Hey! I wanted to chime in here that I love this idea! I actually spend most of my time buidling for Giveth and we’ve been speccing out a product for the last few months that is extremely similar.
I won’t spend too much time shilling Giveth on Gitcoin’s forum but if you’re not familiar with us, we are a donation platform and can be found here. We started work on GIVfi around December 2022 which will encompass two products - GIVsavings and GIVdaoments - the former being focused on project owners while the latter focused on donors.
A short TL;DR
GIVsavings - will allow owners of for-good projects to earn a yield on their idle donations - effectively giving them a “savings account” and be able to autodeposit incoming donations into this account and deposit any other eligible types of funds they hold.
GIVdaoments - very similar to what you outline above, big ticket donors can create an endowment, allowing them to invest capital into a vault and donate the yield to one or many different for-good project simultaneously. Other donors can join an existing GIVdaoment or launch their own with unique distribution settings.
I also noticed the great work @kyle has done getting gtcETH out the door and have had the opportunity to meet the crew at FundPG who were some ETH Denver '23 hackathon finalists (winners?) building also a very similar product. Not to mention the work Spirals on CELO has been up to for a while now…
It seems like the ReFi world is all starting to coalesce around the idea of supporting public goods directly with DeFi yield. I wonder if there’s a way we can collaborate to make a single amazing product rather than many competing ones.
Happy to chat more on our ideas here and can provide more context on Giveth and GIVfi.