GG23 Pre Ratification Proposal

We propose to set the matching funds for GG23 as follows: $1.348M total from the Gitcoin.eth multisig. This proposal is to pre-ratify the allocation of funds to expedite the process and ensure a smooth and efficient round execution.

After the post-round review, 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 $1.2M will be distributed across the following OSS Program Rounds:

Quadratic Funding Web3 Infrastructure Round: $200k (matching cap: 10%) dApps & Apps: $200k (matching cap: 5%) Developer Tooling & Libraries: $200k (matching cap: 10%) GG23 Sybil Analysis and Matching Calculation Strategy In GG20, we introduced a two-pronged sybil analysis strategy, outlined in detail in this post. 1 It has shown to be incredibly effective as a strong strategy in our Quadratic Funding rounds. We will continue to drive forward with this strategy for GG23, finalizing each of the above rounds using the calculator that uses the approach of combining Passport’s Model Based Detection and COCM.

TL;DR: Passport’s MBD: This system analyzes the on-chain history of addresses and compares it to the historical data of known human and sybil addresses. Based on this comparison, the model assigns each address a score ranging from 0 to 100, where a score closer to 0 indicates a higher likelihood of the address being a sybil, and a score closer to 100 suggests a higher probability of the address belonging to a genuine human user.

COCM: COCM takes Quadratic Funding (QF) to the next level by tackling its biggest challenge—manipulation through fake accounts and coordinated groups. By analyzing how connected donors are, COCM ensures that projects with genuine, diverse community support get the most matching funds. This method not only promotes fairness but also reflects the true values of the community, giving round operators more accurate insights into what their network really supports. Read this blog post for more in-depth information.

We are exploring potential updates to Passport’s engagement with GG23, which we will post on the forum if we go ahead with it.

Calculations occur directly after the round has been completed, posted to the forum in roughly a week after donations end. The results will be posted to the forum and open for comments for a week.

Retro Funding $600k towards a curated round of 30 top OSS projects.

More details on the OSS Program eligibility can be found here 9.

The Retro Funding round for GG23 was designed to support high-impact, mature projects based on their historical contributions to Gitcoin Grants and OSS.

For this round, a curated selection of 30 projects was identified using a force-ranked Elo rating system. This ranking was based on matching amounts received across at least 3 OSS rounds between GG18 and GG22. The goal was to recognize projects with sustained impact and strong community support over time.

This is a metrics-based round, so once the voting has been concluded, we will work closely with Open Source Observer to finalize the results, equally posting these to the forum for community input before conducting payouts.

Community Rounds The proposed matching funds of $130k will be distributed across the selected Community Rounds 2.

Experimentation We are equally requesting an additional $18k for a GTC Utility experiment 3.

Current Matching Pool Status The Matching Pool is heavily denominated in ETH, which has experienced significant volatility over the past year. We are actively working with Avantgarde to improve financial sustainability while managing market impacts.

Moving forward, our strategy includes increasing our stablecoin allocation to reduce volatility, generate revenue on idle assets, and maintain upside potential through strategic ETH exposure, all while ensuring we can meet our dollar-denominated spending commitments.

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 GG23, totaling $1.348M. No, do not approve. No, follow the traditional process of ratification after the round. Abstain Please share your thoughts and vote in the comments below.

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