💸Fund Each Bounty

Fund your bounty contract with MATIC or ERC20

Funding a contract on OpenQ, like minting a bounty on OpenQ, is also dead simple.

• Go to the bounty's page on OpenQ

• Click the Fund Tab

• (Optional) If invoicing is required for the bounty, you will be required to input your organization's invoicing information before you are able to fund. If you have previously provided your invoicing information in your Profile, then you are all set. If not, you can enter your invoicing information right there on the funding screen.

• Choose the ERC20 token or MATIC you would like to fund with. This will be the same as the token type you chose when minting the bounty

• Enter the token volume

• Enter the timelock period for this deposit

Deposit Period Days and Refunding Deposits

Deposit Period Days is how long your funds will be locked in the smart contract.

After this number of days, you will be able to refund your full deposit if no claim has occurred. If the bounty is partially claimed, you will only be able to claim the remainder of your deposit after those claims have been subtracted.

• Approve (if ERC20) and Transfer

Keep Your Bounty Solvent

OpenQ likes to make it clear for participants whether or not a bounty sponsor has fully funded their bounty.

Solvent means that there are enough funds deposited on the bounty contract to cover all payouts (i.e. the sum of all tiers)

Insolvent means that there are NOT enough funds deposited on the bounty contract to cover all payouts (i.e. deposited funds are less than the sum of all tiers)