# The Foundry

Central to the idea of YFD is the concept of the Foundry. A vibrant idea marketplace owned and run by a community of builders, utilizing cutting-edge blockchain technology to enable **secure operations,** **transparent governance**, and **automated payment** for work performed.

<figure><img src="https://268243558-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzeCUvNp4zqe4NEKS0jlu%2Fuploads%2FWxliepqFY4L48aSQEFeH%2Fimage.png?alt=media&#x26;token=dc0e9183-0d0e-42c6-aa4a-c42a80af3fde" alt=""><figcaption></figcaption></figure>

### Decentralization

Y-Foundry is a Decentralized Autonomous Organization (DAO). Built on blockchain technology and smart contracts, YFD provides an open-source platform for members to vote on decisions related to the projects, platform, and overall marketplace that make up the YFD ecosystem.

Y-Foundry DAO is a community-driven accelerator of ideas, providing a powerful way for creators to connect with builders and collaborate in a transparent and decentralized way.

### Community

**Strategists** are able to receive input from the community and refine their ideas before proposing a project. When a project idea is ready, **Strategists** can submit it to the community for consideration. Members of the community can support the project by becoming a **Booster** to provide the project with the necessary funds to launch and then share in its success.&#x20;

Whitelisted **Developers** from within the community can accept bounties to help build the project: community investment, development, and ownership.

See [roles](https://elanu-sheetmaster.gitbook.io/y-foundry/community/roles "mention") for more information.

### Smart

<figure><img src="https://268243558-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzeCUvNp4zqe4NEKS0jlu%2Fuploads%2F98H9b1NYMaU3xhMkF7NN%2Fimage.png?alt=media&#x26;token=c2199db7-caae-4110-85b1-9ed29cef281e" alt=""><figcaption></figcaption></figure>

What makes Y-Foundry truly unique are a set of qualities that enable powerful, trustless collaboration between users:

* The ability for the protocol to **self-fund development** without dilution of its token/governance power.
* The **decoupling of Governance and the Treasury**, such that the Treasury is a smart contract accountable to perform actions as determined by on-chain governance.
* **Complex governance model** when compared to the current models of governance in DeFi where governance proposals are generally “text-only”. In DeFi the executor of the governance action is usually a human or group of human beings using a multi-signature wallet or shared private key, while YFD uses Smart Contracts.
* The ability to provide guaranteed funding to developers through the **escrow of funds to a smart contrac**t with the capability for clawbacks, should the stakeholders determine that deliverables have not been met.


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