Coordinape

Coordinape is a scalable & permissionless platform for decentralized operations built by Yearn for the demanding needs of our community & emerging DeFi projects.

Coordinape allows decentralized teams and DAO’s without top down management or HR to autonomously allocate and reward contributors with funds, all done via sybil resistant social graphs. The project is currently still closed source, however the team are actively looking to engage with other DAO’s and organizations.

What is Coordinape, simply put anyone wishing to contribute to yearn (or their own DAO) can register (currently using github details), every epoch (for yearn 1 month), you can select the team members you have been working and interacting with, like yearn contributors.

Now each member has a set amount of allocation points, and can allocate points to the contributors they have worked with based on what they think of their contributions.

Now simply, during the epoch, yearn earns Y amount in fees / contributions / rewards / etc, this accrues to the Coordinate contributor contract, at the end of the epoch contributors can claim their grant based on their contributions in the epoch.