GR13 Matching Pool Allocations

This Snapshot vote is looking to finalize a decision around the Gitcoin Grants Round 13 allocations proposed and discussed in this forum post (https://gov.gitcoin.co/t/proposal-gitcoin-gr13-matching-pool-allocations/9915).

Abstract

Prior to Grants Round 12, the pool was governed by categories that assigned specific percentages of the pool to grants in specific disciplines or geographies.

In Grants Round 12, the community voted to run an experiment proposed by the Public Goods Funding workstream to test Vitalik’s theory that Quadratic Funding should be as effective at allocating funds as allocation via categories. By doing away with specific grant categories and having all grants listed together, we took a step towards simplifying and decentralizing matching.

On the whole, the Public Goods Funding workstream believes the experiment was a success – directionally, at the very least. We believe the experiment was helpful in getting funding to more grants without complaints from top earners, and allowed us to test our assumptions about removing categories.

A statement from the PGF workstream:

We don’t know for sure yet if the main pool approach works best long-term, but we do know that there were major benefits for a longer tail of grantees and that it exceeded our expectations despite bugs, and we think it’s worth trying again before we drastically change course. Vote

Voting

The forum post outlined three options – to continue with the cap at 2.5%, to continue with the cap at a different percentage (as proposed by the community), or a completely new community-led proposal, should anyone want to put a new structure forth. During the period the forum post was up, we did not receive any specific proposals for different percentages or structures to try in GR13.

As a result, we are structuring the vote as follows:

FOR: Repeat main pool with 2.5% cap

Stick to exactly what we did in GR12.

No individual grant’s matching contribution amount shall exceed 2.5% of the overall matching pool fund (i.e., $30K of the $1.2M pool).

AGAINST: Alternate proposal

Select this option if you have an alternate proposal you would like to table. Please post that proposal and all its associated details in the forum as soon as you vote.