poidh

**POIDH introduces a new public goods initiative** that converts ETH deposits into actionable bounties for documenting real-world issues. **How it works:** - Users deposit ETH to create fully onchain bounties focused on public goods - Contributors document public goods issues on the ground with visual evidence - Proof is submitted as NFTs, which are exchanged for bounty rewards upon verification **The platform bridges funding and action** by turning yesterday's ETH deposits into today's tangible documentation of community needs. This creates a direct incentive mechanism for addressing public goods challenges through blockchain technology. Participate in public goods bounties at [poidh.xyz/a/publicgoods](https://poidh.xyz/a/publicgoods)

A bounty on the POIDH platform has been successfully claimed and verified. The claim, documented at [bounty #1027](https://poidh.xyz/base/bounty/1027?new=yes), marks a legitimate completion where: - A claimant submitted visual and text evidence as an NFT - The bounty creator verified the proof met requirements - Funds were automatically released in exchange for the NFT This represents the onchain bounty system working as designed - from initial deposit through evidence submission to final payout. The platform enables anyone to create bounties and accept proof of completion through NFT-based verification. **How it works:** - Creators deposit funds to establish a bounty - Claimants submit proof minted as NFTs - Creators verify and release funds automatically The successful claim demonstrates the platform's ability to facilitate trustless bounty completion and payment.

A community member successfully claimed a **$150 bounty** from the DONUT community by delivering donuts to first responders. **Key Details:** - @dampavd completed the bounty challenge - Delivered donuts on behalf of the DONUT community - Bounty was **finalized before a recent exploit** occurred - Video evidence was provided as proof of completion The bounty was sponsored by @theneetguy, @Chipagosfinest, and @kennyistyping. This represents another successful completion on the poidh platform, where users can create and fulfill onchain bounty challenges with visual proof requirements. The timing proved fortunate, as the bounty was completed and paid out before an unspecified exploit affected the platform earlier this week.

**Final v2 bounty milestone reached** as Degen Chain winds down its second version. - @warpwatch02 successfully completed bounty with claim ID 4444 - @justalexty collected one of the **last v2 NFTs** from the factory - Marks end of an era as platform transitions away from v2 The completion represents one of the final opportunities to earn rewards and mint NFTs on the current Degen Chain infrastructure before the next phase begins.

**POIDH has published a comprehensive post-mortem** analyzing the December 8th exploit that affected their onchain bounty platform. The detailed breakdown covers: - What went wrong during the security incident - Technical analysis of the vulnerability - Impact assessment on users and funds - Steps taken to address the issue The post-mortem provides transparency for the community and serves as a learning resource for other DeFi projects. [Read the full analysis](https://words.poidh.xyz/poidh-december-8th-exploit)

**Poidh has completed refunds** for all users on Arbitrum and Base with balances over 1 cent following recent security exploits. **Key updates:** - All affected users have been refunded in full - Degen Chain users with active bounties notified to finalize or cancel - Users who believe they haven't received full refunds should contact the team **What happened:** While investigating an initial exploit, developers discovered a second potential vulnerability. The team emptied all contracts as a precaution and committed to full user refunds. **Current status:** - App remains offline for safety - New contracts will be redeployed - Full post-mortem report coming soon - Team promises to return with lessons learned Users are advised not to interact with poidh contracts until the official relaunch announcement.

**Poidh bounty platform suffered two separate exploits** on its Base contract, forcing the team to halt all operations. **First exploit details:** - Targeted bounties with single contributors - Multi-contributor bounties remained stable - Team advised users to cancel active bounties **Second exploit discovered:** - Found during investigation of original incident - Team emptied contract of remaining funds - All users will receive **full refunds** **Current status:** - **DO NOT interact** with the poidh app - Contracts will be redeployed - Operations suspended until security restored The team committed to learning from these incidents and returning stronger with improved security measures.

A new crypto bounty on poidh offers **$5** for kissing a frog statue in public. **How it works:** - Find a frog statue in a park or city street - Kiss it and document with photo/video proof - Share on Farcaster and tag @FwoggerFun **Proof requirements:** - Must be clearly not AI-generated - Include today's newspaper or Farcaster username in photo - Multiple angles preferred - Video documentation ideal First legitimate entry wins the bounty. The challenge uses poidh's onchain bounty system where proof is minted as an NFT. [Submit your entry](https://poidh.xyz/base/bounty/956)

**POIDH is running a weekend bounty** offering $100 in ETH on Base for the best small business appreciation selfie. **How to participate:** - Take a selfie at a small business you love - Include the business name and city in your submission - Explain why you love the business in your claim description - Ensure the business can be found on Google Maps for verification **Deadline:** Submissions must be completed before midnight PST on Sunday. The bounty celebrates Small Business Saturday and encourages community members to show appreciation for local businesses. Winners receive payment through POIDH's onchain bounty system. [Submit your entry](https://poidh.xyz/base/bounty/941)

A new application concept is emerging that focuses on **socially confirming real things** using cryptocurrency incentives. The idea centers around creating a platform where users can verify authentic content or activities through social consensus, with crypto rewards driving participation. Key potential features: - Social verification mechanisms - Cryptocurrency-based incentive system - Focus on confirming "real things" rather than speculation This concept builds on existing trends in SocialFi applications that combine social interaction with financial incentives. The approach could address growing concerns about misinformation and fake content online. The timing appears strategic as the crypto space seeks more practical, utility-focused applications beyond trading and speculation.