available here.
Next, we'll summarise each phase.
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