👑Camelot Proposal
The Camelot Proposal is the core monthly grant program of the Project Merlin DAO. It is designed to fund the most promising Web3 startups through a fully on-chain, task-based, and community-driven selection process.
Unlike many other grant programs where decisions are made by a small internal team or a private committee, Camelot is 100% run by the DAO community—every vote is recorded on-chain and every winner is chosen by active members holding a Project Merlin Community NFT.
🔹 Key Features
Recurring Monthly Funding
Every month, four startups are selected to receive funding.
Each winner gets a $25,000 value package:
$10,000 worth of MRLN tokens (claimable)
$15,000 worth of non-withdrawable service credits to spend on Freelify, Taskium, and Funddex.
Multiple Chances for Startups
A startup can participate in up to three monthly Camelot cycles after submitting a Raven Message.
This means even if you don’t win in the first month, you still have two more opportunities without paying a new submission fee.
Structured Two-Stage Voting
Stage 1 – Shortlist Voting: Startups are grouped into shortlists of five projects. These are assigned randomly to community members via smart contracts. Members rank them on-chain.
Stage 2 – Final Proposal Voting: The top-ranked startups from the shortlists move into one of four final proposals. Community members vote again to select the monthly winners.
AI Fallback for Fairness
If no community member votes on a shortlist after three attempts, the Merlin Spirit AI steps in to rank projects based on predefined, confidential criteria—ensuring no proposal is left unprocessed.
Cross-Chain Voting Access
Even though voting smart contracts are deployed on Arbitrum, members can vote from any supported blockchain using their Custodial Wallet.
This removes the need for manual bridging and makes participation easier.
🎯 Advantages Over Other DAO Grant Programs
Completely On-Chain: Every vote, ranking, and funding decision is transparent and verifiable by anyone.
No Centralized Filtering Bias: Shortlists are random, and the community—not a private team—decides winners.
Guaranteed Funding Allocation: Every month, exactly four winners are funded—no delays, no skipped months.
Service Credits + Tokens: Startups get both liquidity (tokens) and practical resources (credits) to execute their plans immediately.
Vote2Earn Rewards for Voters: Voters are not just volunteering—they earn points for every action, which are later converted into MRLN tokens.
🗳 Who Votes and What Motivates Them?
Voters: Only holders of a Project Merlin Community NFT can vote.
Voting Method: Voters receive assigned shortlists and final proposals in their Custodial Wallet. They rank projects directly on-chain.
Motivation:
Earn Vote2Earn points for each completed voting task (+5 for shortlist votes, +10 for final votes, plus matching bonuses).
These points are converted into MRLN token rewards every quarter if the DAO Treasury exceeds 30% of the total supply.
Gain early insights into upcoming startups and potential presale opportunities.
How it works – Step by step
Shortlist Creation
All eligible startups from the Raven Message pool are grouped into shortlists of 5 projects.
Each shortlist is assigned to a community member via a smart contract.
Shortlist Voting
Community members vote on-chain through their Custodial Wallets.
They rank the projects in their shortlist based on preference.
If a member doesn’t vote within 7 days, the shortlist is reassigned (up to 2 more times).
If no one votes, the Merlin Spirit AI finalizes the ranking.
Final Proposal Stage
Top-ranked projects from each shortlist move to four final proposal lists, each containing 20 startups.
Community members vote again—this time to select the winner from each proposal list.
Selection of Winners
Four startups (one from each final proposal) are declared winners for the month.
💡 In short: Camelot Proposal is more than a grant program—it’s a fully decentralized, recurring funding engine where the community has real power, startups have multiple chances, and participation is rewarded. It blends transparency, inclusivity, and practical utility in a way that sets it apart from most DAOs in Web3.
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