Cosmos Hub Grant deployed by Atom Accelerator DAO (AADAO) to Calc Finance for Calc Finance: Automated, Streamed Payments for AEZ DAOs
Amount Approved: $90,733
Status: Discontinued

Calc Finance: Automated, Streamed Payments for AEZ DAOs

The Cosmos ecosystem requires a seamless and efficient tool for decentralized grant payments and payment streaming. To address this need, AADAO has awarded a $90,733 grant to Calc Finance, known for serving treasuries and DAOs, to build an enhanced solution tailored to the interchain’s needs.

This tool would enable Community Pools from across the interchain to vest and stream payments to DAOs and contributors, allowing payouts of ATOM or other assets from the pool or treasuries in USD terms, and support split funding types in proposals.

Ultimately, by addressing such a critical need by building an Atom Economic Zone-specific tool on an impactful a Consumer Chain of the Hub, the grant aims to drive further onchain activity for the Hub. Additionally, Calc Finance has committed to a 25% revenue share with the Cosmos Hub Community Pool on all revenue.

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Calc Finance, a powerful decentralized suite of tools that give you access to a range of recurring swap strategies.

Current Status: Discontinued
Funding Program: Regular Grants
Funding Category: Infra & Tooling

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $90,733
Amount Approved: $90,733 (100%)
Amount Paid: $22,683 (25%)

Date Applied: Aug 29, 2023
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Nov 02, 2023 (9 weeks)

Payments Made: View the DAO DAO prop on our Grants Wallet or Mintscan of the transaction $22,683 (Nov'23)

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