With Butter, the Uniswap Foundation is piloting futarchy for Unichain builders. Three Unichain lending protocols will receive up to $400K in grants through Conditional Funding Markets.
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Before funding decisions are made, a clear success metric is chosen. In this pilot, forecasters will predict how much TVL a given lending protocol will generate on Unichain over a 3-month period if it receives a grant.
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Forecasters predict how successful each proposal will be if funded vs. if not funded. These markets reveal the collective belief about which teams will deliver the most impact.
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The team whose funding condition is predicted to produce the best results receives the grant. It's grant allocation driven by data, not opinions.
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Transparent, efficient funding for high impact teams. CFMs reward builders that show they can impact the ecosystem.
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CFMs let forecasters back the teams they believe in, and get rewarded for their good judgement.
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CFMs help Governance fund what works: based on transparent, outcome-based signals.