Octant

Octant is a decentralized public goods funding platform that enables Web3 projects to receive community-driven funding through a unique mechanism where GLM token holders lock their tokens to earn ETH rewards. Projects in the Web3 ecosystem can apply to be listed on Octant, where they become eligible to receive funding allocations from users who choose to donate their ETH rewards. The platform operates on 90-day epochs, creating regular funding opportunities for projects building public goods.

Funding on Octant is determined by community allocation rather than a traditional grant committee. Users who lock GLM tokens earn ETH rewards and can then allocate those rewards to projects they want to support. This creates a democratic funding mechanism where projects that resonate most with the community receive more funding. The platform focuses on Web3 public goods, infrastructure, and ecosystem projects that benefit the broader blockchain community.

Projects interested in receiving funding through Octant should apply to be listed on the platform before each 90-day epoch begins. Once listed, projects can receive allocations from users throughout the epoch. The application process requires demonstrating that your project contributes to Web3 public goods. With the platform operating on ongoing 90-day cycles, teams should monitor for upcoming epoch announcements and submit their applications to be included in the next funding round.