Quadrivo

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Problem Statement

Credit delegation is limiting in the sense that it doesn't allow you to customise it. We leverage the EIP-4626 vault to enable agreement based credit delegation that can be extended using our sdk. Proof of work in the form of a cross chain quadratic voting platform which utilises our sdk for the above mentioned functionality.

Solution

The project uses CCIP for cross-chain communication, AAVE and GHO for native payments and credit delegation, and Connect-Kit for smooth onboarding experience.The SDK we are building will provide the ability to extent the credit delegation feature by define custom agreements for resource allocation. GHO will be the native currency for the vault.The platform uses connect-kit for onboarding new users. Users can fund or create new projects. They can even create custom agreements for allotting funds based on given criteria.Sponsor WorkflowSponsors deposit ERC20 tokens into the vault.Defines the agreement criteria for the deposited tokens.Permits and delegates the vault to spend tokens on their behalf.Project WorkflowProject owners register their project on Quadrivo.Quadrivo verifies the project agreements across all chains.Quadrivo calculates the total matching pool for the project.Users contribute tokens to fund projects.Contributions are matched with quadratic GHO amounts from the vault.User WorkflowUsers contribute tokens to fund projects.Contributions are matched with quadratic GHO amounts from the vault.Users receive project tokens in return for their contributions.Users can redeem their project tokens for the underlying ERC20 tokens.