Blockchain
Base (8453)
Name
How does quadratic funding work?
Description
Quadratic funding is a community-driven way to finance public goods, emphasizing the importance of broad participation over the size of individual contributions. It uses a formula that matches public donations to projects based on the number of individual supporters, not just the total amount raised. This method ensures that projects with wide support receive more funding, promoting democracy and fairness in public goods financing.
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