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. 1

    Browse raises

    Each listing shows the goal, time left, committed USDG, and progress.

  2. 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. 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. 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. 1

    Create a raise

    Set name, goal ($10k–$2M USDG), window (1h–7d), monthly spend limit, and token supply split. No applications.

  2. 2

    Go live

    Your raise appears on the board. Funders commit USDG while the window is open.

  3. 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. 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.