We stake 100k $ETH and share rewards with the $GLM community through the @OctantApp.
Joined March 2021
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Pinned Tweet
Feb 18
Ready for @OctantApp v2?
Check the launch guide and migrate your $GLM in a few steps 👇
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Epoch 12 goes live today at 12:30 PM ET.
The first @OctantApp v2 allocation window brings Proper QF, ZK voting proofs, direct ETH contributions, and a 200 ETH matching pool funded by yield from our 100,000 ETH solo-staking position.
$GLM lockers can allocate accumulated WETH rewards. For the first time, non-lockers can contribute ETH directly from their wallets.
25 projects. Window closes June 30 at 11:30 PM ET.
11h
We're excited to share Epoch 12: Octant is for everyone.
Allocation window opens at 12:30 pm ET today (16 June) and will close at 11:30 pm ET on 30 June. You can allocate on: octant.app
This epoch marks a few big changes.
This is our first epoch introducing ProperQF.
This is our first epoch with zkproofs in voting.
This is our first epoch open to ETH contributions.
This is our first epoch on v2.
So, let's get into it.
Epoch 12 is our 13th funding round. We’ve got 200 ETH in our matching pool this time.
As a GLM locker, you can allocate your WETH rewards to yourself and/or to projects that are part of this epoch. The matching pool will be quadratically split based on your allocations.
For ETH contributions: 50% of the contribution will be converted to $GLM and burnt, and the remaining 50% will be allocated to your project selection. Part of this is to discourage sybil, and the other part is because our funding comes from @golemfoundation's treasury yield and GLM is core to the mechanism. We will be noting addresses who attempt to sybil and penalize them by removal in upcoming epochs.
We've done a few deep dives on properQF and built a simulator you can use to model the final allocations: qf.octant.app
Now for the fun part. We've got an incredible group of projects joining us in Epoch 12:
@AestusRelay
@BluefilterC
@crypto_altruism
@dappnode
@eas_eth
@ECHInstitute
@etheconomiczone
@ethStaker
@EthereumRemix
@FundingCommons
@GiliEcoTrust
@greenpilldevs
@growthepie_eth
@hypercerts
@l2beat
@OSObserver
@ProtocolGuild
@RevokeCash
@rotkiapp
@SEAL_911
@shefiorg
@ShutterNetwork
@solidity_lang @argotorg
@torproject
@zachxbt
Allocation dates: 16 June - 30 June (11:30 PM EST).
Every allocation makes a difference. Make yours count. Allocate now: octant.app
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Jun 13
Another proof point for treasury-yield funding.
@ShutterNetwork DAO’s @OctantApp v2 vault has already generated $10,000 in yield.
That is capital remaining productive while its yield funds the work the community chooses, without requiring another fundraising cycle.
This is what Octant v2 was built for.
Shutter DAO 0x36 has already earned $10,000 in yield from its Octant v2 defi vault.
Shutter Champions: Melee 2 is now fully funded!
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Golem Foundation retweeted
Jun 11
We're proud to join the new Encrypt the Mempool Coalition!
Mempools should be encrypted in Ethereum, to stop toxic MEV & real-time censorship in a decentralized & credibly neutral way.
encryptedmempool.org/
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Jun 10
Public-goods funding should not depend on trusting an administrator's spreadsheet.
For Epoch 12, @OctantApp is introducing its Zero-Knowledge Vote Coprocessor.
Ballots are published as Ethereum blobs. Proper QF is computed offchain. The result is accepted only when its proof is verified onchain.
A step toward Ethereum coordination that holds onto the properties that make Ethereum worth using in the first place.
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Ethereum treasuries funding the ecosystem from staking yield is not a thing of the future.
It's the model we've been running since 2023 through @OctantApp: stake 100K $ETH, preserve principal, route yield, let the community help decide what gets funded.
To date, the Octant community has distributed 4,647 ETH in staking yield, of which 2,866 ETH has been directed to 126 digital public goods projects.
With v2, we're opening the protocol to other treasuries and yield sources.
We've already been joined by @Gitcoin and @ShutterNetwork DAO, who deployed part of their capital into Octant vaults to accrue yield for funding rounds on v2.
Who's next?
Jun 2
Tom Lee: Ethereum DATs can use ~$500 million in annual staking rewards to fund grants for Ethereum ecosystem
“The Ethereum Treasuries — Bitmine and Sharplink among others — now own 7% of the Ethereum supply… Treasury stock is essentially supply permanently taken out from the ecosystem, but we also own the yield. The yield is around 3% so today these public treasuries are generating ~$500 million in rewards, and that is what we can use to fund and grant the crypto ecosystem.”
Lee believes that the Ethereum Foundation narrowing its focus to CROPs (censorship resistance, openness, privacy and security) is the right decision.
“Ethereum is a $240 billion network value entity. It has been operating for 11 years without a single day of downtime. There’s 11,500 nodes in 89 different countries. And there’s 15,000 developers. I think this is too big to be coordinated by a single foundation.”
As Ethereum continues to scale, he believes the ecosystem will move beyond a foundation-centric model and points to private companies like Etherealize, Optimism, Consensys, Enterprise Ethereum Alliance, and Offchain Labs that represent the Ethereum ecosystem and are already doing enterprise engagement.
“This list doesn’t yet reflect the spinoffs coming from the Ethereum Foundation. There’s at least five, and I think Bitmine will play a role in granting and supporting any of those that come out.”
“I think Ethereum is in good hands because the foundation is going to be stronger by staying focused. We have a lot of private sector companies already building products and important L2s on Ethereum. And of course, the treasuries are here to help with funding and granting… If you’re bearish, you are selling at the bottom.”
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Over 150M $GLM is now locked in @OctantApp v2.
That is capital committed by holders who chose continuous $WETH accrual over keeping their tokens liquid.
In Octant v1, GLM lockers distributed more than 4,648 ETH in rewards across 11 funding epochs.
v2 extends that mechanism beyond epoch boundaries: lock once, and WETH rewards accrue continuously.
Rewards can be claimed directly or contributed as donations during funding rounds.
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Golem Foundation retweeted
May 28
Looking forward to speaking at the first edition of @ETHConf in NYC this June. Come say hi if you're around!
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Golem Foundation retweeted
May 27
We’re tackling how funding gets sourced, allocated, distributed, and evaluated at Octant.
Over 4647 ETH allocated from DeFi yield since 2023 to projects and users, we definitely have the data to back it up too.
If you’re at @ethconf, come say hi. We’ll be in NY all week round.
A new model for funding public goods on Ethereum. Lock tokens, earn rewards, allocate to the projects that matter. Now live on v2 with DeFi integration and continuous allocations.
Welcome @OctantApp as a Gold Sponsor of ETHConf 2026. 🗽
June 8–10, NYC | Javits Center
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May 27
Sustainable public-goods funding is not only about where the capital comes from. How community support is translated into allocations matters just as much.
For the upcoming Epoch 12 allocation window, @OctantApp is shipping Proper QF: a trustless, onchain implementation of capital-constrained quadratic funding, faithful to @VitalikButerin, @zhitzig and @glenweyl original proposal.
Common QF implementations can unintentionally over-reward concentrated giving from a few large donors. Proper QF is designed to preserve the signal that matters: broad community support.
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Golem Foundation retweeted
May 25
We’re hosting a live tomorrow to chat about everything coming up in the Octant ecosystem.
On the lineup we got:
- @LoringHarkness from @ShutterNetwork chatting about Melee 2
- @GravenPrest chatting about proper quadratic funding and what it means for the upcoming epoch
and @nicnode and @arlery chatting about everything else coming up in Epoch 12.
If you’re an Octant user or grantee, this is a stream you won’t want to miss.
📌 at 15:00 UTC / 11 am ET here on X.
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May 25
The $GLM community has funded internet freedom before: through @OctantApp v1, it directed 138 ETH to @torproject.
Now GLM can be donated directly to projects in the Tor-curated #FundInternetFreedom round.
Each donation is matched through quadratic funding, with @OctantApp among the backers of the matching pool.
Round closes June 19: internetfreedom.torproject.o…
May 19
Tor is strongest when the broader internet freedom ecosystem is healthy. In partnership with @FundingCommons we are excited to launch a web3-native crowdfunding initiative benefitting 10 internet freedom projects at internetfreedom.torproject.o….
Thank you to or generous matchfunders @cakewallet, @ZcashCommGrants, @Logos_network, and @OctantApp
blog.torproject.org/fund-int…
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Golem Foundation retweeted
May 22
Dankrad is describing something we spent over a year trying to build at @OctantApp
Octant v2 was designed around a simple premise: ecosystem treasuries should be structurally funding what they depend on. Not grants programs with quarterly applications. Not one-off donations. Continuous yield flowing from staked treasury ETH into the infrastructure the ecosystem runs on.. with transparency and accountability built in. We built the vault architecture and had baseline ideas around governance...We went to every major ecosystem and pitched it...
Every single one said no.
The reasons varied but the pattern was consistent, nobody wanted to be first, nobody wanted to commit treasury capital to a model that didn't already have momentum, and public goods funding was always someone else's problem.
Time goes on, the problem didn't go away and imo it got worse. Now the ecosystem is having the same conversation we were trying to have two years ago.
Solving this is still possible. The pieces exist. What's missing is the willingness from ecosystems that extract enormous value from Ethereum's security to collectively fund it. We have ideas we're actively moving forward with. My DMs are open to anyone: protocols, DAOs, treasuries... anyone who wants to be part of solving this rather than just talking about it.
May 21
The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it.
The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it.
If we want to get Ethereum back to winning:
- create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap
- find a leader who is competent and wants to fight
- make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it
- fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability).
Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).
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May 21
.@torproject & @FundingCommons' funding round is live, with matching pool backed by @cakewallet, @ZcashCommGrants, @Logos_network, and @OctantApp.
Quadratic funding is the mechanic doing the work here: small donations from many distinct supporters move further than a few large ones from a narrow base.
That is why QF has been central to Octant: it helps public goods find support from the long tail, not only the largest wallets.
Ten projects to choose from. Donations accepted in crypto including $GLM.
internetfreedom.torproject.o…
The Internet Freedom Project is live! 🧅
It's been an honor to build this with @torproject and our friends at @cakewallet, @ZcashCommGrants, @Logos_network, and @OctantApp.
Stand with the people building the privacy infrastructure of the open internet. 👇
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Golem Foundation retweeted
May 20
Just migrated my $GLM to v2. My contribution history earned me Deity status. 🛡️
If you have $GLM, join the movement and see where you rank at: octant.app
cards.v2.octant.app/0xfF6d6a…
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May 20
Lock $GLM once in @OctantApp.
$WETH rewards accrue continuously.
During allocation windows, you decide what to keep and what to direct toward public goods.
Donations are matched quadratically.
Rewards for lockers. Funding for what matters.
May 20
Locking $GLM gets you ethereum:0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 rewards on Octant.
If you allocate this to public goods/impactful project in our upcoming epoch, we'll match it (quadratically).
2870 ETH allocated to users and projects. All sustainably funded.
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May 19
Privacy is a human right. But the tools that protect it do not fund themselves.
The $GLM community directed 138 ETH to @torproject through @OctantApp v1.
Today, Tor and @FundingCommons launch a web3-native round for 10 internet freedom projects, with Octant among the four matchfunders.
Donations are accepted in crypto, including GLM, with quadratic matching applied.
internetfreedom.torproject.o…
May 19
Tor is strongest when the broader internet freedom ecosystem is healthy. In partnership with @FundingCommons we are excited to launch a web3-native crowdfunding initiative benefitting 10 internet freedom projects at internetfreedom.torproject.o….
Thank you to or generous matchfunders @cakewallet, @ZcashCommGrants, @Logos_network, and @OctantApp
blog.torproject.org/fund-int…
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Golem Foundation retweeted
May 19
The big news is out. We’re contributing to this incredible funding round, to protect internet freedom.
You can donate in $GLM and/or ETH to the round as well.
May 19
Tor is strongest when the broader internet freedom ecosystem is healthy. In partnership with @FundingCommons we are excited to launch a web3-native crowdfunding initiative benefitting 10 internet freedom projects at internetfreedom.torproject.o….
Thank you to or generous matchfunders @cakewallet, @ZcashCommGrants, @Logos_network, and @OctantApp
blog.torproject.org/fund-int…
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May 19
Tor is a public good in the clearest sense: infrastructure people rely on whether or not they ever think about who funds it.
Today, @torproject is launching something new for people who want small contributions to go further.
Worth watching for $GLM holders.
#FundInternetFreedom
May 18
Tomorrow, we’re launching something new: a way to make small contributions go further than they normally would.
This only works if people show up. May 19.
#FundInternetFreedom
@SecureDrop @guardianproject @BPFreeSpeech @OpenObservatory @open_archive @unredacted_org
@Logos_network @web3privacy
ALT A collage of people protesting and holding up a "#save the internet sign" with a strip of BTC, ETH, ZEC, XMR, GLM logos above it on a dark background. Additional copy reading: "What if $1 could go as far as $100?"
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Golem Foundation retweeted
May 13
GRANT OPPORTUNITY: We have 1 slot open in our upcoming epoch.
Since 2023, we've given over 2870 ETH in funds in our epochs thanks to @GolemFoundation's staked ETH. This is a BIG opportunity to receive a no-strings attached grant.
You should apply if you are:
- growth stage
- have early or promising traction
- will benefit from funding
- have a stellar track record and results to show for it
- have a solid team
If you're an impactful project building on @ethereum or categorize yourself as a Digital Public Good (DPG) as defined by @DPGAlliance please consider applying. Link to what qualifies as DPG in the reply to this tweet.
Deadline: 18 May @ 3 pm ET.
octant.fillout.com/epoch-12-…
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Golem Foundation retweeted
May 13
Join us tomorrow at 1 pm EDT to hear all about how @gitcoin is using our vaults, yield-funded GG rounds, and the future of public goods funding.
With @vpabundance @owocki and @arlery
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