Catalyst Onboarded Companies Playbook
  • Introduction
  • Contents
  • Part 1: Terms and conditions of your funding
    • Where your funding comes from
    • How much you got funded and how it gets distributed
    • Phase 1: Onboarding, Proof of Life and Test Transaction
      • Proof of Life (PoL)
    • Phase 2: Project Delivery and Regular Reporting
    • Phase 3: Close-out Report and Video
    • Expected return (or why you got funding)
  • Part 2: Using the funding
    • Before you start
    • Open a wallet
      • What you need to know about wallets
      • Keeping your seed phrases safe
      • Multi-signature (multisig) wallets
      • Hardware Wallets
      • Risk list: Why not to store your ADA on an exchange
      • Video links about wallets
      • The case for lace.io
    • Converting from ADA to your currency
    • Converting from ADA to a stablecoin
      • Djed stable coin
      • Converting your ADA to stablecoin on a Cardano DEX
      • List of DEXs
  • Part 3: Accounting and Reporting
    • First steps to tracking funds
    • Keeping track of your funds
    • Accounting for funds recieved
    • Tools to help with taxes
    • Plan ahead to mitigate loss due to volatility
    • Reporting
  • Part 4: Community Support
    • Technical support
    • Telegram groups
    • Challenge Teams
    • Coordinator meetings
    • Project Catalyst Team – how they can help
    • Project Catalyst Team contacts
    • Get help from the Treasury Guild
  • Part 5: Cardano Business Technologies
    • Overview
    • Understanding Cardano Blockchain Technology
    • Programming on Cardano
  • About Cardano Smarthubs
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  1. Part 3: Accounting and Reporting

First steps to tracking funds

Keeping proper records for you and the Project Catalyst community.

PreviousPart 3: Accounting and ReportingNextKeeping track of your funds

Last updated 2 years ago

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 . The message will include the transaction id numbers and the exchange rate used for the disbursement.

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