What is Project Catalyst on Cardano?

Project Catalyst is Cardano’s innovation fund.

It enables the community to vote on Cardano projects to fund. This unique program gives every ADA holder the ability to help steer the Cardano ecosystem.

Here’s a simple breakdown:

🔹Funding: Catalyst is funded by the Cardano treasury.

🔹Roles: There are 4 roles in Catalyst: proposer, voter, community reviewers that rate proposals, and milestone reviewers that check the progress of projects.

🔹Voting: Any user holding more than 25 ADA can vote. Voting power is proportional to your ADA holdings. You can vote as many times as you want.

🔹Rewards: If you register and participate in a Catalyst funding round you are eligible to receive rewards. Rewards are paid out automatically after the round has finished.

🔹Transparency: Voting happens on the blockchain and auditable.

Catalyst Fund 13 is just around the corner. Let’s get involved and vote for promising projects.