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  • Xsynth protocol
    • Welcome to xSynth
    • The xSynth Protocol
      • xSynth Token (XSYN)
      • The Role of Stakers
      • Oracles
      • xSynth Litepaper
    • Synthetic Assets
      • Perpetual Futures
      • Spot Synths
  • staking
    • Current Protocol Parameters
    • Staking Guide
      • Steps for Staking XSYN
      • Steps for Unstaking XSYN
      • Steps for Claiming Rewards
      • Collateralization Ratio
      • Debt, Minting, and Burning Explained
      • Escrow and Vesting
      • Liquidations
    • Staking FAQ
  • dao
    • Governance Framework
      • xSynth Improvement Proposals (XIPs)
      • xSynth Configuration Change Proposal (XCCPs)
      • Swiss Council
      • Treasury Council
      • Grants Council
      • Ambassador Council
      • Core Contributors
      • Core Contributor Committee
      • Staker
    • Elections and Voting
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  • What is the Grants Council?
  • Election, members
  1. dao
  2. Governance Framework

Grants Council

What is the Grants Council?

The Grants Council is responsible for public goods funding through grants, initiative bounties, or competition prizes. It is a value-based entity, whose ultimate goal in funding projects is to produce publicly accessible, beneficial, high-quality work where profit margins are not the priority. Projects are chosen not based on the value they can extract but instead on the value they can add to the community.

Election, members

Election Process:

xSynth Stakers are assigned a percentage of debt ownership in proportion to their amount of SYN staked, and their voting power is quadratically weighted. Voting is done through the fully on-chain xSynth Governance Module.

Members:

View the most up-to-date election results here

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Last updated 11 months ago