What is a bounty? A bounty is a well-defined task that improves the protocol and can be completed by anyone for compensation.

Bounty Lifecycle (20).png

How are bounties made?

  1. User has an idea
  2. Community refines ideas
  3. Team creates bounties from pool of ideas
  4. Contributor applies to complete bounty
  5. Team approves contributor application
  6. Contributor completes bounty
  7. Team pays out contributor

A bounty has a life of it’s own.

Going through multiple stages: ideation, refinement and execution.

Step 1: User has an idea

Bounty Lifecycle (21).png

Step 2: Community refines ideas

Bounty Lifecycle (6).png

Step 3: Team creates bounties from pool of ideas