Collection Bounty Board is a Standardized Proposal that allows for a community to incentivize the deposit of one or many NFTs in exchange for a pre-determined amount of $COLLECTION tokens. Upon deposit, the specified amount of tokens is minted and deposited into the users wallet.
This process lets you verify results for on-chain execution through a third party that crowdsources verification (reality.eth)
Step 1: Request execution of the transaction
Step 2: Set the condition of the outcome and submit your bond
Step 3: Wait for the oracle to verify which will take 1 week on Mainnet
Regardless of whether a proposal fails or passes, if the results from verification are correct, you will want to claim your bond that you initially put up to verify the results from the Reality.eth oracle.
A proposal that has failed results
A proposal that has passed results
- 1.Select NFTs
- 2.Approve contracts