{"title": "💰 ReFi Local Node Kickstarter Pool", "description": "Providing initial funding for new ReFi Local Nodes to kickstart activities that bring regenerative finance (ReFi) principles to local communities. This might include organizing events, workshops, meetups, or other local touchpoints that deepen understanding and engagement with ReFi solutions.\n\n### 🌱 Goals\n\n- **Empower new Local Nodes** by providing seed capital for their first regenerative finance initiatives.\n- **Foster community growth** in diverse regions, ensuring local groups can organize, educate, and experiment with ReFi solutions.\n- **Accelerate real-world impact** by supporting events, pilots, and projects that align with ReFi DAO’s mission and values.\n\n### ✅ Eligibility Requirements\n\n- **Early-Stage Focus:** Proposals must be created by (or on behalf of) a newly formed or recently launched ReFi Local Node.\n- **Clear Activity Plan:** Each request should specify which activities or events the funds will support (e.g., hosting events, workshops, or community building).\n- **Regenerative Alignment:** Efforts must align with [**ReFi DAO’s Covenant**](https://www.notion.so/ReFi-DAO-Community-Covenant-v1-0-199bf304370a80babdb1cc3e0a6670ce?pvs=21) and mission of advancing ecological, social, and economic well-being through ReFi principles.\n- **Maximum Funding Request:** Up to **500 USDGLO** (16.7% of the pool) per proposal.\n- **Disputes:** Proposals that fail to demonstrate an authentic ReFi or community-building component may be disputed and rejected by the Tribunal.\n\n### ✋ How it Works / How to Participate\n\n1. **Become a ReFi DAO Member**\n    - If you’re not already a member, sign the [**ReFi DAO Community Covenant**](https://www.notion.so/ReFi-DAO-Community-Covenant-v1-0-199bf304370a80babdb1cc3e0a6670ce?pvs=21) and hold any ReFi DAO Points to be recognized on the allowlist.\n2. **Access the Pool**\n    - Go to the **ReFi Local Node Kickstarter Pool** on Gardens. You will need to register/stake a minimal amount of USDGLO (fixed voting) to activate your voting rights.\n3. **Support or Create Proposals**\n    - Browse existing proposals and allocate your conviction to those you think deserve funding, or create your own if you have an eligible Local Node initiative.\n4. **Watch Your Conviction Grow**\n    - The longer you support a proposal, the stronger your voting power becomes—growing 50% every 7 days.\n\n### 🧪 Pool Parameters Explained\n\n- **Pool Type**: *Funding* – proposals that meet the required conviction will be granted funds from the pool.\n- **Token for Voting**: *USDGLO* – fixed weight voting (one person, one vote), as a temporary solution.\n- **Spending Limit**: *16.7% (~500 USDGLO)* – max amount that can be requested in a single proposal.\n- **Minimum Conviction**: *20%* – the percentage of total voting power required for the smallest proposal to pass. Larger proposals need proportionally more support.\n- **Conviction Growth**: *7 days* – your support for a proposal strengthens over time (50% per 7 days).\n- **Collateral to Create/Dispute Proposal**: *67 CELO* – prevents spam proposals/disputes.\n- **Ruling Time**: *7 days* – the Tribunal Safe (with ReFi DAO Core Stewards as signers) has 7 days to rule if a proposal is formally disputed.\n- **Default Abstain Resolution**: *Rejected* – if the Tribunal does not explicitly approve the disputed proposal, it is automatically rejected.\n- **Initial Pool Funding**: *3k USDGLO total* (1.5k from ReFi DAO treasury + 1.5k requested matching from the Gitcoin Gardens GG23 round).\n\n### 🔗 Relevant Links\n\n- [**ReFi DAO Community Covenant v1.0**](https://www.notion.so/ReFi-DAO-Community-Covenant-v1-0-199bf304370a80babdb1cc3e0a6670ce?pvs=21)\n- [Detailed Intro to Conviction Voting](https://blog.giveth.io/conviction-voting-a-novel-continuous-decision-making-alternative-to-governance-aa746cfb9475)\n- [Introduction to Gardens V2 and Documentation](https://docs.gardens.fund/)"}