{"type": "project", "title": "Convex Funding(ex-Gitcoin\ud83e\udd16 reviewers)", "logoImg": "bafkreihk34r3iqxgvxi5j3f2p43kb5mwxkpmigwoe72dzewv2t35w6ra5e", "website": "https://www.notion.so/sovs/Convex-Voting-fac471c3c29a474381350cb95316953f", "bannerImg": "bafkreifgmtci4hukyjh7sk5w6ss4kgnte4ezfggpzoagdbddlping3c6ki", "createdAt": 1730203229766, "credentials": {}, "description": "This project is created and maintained by a community of ex-gitcoin reviewers that really believe web3 grant programs should be credible neutral!!!\n\nOur solution to this problem is : Convex FUNDING!\n\nThe concept is derived from the mathematical idea of \"convexity,\" where a function's rate of change increases as input values grow.\n\nConvex functions are used in optimization problems. In finance, they are often used in portfolio optimization.\n\nCFX can grow into a new allocation mechanism in which the rewards or benefits increase disproportionately as certain outcomes/milestones are achieved.\n\nIt can optimize :\n\nA)The allocation game by incentivising winners(or desired behaviors) to accelerate developments while enabling a more customizable approach.\n\nB) It can also optimize quadratic funding rounds to allocate both democratically and optimally.\n\nC) Has different functions and can become:\n\n  1)A second neutral layer of review \n\n  2)System that \u201cscans\u201d for innovation and high impact projects \nOur pilot program had great results and was funded by the ThankARB program. We wish to export CFX to the public goods space and create a Garden to grow & maintain in the real ethos of web3.\n\nMembers:\n\nZER8: https://x.com/zer8_future\n\nRoman: https://x.com/ijeblowrider\n\nAnna: https://x.com/AnnAnna9627\n\nRobi\n\nJulian\n\nJoin our Gardens: https://gardens-v2-git-beta-1hive.vercel.app/gardens/42161/0x912ce59144191c1204e64559fe8253a0e49e6548/0x110f4a8153c04eace288e712eb4b975b46376b8c\n\nSupport us if you bee-lieve! \ud83d\udc1d", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "zer8_future"}
Convex Funding(ex-Gitcoin🤖 reviewers)
This project is created and maintained by a community of ex-gitcoin reviewers that really believe web3 grant programs should be credible neutral!!!

Our solution to this problem is : Convex FUNDING!

The concept is derived from the mathematical idea of "convexity," where a function's rate of change increases as input values grow.

Convex functions are used in optimization problems. In finance, they are often used in portfolio optimization.

CFX can grow into a new allocation mechanism in which the rewards or benefits increase disproportionately as certain outcomes/milestones are achieved.

It can optimize :

A)The allocation game by incentivising winners(or desired behaviors) to accelerate developments while enabling a more customizable approach.

B) It can also optimize quadratic funding rounds to allocate both democratically and optimally.

C) Has different functions and can become:

  1)A second neutral layer of review 

  2)System that “scans” for innovation and high impact projects 
Our pilot program had great results and was funded by the ThankARB program. We wish to export CFX to the public goods space and create a Garden to grow & maintain in the real ethos of web3.

Members:

ZER8: https://x.com/zer8_future

Roman: https://x.com/ijeblowrider

Anna: https://x.com/AnnAnna9627

Robi

Julian

Join our Gardens: https://gardens-v2-git-beta-1hive.vercel.app/gardens/42161/0x912ce59144191c1204e64559fe8253a0e49e6548/0x110f4a8153c04eace288e712eb4b975b46376b8c

Support us if you bee-lieve! 🐝
Convex Funding(ex-Gitcoin🤖 reviewers)