THE RYUUKI NETWORK
STAKE WITH CARDANO COMMUNITY BUILDERS
A community initiative to pilot the Proof-of-Soul consensus mechanism. Collaborating with a Network of pools that are connected to projects with a soul. Having a soul means they tend to give more than they take from their environment. Specifically soulful projects find sustainable solutions, work with regenerative design and or Game B mechanics to innovate and explore the future of Finance, Economy & Global Society
CARDANO COMMUNITY BUILDER
An open alliance of community driven self sovereign Cardano Stake Pools. Building on shared values & prosperity through collaborative innovation. 13 Projects, 13 Stake Pools, One common goal: to empower and support the Catalyst community and its individual members in a sustainable and organic manner.
All 13 projects are Catalyst veterans having experienced at least three funds and most successfully funded not only one proposal. All 13 projects have been contributing to the Catalyst community by creating open source code, documentation or offering pro bono work. Trust outside a trustless ledger has been established also via real life in person meetings. Each project can account for the soulfulness of the other. The Ryuuki network and its pools are mission driven and additionally contribute to a shared treasury.
A SOCIO FINANCIAL FUNDING MECHANISM
In the beginning of November 2021, we started to communicate about the Ryuuki project and helped each other to set up a Stake Pool for each of the projects represented in this alliance. The Ryuuki Community Treasury is defined as a network of independent and autonomous communities and their Stake Pools.
A fraction of all pool rewards every third epoch is vaulted into the treasury, it is comprised of one representative from each project. The treasury's main objective is to keep Ryuuki vital and prosperous, while continuing to support the Catalyst community by finding & fostering sustainable community driven projects that create positive feedback loops - that comply with the Proof-of-Soul consensus.
The function of our funding mechanism is based on a simple, but effective vision:
Each Project operates their own Stake Pool, but defines itself as a part of the network.
Each Project will delegate regularly a certain % of their Stake Pool rewards to a common Treasury.
The Treasury is designed as a socio financial funding and support mechanism to reward community engagement there, where project Catalyst or the entities lack to reward crucial and important contributions
The Catalyst Community needs a fast & community driven mechanism to reward & fund engagements & activities besides submitting proposals.
Create a Socio-Financial Community Treasury defined as holocratic, united network of coordinated project based Stake Pools & Treasuries
An Assembly of well established Catalyst Community Projects, SPOs, Catalyst Circle Members, Funded Proposers, Community Advisors and Mentors
Achieving more decentralization requires more tools for self-governance for different communities in the ecosystem.
The formation of a Pool Network will favor the self-governance of the communities and will encourage the decentralization of the ecosystem
SPOs, Funded Propose, Poject leader and Funder, Community Advisors and Proposal Mentors, Cardano Ambassadors and Catalyst Cirlce Mmebers