First steps to tracking funds

Keeping proper records for you and the Project Catalyst community.

If you have submitted multiple proposals, you should ensure that the funds you receive are properly allocated to the corresponding proposals by providing a unique wallet address for each proposal.

To determine the amount of funds you have received from IOG and the number of remaining installments:

1. Multiply the number of ADA received by the exchange rate provided by IOG. This will give you the total dollar amount of the funds received

2. Divide the total dollar amount of funds requested in your proposal by the dollar amount you have just calculated. This will tell you how many more installments you will receive from the Cardano Treasury.

In order to receive the final installment, you will need to submit a close out report.

The Project Catalyst team will send a notification via Telegram when they have disbursed funds. You'll find links to Telegram channels here. The message will include the transaction id numbers and the exchange rate used for the disbursement.