{"title": "DeSci Asia community funding pool", "description": "### **Overview**\n\nTo launch DeSci Asia’s on-chain governance, we propose establishing a dedicated **fund pool on the Garden platform**, seeded with **500 USDC** from our Arbitrum multi-signature treasury. This pool will use **ARB tokens** as the governance asset and leverage Garden’s advanced voting mechanisms to empower working group members to submit and vote on funding proposals aligned with DeSci Asia’s mission.\n\nIn this initial phase, access will be limited to **DeSci Asia working group members**, ensuring governance experimentation and funding distribution remain community-aligned.\n\nhttps://app.gardens.fund/gardens/42161/0x912ce59144191c1204e64559fe8253a0e49e6548/0xdd65d3eac26d91f1040fe3beca11863cd354788e\n\n### **Objectives**\n\n1. **Inject Initial Liquidity**\n    \n    Deposit **500 USDC** into the Garden platform from DeSci Asia’s Arbitrum multi-signature wallet to bootstrap governance and fund pool activity.\n    \n    - Multi-sig wallet: [Safe link](https://app.safe.global/balances?safe=arb1:0xfB29FFc490fddB7f10D4f0EDBAaBf9b03B011986)\n2. **Foster On-Chain Governance Participation**\n    \n    Enable community-driven decision-making through Garden’s tools, including:\n    \n    - **Quadratic Voting**\n    - **One-Wallet-One-Vote**\n    - **One-Token-One-Vote**\n    - **Conviction Voting**\n3. **Fund DeSci Asia Initiatives**\n    \n    Allocate funds to proposals that directly support the growth of DeSci Asia, such as article translations, monthly meetings, knowledge-sharing platforms, and more\n\n### **Fund Pool Configuration**\n\n- **Token Used**: ARB\n    - [Token contract](https://arbiscan.io/token/0x912CE59144191C1204E64559FE8253a0e49E6548)\n- **Initial Pool Size**: 500 USDC\n- **Platform**: [Garden](https://app.gardens.fund/)\n    - [Pool link](https://app.gardens.fund/gardens/42161/0x912ce59144191c1204e64559fe8253a0e49e6548/0xdd65d3eac26d91f1040fe3beca11863cd354788e)\n\n**Initial Access**:\n\n- Restricted to DeSci Asia’s working group to ensure a focused governance trial before broader community rollout.\n\n**Funding Source**:\n\n- DeSci Asia Arbitrum multi-signature wallet, subject to community consensus.\n\n### **Operational Framework**\n\n1. **Pool Creation**\n    - DeSci Asia deploys a fund pool on Garden, funded with 500 USDC.\n    - Pool uses **ARB** for governance voting.\n    - Governance mechanics include:\n        - **Quadratic voting** to balance influence.\n        - **One-wallet-one-vote** and **one-token-one-vote** to support varied governance scenarios.\n        - **Conviction voting** to reward consistent support.\n        - Proposal collateral:\n            - **Create**: 0.002 ETH (refunded unless rejected by tribunal).\n            - **Dispute**: 0.001 ETH.\n        - **Ruling Time**: 5 days\n        - **Tribunal**: DeSci Asia multisig\n        - **Default Resolution**: Approved\n    - **Pool Parameters**:\n        - **Max Spend per Proposal**: 25%\n        - **Minimum Conviction**: 10%\n        - **Conviction Growth Time**: 5 days\n        - **Minimum Threshold Point**: 100 ARB\n\n2. **Proposal Process**\n    - Eligible members may submit proposals for funding (e.g., community events, research coordination, contributor bounties).\n    - Voting proceeds via Garden’s mechanisms, ensuring fairness and accountability.\n3. **Fund Distribution**\n    - Upon approval, funds are automatically transferred to the wallet specified in the proposal via Garden smart contracts.\n4. **Transparency & Oversight**\n    - All activity is recorded on-chain and viewable on Arbitrum.\n    - Governance updates and fund usage are reviewed monthly.\n\n### **Alignment with DeSci Asia Covenant**\n\nThis initiative fully aligns with the **DeSci Asia Covenant**:\n\n> Building bridges, sharing knowledge, and fostering growth for DeSci communities in Asia.\n> \n\n---\n\n### **Eligibility and Scope**\n\n- **Eligible Participants**: DeSci Asia working group members (Phase 1).\n- **Eligible Proposals**: Projects that directly benefit the DeSci Asia ecosystem.\n- **Future Expansion**: Following a successful trial, participation may open to the wider DeSci Asia community via on-chain governance.\n\n---\n\n### **Anticipated Benefits**\n\n1. **Greater Engagement**\n    \n    Community members are incentivized to propose and vote, strengthening collective governance.\n    \n2. **Accelerated Ecosystem Growth**\n    \n    By funding community-aligned initiatives, DeSci Asia can scale knowledge sharing, events, and infrastructure development.\n\n"}