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Outcome finance protocol

Outcome Finance Protocol

Decentralized Finance Crypto Derivatives

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Outcome Finance Protocol Overview

What is Outcome Finance Protocol?: Outcome Finance offers innovative tools for DAO fundraising and goal setting, including the creation of KPI Option tokens backed by collateral and vested to contributors upon completion of objectives. It has received glowing testimonials from reputable DAOs like BadgerDAO and offers creative solutions for incentivization.
Blockchains: Ethereum, Polygon

Find More on Outcome Finance Protocol's Website

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Frequently asked questions

How does KPI Options work?

KPI Options work by aligning a DAO (Decentralized Autonomous Organization) community around a specific goal. The process involves three steps: setting a goal, creating tokens, and launching the campaign.

First, the DAO defines a Key Performance Indicator (KPI) that it wants to achieve. This KPI is then coded into an ERC20 token called a KPI option. The payout amount of the token depends on the community's success in reaching the target.

Next, the DAO mints KPI Options by collateralizing them with its own tokens. Any excess collateral can be returned to the DAO treasury after the KPI Option matures. The KPI option token is issued and will expire at a specific time, typically at the end of the campaign period.

Finally, the DAO distributes these KPI Options to its community members and other individuals it wants to involve in achieving the goal. The DAO can organize campaigns and social events to encourage community engagement and emphasize that the payout is based on achieving the set goals.

Overall, KPI Options provide a mechanism for DAOs to incentivize and align their community members towards a common objective, with the payout being determined by the success in reaching the defined KPI.

What happens if the target is not achieved?

If the target is not achieved, the KPI option token will expire at the end of the year and will not have any value.

How can I distribute the tokens to community members?

To distribute the tokens to community members, you can follow these steps:

Set a goal: Define the Key Performance Indicator (KPI) that you want your community to achieve. This goal will be coded into an ERC20 token called a KPI option.
Create tokens: Mint the KPI options by collateralizing them with your DAO's token. Any excess collateral can be returned to the DAO treasury after the KPI option has matured.
Launch: Distribute the KPI options to community members and other individuals you want to join your community. You can organize campaigns and social events to encourage community engagement and emphasize that the payout is based on achieving the set goals.

By aligning your DAO community around a common goal and providing frameworks and coordination events, you can maintain engagement and motivate community members to work towards the target.

What happens to the excess collateral after the KPI Option has matured?

After the KPI Option has matured, any excess collateral that was used to collateralize the tokens can be returned to the DAO treasury.

How can I get expert support from KPI Options?

To get expert support from KPI Options, you can reach out to them for assistance with defining Key Performance Indicators (KPIs) or for ideas on distribution. They are available to help you succeed in aligning your DAO community around a common goal.