Economics
Beginner
What is
Community Fund?
A pool of resources or tokens set aside to support community initiatives, development, and ecosystem growth.
A pool of resources or tokens set aside to support community initiatives, development, and ecosystem growth. Community funds are managed by the community or foundation and used for grants, bounties, events, and other activities that benefit the ecosystem.
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Frequently Asked Questions
Questions about Community Fund
Common questions about this topic
What is eUTXO and how does it work?
eUTXO (Extended Unspent Transaction Output) is Ergo's smart contract model that extends Bitcoin's UTXO with programmable logic. Each 'box' contains ERG, tokens, data registers, and a guarding script. Transactions consume boxes and create new ones, enabling deterministic execution, parallel processing, and no reentrancy attacks.
Explainer
Technology
How to escape financial repression with Ergo?
Ergo provides tools for financial sovereignty: self-custody with no third parties, censorship-resistant transactions via PoW, optional privacy with Sigma Protocols, and programmable money without permission. Unlike VC-backed chains, Ergo has no central authority that can freeze funds or comply with sanctions. Your keys, your coins, your freedom.
Solution
Philosophy
What is Autolykos and how does it work?
Autolykos is Ergo's memory-hard Proof-of-Work algorithm designed for GPU mining. It requires significant RAM (currently ~2.5GB), making ASIC development uneconomical. Autolykos v2 (current version) allows pool mining while maintaining ASIC resistance. The algorithm promotes decentralization by keeping mining accessible to consumer hardware.
Explainer
Mining
What is SigmaUSD and how does it work?
SigmaUSD is Ergo's algorithmic stablecoin, pegged to USD and backed by ERG reserves. It uses the AgeUSD protocol: users mint SigUSD by depositing ERG, while SigRSV holders provide reserve backing and absorb volatility. The reserve ratio (400-800%) ensures stability. No centralized issuer, no bank accounts - pure crypto collateral.
Explainer
DeFi