Gitcoin

TLDR I propose that we earmark* 6.9m GTC to go to Gitcoin Citizens rounds for the next 4.20 years. These tokens will be deployed on Allo to build the Allo ecosystem, building an upward spiral of innovation around Gitcoin.

*earmark = social understanding that this amount of tokens will go to Citizens. Future proposals will be submitted with specifics about how they will be allocated.

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Why do this?

1 - Because Gitcoin needs to become (a) more successful in the market + (b) more DAO-like. 2 - This direction is already proven at small scales + therefore significantly derisked (just look at the chart above). 3 - Gitcoin has 24.5m GTC 1and ~50(ish) months left of runway at current market levels. Our data above shows that the rest of the GTC should be spent WAY MORE on Citizens. This is a test of that direction. And a disruption of the current implicit status quo of that $$ being earmarked for Grants Lab. 4 - This is a true pilot for creation of the Gitcoin Citizens Value Flows 4.

Implementation Details

1 - [Grants Lab] Allo Kit, Allo 2.1 to be built by Grants Lab before Devcon 2 - [Grants Lab] Grants Lab leaders are rebuilding the Grants Lab product organization after the move to multi-mechanism (and the move from Grants Stack to Allokit + similar tools) created some talent turnover. 3 - [DAO] Kevin + other Gitcoin stewards to explore how to create long term economic partnerships with Allo builders. 4 - [DAO] We ALL become live players 1 + build Gitcoin 2.2 together. 5 - [Foundation] Mathilda is currently stewarding Gitcoin Citizens. We all need to rally around & empower her to be successful in navigating forward! Starting here 8.

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Further details are in the linked Governance/Discussion Post

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Vote Earmark 6.9M to GTC Citizens Do Not Earmark 6.9M to GTC Cititzens Abstain