How it works
Where conviction meets USDG
Trancepad Raises is a secondary product alongside bonding-curve launches: escrow fundraising with spend limits and market-based governance on Robinhood Chain.
For participants
- 1
Browse raises
Each listing shows the goal, time left, committed USDG, and progress.
- 2
Commit USDG
Your funds go into a smart-contract escrow — not the team wallet. Earlier commits earn a larger token share at the same FDV via time-weighted allocation and a fill boost.
- 3
Raise completes or refunds
If the raise hits its min goal, it succeeds and you claim DAO tokens. If it misses, you get a full USDG refund.
- 4
Built-in oversight
Successful raises fund a treasury with an on-chain monthly spend limit. Spending above the cap requires a futarchy proposal.
For founders
- 1
Create a raise
Set name, goal ($10k–$2M USDG), window (1h–7d), monthly spend limit, and token supply split. No applications.
- 2
Go live
Your raise appears on the board. Funders commit USDG while the window is open.
- 3
Receive funds with controls
On success, USDG moves to the futarchy treasury. The team can spend within the monthly cap; excess needs market approval.
- 4
Govern with futarchy
Over-cap spends open PASS/FAIL decision markets. Traders bet with real capital. If PASS TWAP beats FAIL, the spend executes.
What “prediction markets” mean here
A futarchy decision market is a betting market about whether a proposal helps the project. When a team wants to spend above the monthly cap, PASS and FAIL pools open. Traders put capital behind their view. If the time-weighted PASS price beats FAIL by the configured threshold, the spend executes automatically. If not, it does not. Markets only protect you when they are deep and informed — small raises can have thin, gameable markets.