IOG Catalyst Team: Success measurement
Catalyst Core technical infrastructure and Fund Administration services will continue to process an increasing volume of proposals submitted and votes cast. We estimate an additional 1,200 community-approved projects to receive funding over the next 12 months under the scope of proposed services.
Based on services provided by Catalyst Team to date, the outcomes of this proposal are projected to yield:
500-600 new technical development projects
300-400 community marketing activation projects, including education, expansion, and new Cardano user onboarding efforts
100-200 small-scale ‘Catalyst Open’ projects, where goals are centered on short-term, foundational R&D, and open-source development objectives
800+ newly completed projects based on the existing catalog of active projects and those funded between Fund10 and Fund13
A minimum of five workshops per funding campaign held in collaboration with the community to review and refine key processes, such as:
Catalyst Standards: Defining minimum benchmarks for developers wishing to experiment on the Catalyst Continuous TestNET with solutions considered for wider implementation into the Catalyst voting system.
Catalyst Training: Proof-of-achievement reviews, Catalyst Continuous Testnet
Retrospective on F10 Community Review improvements: How recent changes have impacted workflows or results and any adjustments needed to be considered for Fund11 and beyond.
Scoping requirements for Catalyst ‘Categories’: Defining processes for scoping priorities for funding, budget allocations, and governance processes to decide on future directions for Catalyst community-led challenges or Categories.
To build a fund-by-fund picture of network health and growth, the Catalyst Team will measure impact against both performance and usage metrics to understand the vibrance of the ecosystem. The Catalyst Team has built and will continue to build and deploy various tools to aggregate, measure and analyze a number of data points in various categories. The Catalyst Team intends to continue to use such data to make improvements to its own processes and to continue to suggest improvements and enhancements for the Catalyst Program to the Cardano community. The categories of data captured and analyzed include the following:
Pre-Voting / Registration Phase (updated before voting starts):
Mainnet Bridge and Snapshot:
Total voter registrations / staked ada
Voter registrations valid in active fund / staked ada
Voter registrations eligible to receive rewards in active fund / staked ada
These metrics help determine the trend of voter participation in Catalyst compared to previous funds: How many voters registered to participate; which of these registrations performed voting actions; and which performed enough votes to be eligible for a share of voter rewards.
Voting Application:
Wallets connected
Support tickets submitted
Voting App specific feedback from end of fund user-survey
These metrics help determine if any bugs have been uncovered in production and the number of wallets interacting with the voting app.
Idea submission and Community Review:
New community reviewer registrations
Fund-on-fund recurring community reviewer participation
Number of proposals submitted at draft deadline
Number of proposals withdrawn
Number of proposals to be voted on
Avg number of reviews carried out
LV0, LV1
Number of flagged reviews
By segmented classification of Catalyst scripts
That are included by LV2
That are discarded LV2
Avg number checked by LV2
These metrics help identify and understand the trends associated with the Community Review stage which in turn helps to forecast the relative costs to the treasury in future funding rounds.
Voting Phase (updated when voting ends):
Wallets eligible to cast votes
Wallets casting at least one vote
Total votes cast
Max / avg votes per second
Avg votes cast per voter
Total active voters / stake
Avg voting stake per proposal
Avg voting stake per funded proposal
Avg voting stake per completed* proposal
These metrics help illustrate the growth trends in Catalyst network participation and related factors that affect overall decision-making and outcomes.
Fund Campaign promotion:
External link clicks
Proposals opened in ideascale in app browser
Gitbook pages opened
Help / support links
New mailing list signups
New accounts created
Catalyst Execution
Milestone proof-of-achievements verified
Ratio of funded-projects reporting on time each month
Ratio of projects reporting monthly project is ‘On Track/Not on Track’
Ratio of Projects completed versus:
Withdrawn / canceled projects
Active projects that have not met delivery schedule
These metrics illustrate the progress being made by funded projects and affect the health of outcomes achieved by the overall Catalyst funding programme.
All system health, performance, and usage metrics will be published at regular intervals at the end of each fund alongside the results of each voting stage. The data will also be used in the interim and end-of-year evaluation reports outlined in Milestone 5.
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