Public goods, the open-source software, tools, and infrastructure that so much of the Web3 ecosystem depends on, are notoriously hard to fund. Everyone benefits from them, but no one feels directly responsible for paying for them. Octant is one of the most innovative platforms working to change that, and in this special bonus episode of the Crypto Altruists podcast, we take you inside it.
We released this one during Octant Epoch 12, and it's part conversation, part hands-on demo.
Octant is a participatory public goods funding platform and community. It enables users to stake GLM and allocate a portion of the rewards, generated by the yield from Octant's 100,000 ETH treasury, to public goods projects across the Ethereum ecosystem. And with the recent launch of direct Ethereum donations, there's now a new way to support great projects even if you don't have GLM locked.
In short, it turns staking yield into recurring, community-directed funding for the projects building a better Web3.
Drew sits down with Nico from the Octant team to explore:
Then comes the best part: Nico walks through a live demo of the new Octant interface, showing exactly how to allocate GLM rewards and how to make direct ETH contributions to the causes you care about. Whether you're brand new to Octant or a longtime participant, this episode has something for you.
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