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Funding Resubmission Notes

This document converts the earlier grant reviewer feedback into the next submission strategy.

What The Review Said

The panel did not reject the build quality. The feedback explicitly called out strong engineering:

  • working Soroban contract;
  • on-chain Drand BLS12-381 verification;
  • real tests;
  • clean storage tiers;
  • SAC escrow and settlement;
  • permissionless lifecycle and void path;
  • settled mainnet round.

The submission failed the Open Track bar because it did not prove a focused, high-value use case with credible demand and volume.

Core Fix

Do not pitch Sub Rosa as infrastructure for five workflows.

Pitch it as escrow-backed sealed auction infrastructure for Stellar.

This is the wedge where the current build is strongest:

  • bidders need confidentiality before close;
  • the winner needs to pay from locked escrow;
  • losers need deterministic refunds;
  • the operator should not custody private bids or decide settlement;
  • the final result should be publicly auditable.

What To Stop Leading With

These can remain as future examples, but should not lead the funding resubmission:

  • grant scoring;
  • hackathon judging;
  • DAO polls;
  • small trusted RFP review panels;
  • broad "front-running" language without a Stellar-specific auction scenario.

The reviewer is right that many judging and RFP panels are small trusted groups and do not obviously need on-chain settlement. Sub Rosa's stronger case is where funds are locked and moved by the auction result.

Pilot Evidence Needed Before Resubmission

The next submission should include at least one named demand signal:

  • named design partner;
  • pilot agreement;
  • letter/email saying they will test a sealed auction or bid round;
  • public testnet pilot report with external participants.

Minimum useful pilot evidence:

Evidence Why it matters
Partner name Shows demand is not only claimed
Workflow description Shows why sealed settlement is needed
Round IDs Lets reviewers verify usage
Total escrow Shows settlement value, even on testnet
Participant count Shows coordination beyond one builder
Feedback quote or summary Shows learning and buying intent
Next decision Shows whether this can become repeated usage

Outcome-Based Milestones

Replace output-only deliverables with outcomes:

  • one named auction or competitive bid pilot selected;
  • at least three testnet sealed auction rounds run with the pilot;
  • public receipts for round creation, commitments, reveal, clear, settle, and refunds;
  • one external team can run the flow using docs and SDK;
  • one external Soroban/Rust reviewer reviews funds-handling paths before mainnet beta;
  • capped mainnet beta only after review and pilot feedback.

Single-Builder Risk Answer

Suggested response:

The current implementation was built by one builder, so the resubmission treats external review as a milestone, not an afterthought. Grant funds would support an independent Soroban/Rust review of the funds-handling paths, capped mainnet pilots, public runbooks, reproducible e2e scripts, and at least one additional technical reviewer before production launch.

Draft Resubmission Paragraph

Sub Rosa is now focused on one wedge: escrow-backed sealed auctions on Stellar. The protocol lets bidders lock Stellar assets, submit bids that remain unreadable until a public Drand round, and then have Soroban verify, clear, settle the winner payment, and refund losers deterministically. We are no longer asking funders to fund a broad allocation primitive across grants, hackathons, DAOs, RFPs, and auctions. The resubmission will include a named auction/design-partner pilot, public testnet round receipts, and an external review milestone for the funds-handling contract before any uncapped mainnet usage.

Immediate To-Do

  • Get one named pilot or written design-partner signal.
  • Update public demo to open with the sealed auction case.
  • Publish a short pilot ask targeted at auction, marketplace, procurement, or asset-issuer teams.
  • Produce one pilot report template before outreach starts.
  • Ask one Soroban/Rust engineer for review availability and budget.