Gnomish is a degenerate public goods non-quadratic funding on Base, a layer 2 scaling solution for the Ethereum blockchain. Our project is utilizing the ever-present power of memes for the benefit of the ecosystem, enabling:

• Meaningful allocation of often meaningless tokens.
• Distribution via provably verifiable, private random functions.
• Endless memes, and...
• Risk of rug! (<1%) ⚠️👀 By leveraging the degen culture, Gnomish strives to create a new narrative arc – Dump your Memecoins to Pump the public goods… Expect the Unexpected!

How does it work?

When a user visits the platform, they are presented with a set of projects that has been selected to participate in the current funding round. Immediately after, the user is offered to select a memecoin of their choice and proceed to transfer the funds to the specific RoundPool.

Every round is finalized after a 2-week open funding cycle, leading to an Event of Randomness – the crown jewel of the platform.

When memes hit the fan users will be able to observe a dashboard update that will uncover the following:

• Which #project will receive 100% of which #token. a) Some projects might receive multiple tokens supplied. b) Some projects may not receive any.
• What will be the distribution strategy? a) Some projects might receive all the funds immediately. b) Some projects may receive the funds with a random cliff, and or random vesting. Why?... You ask!?... Why not, we answer!? Once a degen, always a degen. Thanks to Gnomish we can now feel the thrill of randomness and potential rug pull all while funding public goods on Ethereum!

Bounties

ETHBucharest - Open Track

Buidl Guidl - Buidl cool, helpful projects using Scaffold-ETH2.

• We utilized Scaffold-ETH2 to establish the framework, and structure of the project.

Base - Challenge 2 (Public Goods Funding Platform)

• As a layer 2 solution we deployed our smart contracts on Base Network, and utilized its endless memetic potential.

Secret Network - Build a dApp on any EVM chain that utilizes Secret Network

• We "abused" the VRF contract on Secret Network for confidential randomness computing. We pick random winners, random streams of funds distribution, as well as random chance of the RoundPool balance rug.

Sablier - Develop an innovative solution that builds on top of the Sablier products - or enhances their overall UX.

• We used 3 different streams (exponential, linear, and dynamic segmentation) for funds distribution to individual public goods projects.