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116 changes: 69 additions & 47 deletions docs/ef/ef-achievements.md
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# Timeline

### 2020

- Jan 7, Introducing the Ergo Foundation, a community-driven entity

**2020 Key Achievements**
### 2024

- Roadmap released, Discord started
- Partnership with Emurgo and extensive joint research brought us Oracle Pools, SigmaUSD, and the headless dApp framework.
- Listing on CoinEx, Gate.io.
#### In Progress

Discussions ongoing with several prominent on-ramps trying to secure US access, as well as smaller exchanges which should help our volume, and regional exchanges to ensure ERG is accesible worldwide.

### 2021

- Joseph Armeanio joins the Ergo Foundation.
- Mark Glasgow joins the Ergo Foundation, replacing Martin S.
- On Nov 1, IOHK Business Developer Daniel Friedman was appointed Advisor to Ergo Foundation Board.
- On Dec 19, The Ergo Foundation incorporates in Singapore.
- ErgoSummit
- Metamask
- Website Refresh
- Trust Wallet

**2021 Key Achievements**

- Autolykos v2 Hard-Fork opened Ergo to mining pools, improved liquidity and brought many new users into the ecosystem.
- Partnership with Jinse and China marketing efforts that grew the Chinese community to >10k members.
- Listing on KuCoin, Changelly.
- UTXO Alliance formed.
- EIP-27 Discussions start.
- The EF hired wallet developers to alleviate users' lack of usable wallet options.
- Obtained a written US Legal Opinion that determines Ergo is unlikely to be classified as a security.
- Our first summits and two hackathons.
- Incorporated the first legal entity in Singapore to meet the necessity of formal arrangements now required in the industry.
#### In Development

### 2022
- [Sub-block confirmation protocols](sub-blocks.md)
- EVM Bridge for [Rosen](rosen.md)
- [DexyGold](dexy.md)
- [Machina Finance](machina.md)
- [ChainCash](chaincash.md)

- Warwick (CW), Stacie, and Alison Robson join the Ergo Foundation as Officers to help expand the EF to the wider community.
- Created and distributed a pitch deck highlighting the 'open source economy' rapidly developing on Ergo and opportunities that present for private investors.
##### Community

**2022 Key Achievements**
- PalmyraComDex MVP
- [BlitzTCG](blitz.md)
- [Paideia](paideia.md)
- [GuapSwap](guapswap.md) V2
- [Thz.FM](thz-fm.md) MVP
- ErgoNames
- [Analog Ergo](analog-ergo.md)
- [SigmaGold](sigmagold.md)


- Listings on Indodax and Huobi, Bittrue.
- Parallel asset launches on Flux.
- [EIP-27](eip27.md) re-emission soft-fork boosting confidence in Ergo and ensuring long-term network security.
- [EIP-37](eip37.md) (Difficulty retargeting hard fork).
- Two summits and three hackathons with 45 entries total.
- The redesign & relaunch of [ergoplatform.org](https://ergoplatform.org) and [sigmaverse.io](https://sigmaverse.io)
- Node [V5 JITC]().

### 2023

- **Announcements**: [Significant donations made to EF Treasury from ecosystem projects](https://ergoplatform.org/en/news/news/The-Ergo-Foundation-Path-to-a-Robust-Digital-Ecosystem), Storage rent activation. EF makes a donation to the Sigmanauts Treasury
- **Partnerships**: Bitpanda listing, nonkyc listing and native token integrations, Koinly integration, StealthEx listing.
- **Partnerships**: Bitpanda listing, nonkyc.io listings and native token integrations, Koinly integration, StealthEx listing.
- **Events**: [Ergo Summit 2023](https://ergoplatform.org/en/news/Ergo-Summit-2023), ErgoVersary 2023, Ergohack VI and VII.
- **Core**: Sigma.js, UTXO Set Snapshots and bootstrapping with NiPoPoWs, Sigma
- **Core**: Sigma.js, UTXO Set Snapshots and bootstrapping with NiPoPoWs, work on SigmaState.
- **Scaling**: An update from kushti *'A Scalability Plan for Ergo'* and work on a [sub-block confirmation protocol](https://ergoplatform.org/en/blog/Ergo’s-Newest-Advancement-Sub-Blocks).
- **Tooling**: FleetSDK, [Ledger in developer mode](https://ergoplatform.org/en/blog/Ledger-Launches-Ergo-Support-in-Developer-Mode), Oracles v2.

Expand All @@ -78,20 +67,53 @@
- [Crux Finance MVP](https://cruxfinance.io/)
- **Tooling**: ergexplorer, ergo-lib-go, Off-The-Grid, uExplorer

#### In Development

- BlitzTCG Alpha
- PalmyraComDex MVP
- Paideia Alpha
- DexyGold
- GuapSwap V2
- Thz.FM MVP
- ErgoNames
- Machina Finance
- Analog Ergo
- SigmaGold
- ChainCash




### 2020

- Jan 7, Introducing the Ergo Foundation, a community-driven entity

**2020 Key Achievements**

- Roadmap released, Discord started
- Partnership with Emurgo and extensive joint research brought us Oracle Pools, SigmaUSD, and the headless dApp framework.
- Listing on CoinEx, Gate.io.


### 2021

- Joseph Armeanio joins the Ergo Foundation.
- Mark Glasgow joins the Ergo Foundation, replacing Martin S.
- On Nov 1, IOHK Business Developer Daniel Friedman was appointed Advisor to Ergo Foundation Board.
- On Dec 19, The Ergo Foundation incorporates in Singapore.

**2021 Key Achievements**

- Autolykos v2 Hard-Fork opened Ergo to mining pools, improved liquidity and brought many new users into the ecosystem.
- Partnership with Jinse and China marketing efforts that grew the Chinese community to >10k members.
- Listing on KuCoin, Changelly.
- UTXO Alliance formed.
- EIP-27 Discussions start.
- The EF hired wallet developers to alleviate users' lack of usable wallet options.
- Obtained a written US Legal Opinion that determines Ergo is unlikely to be classified as a security.
- Our first summits and two hackathons.
- Incorporated the first legal entity in Singapore to meet the necessity of formal arrangements now required in the industry.

### 2022

- Warwick (CW), Stacie, and Alison Robson join the Ergo Foundation as Officers to help expand the EF to the wider community.
- Created and distributed a pitch deck highlighting the 'open source economy' rapidly developing on Ergo and opportunities that present for private investors.

**2022 Key Achievements**


- Listings on Indodax and Huobi, Bittrue.
- Parallel asset launches on Flux.
- [EIP-27](eip27.md) re-emission soft-fork boosting confidence in Ergo and ensuring long-term network security.
- [EIP-37](eip37.md) (Difficulty retargeting hard fork).
- Two summits and three hackathons with 45 entries total.
- The redesign & relaunch of [ergoplatform.org](https://ergoplatform.org) and [sigmaverse.io](https://sigmaverse.io)
- Node [V5 JITC]().
38 changes: 38 additions & 0 deletions docs/ef/ef-future.md
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# The Ergo Foundations Future

## Initial Role of the Ergo Foundation

The Foundation's role was to bootstrap the Ergo ecosystem in the initial years and build up the infrastructure required for adoption, solving the 'hard side' of Ergo and leading to the vibrant ecosystem we see today with:

## Achievements

- 300+ community devs
- 100+ Active contributors in the weekly developer chat in Discord.
- Hosting multiple [events](events.md) per year.
- 140+ projects are developing on Ergo. See [sigmaverse.io](sigmaverse.io) for an overview!
- Consistently ranked in the top 100 for development activity on [artemis.xyz](https://app.artemis.xyz/developer-activity?ecosystemValue=Ergo)

/// details | Achievements
{type: info, open: true}
For an overview of what has been achieved since launch, please see [this page](ef-achievements.md)
///


## Strategic Approach

The Ergo Foundation, while it may continue to exist indefinitely as a legal entity, primarily serves to mitigate counterparty risk in interactions with centralized entities.

In another capacity, the Foundation could persist as a research division, fostering the development of applications and protocols that align with its foundational objectives: promoting blockchain technology for societal benefit, advocating for truly decentralized infrastructure, and upholding privacy as a fundamental human right.

The optimal strategy involves diligent work and the development of robust infrastructure to accommodate potential liquidity shifts from existing systems. Emphasis should be placed on user security, privacy, and long-term resilience.

While the timing and nature of these shifts cannot be precisely predicted or controlled, strategic positioning can prepare us for various outcomes.

The generous contributions from ecosystem projects to the Foundation's [treasury](treasury.md) ensure its sustainability, enabling it to fulfill its mission until such time as it becomes redundant.


## The Sigmanauts Programme

As time goes on, the importance of the EF should diminish and shift towards the community entirely. This is essential for both the strength of the ecosystem and ensuring that Ergo is not classified as a security.

The [Sigmanauts Programme](sigmanauts.md) was launched at the start of 2022 to fill this need and build the required structures to pass the baton to the community. Now with a funded treasury and begining to test out Paideia, you can submit proposals for how they should spend it on [ergoforum](https://www.ergoforum.org/c/marketing/sigmanauts-treasury/35)
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The Ergo Foundation initially received an allocation of 4,330,776 ERG, which is equivalent to 4.43% of the total supply. A significant portion of this Treasury has been expended for the benefit of the protocol and the community. Even during periods of low ERG price, the Foundation continued to invest in order to foster and grow the Ergo community. Additionally, several projects that launched on Ergo have generously allocated a fraction of their tokens to the EF Treasury.

You can read more in the [emission](emission.md) section.


/// details | Emission
{type: info, open: true}
For more information on the Ergo's emission schedule, tokenomics and allocation, visit the [emission](emission.md) section.
///


## Holdings
Expand All @@ -20,22 +25,28 @@ As of January 2024, the complete treasury of the foundation, including market ma
| Gluon | 335,000 | N/A | |
| Total | | | **$5,636,940** |

/// details | How will the SPF/RSN and other tokens be utilized?
{type: question, open: true}
Please note that the majority of these funds are currently illiquid. We have converted a minor portion of SPF to cover some development expenses from the grants awarded (as detailed below), but we are cautious to avoid exerting any downward pressure on a project that is still maturing. This situation, however, presents an opportunity to significantly augment our expenditure once we reach a stage where these tokens can be freely utilized.
///



## Wallets

You can find the Ergo Foundation treasury and current balance on-chain at the following locations

- [Old MultiSig](https://ergexplorer.com/addresses#4L1ktFSzm3SH1UioDuUf5hyaraHird4D2dEACwQ1qHGjSKtA6KaNvSzRCZXZGf9jkfNAEC1SrYaZmCuvb2BKiXk5zW9xuvrXFT7FdNe2KqbymiZvo5UQLAm5jQY8ZBRhTZ4AFtZa1UF5nd4aofwPiL7YkJuyiL5hDHMZL1ZnyL746tHmRYMjAhCgE7d698dRhkdSeVy).
- [New MultiSig](https://ergexplorer.com/addresses#2BggBDgr9n9geTKjCJBCEWMReb2i7wcocw7fjVd3QyM7qFMtmVHyoFr78kChAxGekJxUTZru2aMjyZKcVoPfHX5d12RqNrnEAgzGqUCoJ2zkCiiUURror6NJ6HYyPxxUf5qj5FdQXqJ2zFv1a8U9Lieib59S8mxpE2oLAPt7P5cyngAa5sVEHHKeJrKkpp2yfQH3kshujjPCCc6qv2StJkmbzDTqAcxTpjcB9voMhi1tCybU4ikxSJEoAKmr5mppSfVAB5zSpREYstCVU)
- [Hot Wallet](https://ergexplorer.com/addresses#9g1ReLmsbGevkTjfPGMdRMoFRdrAVskZVmSBpaEdVW2DfG4HDWm) managed by the Treasurer
- The original EF Treasury MultiSig can be seen [here](https://ergexplorer.com/addresses#4L1ktFSzm3SH1UioDuUf5hyaraHird4D2dEACwQ1qHGjSKtA6KaNvSzRCZXZGf9jkfNAEC1SrYaZmCuvb2BKiXk5zW9xuvrXFT7FdNe2KqbymiZvo5UQLAm5jQY8ZBRhTZ4AFtZa1UF5nd4aofwPiL7YkJuyiL5hDHMZL1ZnyL746tHmRYMjAhCgE7d698dRhkdSeVy).
- We are in the process of shifting to a new multisig which can be found [here](https://ergexplorer.com/addresses#2BggBDgr9n9geTKjCJBCEWMReb2i7wcocw7fjVd3QyM7qFMtmVHyoFr78kChAxGekJxUTZru2aMjyZKcVoPfHX5d12RqNrnEAgzGqUCoJ2zkCiiUURror6NJ6HYyPxxUf5qj5FdQXqJ2zFv1a8U9Lieib59S8mxpE2oLAPt7P5cyngAa5sVEHHKeJrKkpp2yfQH3kshujjPCCc6qv2StJkmbzDTqAcxTpjcB9voMhi1tCybU4ikxSJEoAKmr5mppSfVAB5zSpREYstCVU).
- View the [Hot Wallet](https://ergexplorer.com/addresses#9g1ReLmsbGevkTjfPGMdRMoFRdrAVskZVmSBpaEdVW2DfG4HDWm) managed by the Treasurer when sending payments.



## Salaries

Twenty people receive monthly salaries or rewards for their contributions. The vast majority (16/20) were promoted from within the community after exceptional contributions.

A breakdown of our usual salary commitments is as follows:
An average breakdown of how people in Ergo are awarded.

``` mermaid
pie title 2023 Salary Averages
Expand All @@ -45,6 +56,12 @@ pie title 2023 Salary Averages
"Development" : 63
```

/// details | Roles
{type: info, open: true}
More information on each of these roles can be seen on [this page](ergo-foundation.md).
///


## Outstanding Obligations

Currently, the Ergo Foundation has $132,500 in outstanding obligations.
Expand Down Expand Up @@ -73,19 +90,22 @@ In addition to the direct ERG spending above in 2023,
- 160,000 SPF was donated to the [Sigmanauts](sigmanauts.md) Treasury
- Totaling 1,622,000 SPF




/// details | The Ergo Foundations Future
{type: info, open: true}
Please see [this section](ergo-foundation.md#the-ergo-foundations-future) for more information on the long-term goals of The Foundation.
Please see [this page](ef-future.md) for more information on the long-term goals of The Foundation.
///


## Votings

The Ergo Foundation members and officers discuss proposals before putting them to a formal vote on the ergoforum, passed with a majority of voting members.
The Ergo Foundation members and officers discuss proposals before putting them to a formal vote on the ergoforum, passed with a majority of voting members.

Before voting on spending treasury funds, we will approach the [Good Whale Fund](https://ergoplatform.org/en/blog/2021-11-02-good-whales-grant-fund/), [DarkFund0](https://www.ergoforum.org/t/darkfund0-zk-fund-for-privacy-applications/398), or suggest creating a [Raffle](https://ergoraffle.com/) if appropriate.

Foundation votes this year have mostly been related to exchanges, market-makers, banks, and grant requests.
Foundation votes this year are usually related to our internal structures, exchanges, market-makers, banks, and grant requests.

- (Dec 23) Transfer of all or Part of Treasury to New Multi-sig
- (Oct 23) Pay raise for anon-br
Expand Down
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