Disbursement

How approved grants are disbursed to contributors

Grant Disbursement Process

Once a contributor has been approved for funding through the judging process, the platform manages the disbursement of funds through the following steps:

1. Eligibility Verification

Before any funds can be disbursed, the system verifies that:

• The contributor has completed their application

• The nomination has been approved by judges

• Required KYC verification has been completed (if applicable)

• The contributor has connected a valid XRPL wallet

2. Shirt Size Determination

The final shirt size is determined based on:

• Judge assessments (Small, Medium, or Large grant designation)

• Multiple judge reviews to ensure fair assessment

• The most frequent assessment is typically used as the final determination

3. Payment Processing

The platform integrates with the Kudos system for payment processing:

• A Kudos pool is created for each cohort of approved nominations

• Each nomination is processed with its determined shirt size

• Contributors receive their grants directly to their registered XRPL wallet address

• The platform records transaction details for transparency and audit purposes

4. Notification

When disbursement is complete:

• Contributors receive an email notification about their grant payment

• The platform provides a record of the transaction for reference

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For questions about disbursement, contact [email protected].