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closedEnded a year ago · Snapshot (Offchain)

Proposal: Approve the pre-ratified matching fund amounts for GG22

By 0xa53D...17aaA8

We propose to set the matching funds for the Program Rounds in GG22 as follows: $1.125M total from the Gitcoin.eth multisig. This proposal is to pre-ratify the allocation of funds to expedite the process, ensuring a smooth and efficient round execution.

After the post-round review is completed, we will post the round results on the governance forum, allowing the community one week for discussion and feedback before payouts are made.

Proposed Matching Fund Allocation The proposed matching funds of $1M will be distributed across the following OSS Program Rounds:

Web3 Infrastructure Round: $300k dApps & Apps: $300k Developer Tooling & Libraries: $300k Hackathon Alumni: $100k The proposed matching funds of $125k will be distributed across the following Community Rounds:

BioFi Pathfinders 1 - $20k Ma Earth Grants Round 2 - $20k ENS Ecosystem 1 - $20k Allo Builders Advancement Round - $20k Growing the Public Gardens - $20k Youth in Need - $12.5k Regen Citizen Round 1 - $12.5k These amounts will be covered by funds raised prior to the round’s conclusion. Fundraising efforts are ongoing, and we encourage community participation to support these rounds.

If you or your organization would like to discuss potential partnerships or have ideas for collaboration, please feel free to reach out in the comments below or contact us directly on Telegram.

Thoughts for Discussion

Due to the market conditions, how can we best mitigate the effects of the bear market on our fundraising efforts? Are there alternative strategies or partnerships we should consider?

What more can we do to involve the community in fundraising and governance?

What measures can we take to ensure the sustainability of the matching funds for future rounds?

Proposal for Community Vote We request the community to vote on the following options:

Yes, approve the pre-ratified matching fund amounts from the multisig for GG22, totaling $1.125M. No, follow the traditional process of ratification after the round. Abstain Please share your thoughts and vote in the comments below. Your participation in this decision-making process is vital to the success of GG22 and future rounds.

Thank you for your continued support and participation in Gitcoin Grants governance.

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Connect Wallet to Add Note
0
Votes 1222
VoterCast PowerVote & Rationale
0x393B...1B18Cf
700,292

Yes, Approve matching funds

0xABF2...4969dB
700,085

Yes, Approve matching funds

0xc2E2...296099
633,106

Yes, Approve matching funds

Sov
259,632

Yes, Approve matching funds

0x5a5D...aCa9C3
250,948

Yes, Approve matching funds

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Thu October 17 2024, 07:34 pmVoting Period Starts
  • Thu October 24 2024, 07:34 pmEnd Voting Period
Current Results

1-Yes, Approve matching funds

2.894M

96.61%

2-Abstain

101,127.673

3.38%

3-No.

323.26

0.01%
Quorum 2.996M/2.5M
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