How to Vote and Sponsor?
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- Open https://hackerlink.io/en/, if you’re new to Hackerlink, please sign in first https://hackerlink.io/en/Login
2. Click “Grant” on the top-bar, then click “HECO Grant” on the page. Make sure you’re seeing the HECO Grant Round 1 page. Or you can try clicking https://hackerlink.io/en/Grant?type=HECO
Then click “Grant BUIDLs” to view project details and learn what they are doing.
3. Select projects you decide to vote for (and donate to) and click on Vote. Every vote cost HTs. Choose wallet (currently MetaMask and WalletConnect wallets are supported).
If you use MetaMask, please configure the network to HECO Mainnet.
How to Switch to HECOMainnet on MetaMask?
Add Custom RPC in MetaMask
Network name: HT- Mainnet
RPC URL: https://http-mainnet.hecochain.com
Chain ID: 128
Symbol: HT
Block Explorer: https://scan.hecochain.com
4. Select the number of votes and vote by HT.
The first vote of each voter for every project in this round costs 0.1 HT. According to Quadratic Voting algorithm, the Nth vote requires 0.1*N HT. More details about voting please refer to “Quadratic Payments”.
5. Confirm in the wallet to submit votes.
6. You can look at real-time voting and fund matching results on the leaderboard of Grant Details page.
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What is Quadratic Funding? How does it work?
Quadratic Funding Grant is inspired by Vitalik Buterin and GitCoin’s early practice on the Quadratic Funding Mechanism to fund public goods in the Ethereum ecosystem.
The funding mechanism includes two grant pools:
A. Direct donations from community contributors
B. A matching prize pool from sponsors
With a quadratic funding algorithm, the cost of each vote to a single project from a single contributor will increase, this encourages community contributors to donate to more projects.
To know more about quadratic voting, check the article Quadratic Funding algorithm by Vitalik Buterin.
About HECO Grant
HECO Grant Global Online Hackathon is open for developers from all over the world starting March 16, 2021! The hackathon is co-organized by HECO, a decentralized and open ecology, and DoraHacks, a global developer community and hackathon organizer.
The program encourages and supports early-stage developer projects building next-generation decentralized protocols and applications on HECO. All the participants can submit their projects on DoraHacks’ blockchain developer platform HackerLink.io for a chance to win the $60K grand prize pool!
Risk Notifications
Please note that the smart contracts generated from the Website will arrange and transfer the donated fund, to conduct quadratic funding algorithm, and distribute contribution funds to the projects of which the voting results in favour. Please understand that the website can not guarantee the authenticity, legality and validity of the project information. Please be aware of the risks of donation and voting and made rational decisions. If there are any adverse consequences, it has nothing to do with HECO, HackerLink, or DoraHacks.
If you have any question, please contact us in Telegram or Discord. We would like to hear more from you and let’s keep in touch!
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About Dorahacks
DoraHacks is a decentralized global developer community, hackathon organizer, and venture builder. DoraHacks’ blockchain developer platform HackerLink.io provides tools to incentivize and foster open-source blockchain development, such as grants, bounties, BUIDLs, and hackathons.
For more information on Dorahacks, please visit our website.
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