Siloam
Shared, member-governed funds — on-chain, with no custodian.
Communities know how to steward their own resources better than any outside institution — and do remarkable things when they have the right tools.
The weak point of any shared fund is whoever holds it. Siloam removes the holder. Each pool is its own sovereign contract, spun up through a proxy-clone model, running whatever governance its creator defines — and anyone can read those rules in full before joining.
How it works
- Contribute. Each cycle, members put in at least the minimum. The creator sets both the minimum and the cycle length.
- Claim. Any member can make a claim against the pool.
- Vote. The pool votes on every claim, and it has to clear the approval threshold the creator chose.
Pools begin open or closed. Anyone can join an open pool by contributing the minimum. A closed pool takes a newcomer only after a member nominates them and the pool votes them in — then they join by contributing. When a pool has governors, the governors carry its voting.
Before you join
- Network
- Base — more soon
- Token
- None, ever
- Fee
- 0.125% in & out
- Operator
- Silver Glen Protocols LLC
Siloam is built by a solo developer, and the contracts are currently unaudited — use it accordingly, and never put in more than you can afford to lose. Questions go to SilverGlenProtocols.CB@proton.me.