Raises
USDG crowdfunding with monthly caps and futarchy over-cap spends.
Raises is Trancepad's USDG crowdfunding product. Funders commit USDG into an on-chain escrow for a stated goal and time window. Success sends funds to a guarded treasury; failure returns principal.
How a raise works
- Creator opens New raise and deploys via
RaiseFactory.createRaise(goal bounds about $10k–$2M USDG, window 1 hour to 7 days). - Funders commit USDG on the raise page while status is live. Early and relative commits receive fill boost and time-weighted allocation of the ICO token share.
- Anyone can finalize after the window (or when the goal is met, depending on contract rules). Success moves USDG to the FutarchyTreasury; failure enables refunds.
- On success, funders claim DAO tokens. Team spends within a monthly USDG cap (factory default max 10% of goal per 30 days).
- Over-cap spends require a Governor proposal that opens PASS and FAIL decision markets. After the trading window (default 3 days), TWAP decides whether over-cap spend executes (default PASS must clear FAIL by about 15%).
UI surfaces today: board, create, detail + commit, governance propose/finalize, and How it works. Some lifecycle actions (raise finalize, refund, claim, conditional market trading) may still be wallet / contract-first. Raises contracts are unaudited. Raise UI is live when the raise factory address is configured for this deployment.
Integrators: see Raises integration.