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Funding Cycle Explanation

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tjhunt1 edited this page Jul 25, 2022 · 11 revisions

There are two periods associated with the CPS funding process, the Application Period and the Voting Period. These periods will be on an approximately 15 day (648,000 blocks) rotation.

cps funding cycle drawio

Application Period

please see Applicant Flow for a more detailed explanation on the application process

  • Grant applications and progress reports are accepted
  • Validators register to participate in CPS governance

Voting Period

please see Voter Flow for a more detailed explanation on the voting process

  • Registered Validators vote on submitted proposals and progress reports

Example

Below is what the funding cycle would look like for a successful, 3-month duration grant proposal through the CPS:

cps funding cycle example

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