[GCP 017] Gitcoin Citizens Retroactive Funding Round

Yes agreed. Think this is an interesting use case for Hypercerts. Would love to explore this further - DM me!

1 Like

Appreciate the work and partnership youā€™ve put into this proposal @krrisis

Iā€™ll be voting yes on this in good faith that you will continue to work closely with product and support both the impact of the program and experimentation on the strategic variables to help further build out Gitcoinā€™s expertise beyond running QF rounds. To me, this is one of the most important secondary goals of this program beyond funding community engagement.

I would love to see themed categories that incorporate Allo and Passport. I think the Citizenā€™s round could be an AWESOME avenue for dev rel and Iā€™d love to see an experiment beyond more marketing/community oriented projects (which I still love obviously).

One thing that I did notice is that itā€™s costing $80/hr to mostly do admin tasks listed on the timesheet. Given your efforts to align with our product strategy, your work to maintain a dialogue of feedback on our product and your efforts to engage with community this may be warranted. That said, in honesty, this is a bit of a black box for me. I absolutely do not want to devalue your hard work! What I think will help bolster the ask would be to document and share your plans for community engagement and the experiments youā€™re planning to run with productā€™s buy-in. You could share this upfront and charge your time back or you could promise to share these once the proposal has passed (just spitballing here)

Given weā€™re currently building out a training program for round operators and the fact that iā€™m your friend and I care about you, Iā€™m not sure how this rate will hold up over time unless you continue to level up strategically. Making yourself an indispensable strategic consultant for programming like this at the org will be important for your own longevity and the longevity of the program.

That said, Iā€™ve been loving your progress on this and I am bullish to see how this initiative progresses as I think itā€™s an important program and playground for us atm.

4 Likes

Thanks so much for the vote of confidence Laura!

With the potential increase in available hours for impact and community engagement the goal is definitely to be more closely engaged with the core team and aligned with the product strategy.

Just in case you didnā€™t see this, there is some more detail in this doc on what this represents, but the goal is really to develop this further with the team. In that sense this document is already outdated. The call with you and Meg was very inspiring here, totally onboard now with the mix between impact & showcasing our platform capabilities - the signal boosting will be a great opportunity here. Just coming off another call with Meg and hope this is a first of many - goal is really to build these next rounds alongside you, and think through what makes most sense for us to do next.

Very curious to hear more on this and talk this through. Weā€™re definitely very open to more themes & categories!

My vote is Yes: Fund the Citizens Rounds for 153K GTC

In my opinion this is a very important initiative not only for rewarding and incentivizing community support for Gitcoin but also for the health of the DAO. As in the case of a DAO more engagement means more decentralization.

NOT everyone can be a Gitcoin core contributor BUT everyone can be a Gitcoin Citizen (and it also means the possibility of be compensated for your effort).
And in my opinion, this is something we were missing for some time. And this is really great.
For me Gitcoin has been always the place where everyone is welcome in the Web3, a place to experiment and learn. And this initiative is very aligned with this.

On the other hand, a Gitcoin Citizens round also signals what is important for the community.

Finally, running a Round takes a lot of work/hours. And this is something I have been aware after doing the training from Green Pill. And so, I find the budget asked is fair.

2 Likes

I will be voting in favor of this.

Some thoughts on this specific proposal:

  1. Glad to see us doubling down on RPGF.
  2. The overhead on this specific proposal is high relative to the amount going to the Citizens. We should target no more than 10% overhead. IMO we should solve this either by allocating more to citizens or by becoming more efficient in how the rounds are run.
  3. We know from this post that there are at least four components to designing a voting strategy:
  • Impact Vector: Identifying the specfic type of impact you want to amplify over time.
  • Distribution Curve: Determining how flat or skewed the eventual distribution of tokens to projects should be.
  • Eligibility Criteria: Establishing parameters to determine which projects qualify.
  • Award Function: Creating a formula or rubric to equate impact with profit.

Itā€™d be great to have Gitcoin governance more involved in deciding these things.

Some strategic thoughts on RPGF + Gitcoin Citizens in the future:

  1. Gitcoin workstreams total $700k/mo ( $2.1m/quarter)ā€¦ Doing a $50k citizens round/quarter feels like a paltry amount compared to the amount done via workstreams. We should double down on Citizen rounds then we should double down again . Then double down again.
    • Over time I hope to see an upward spiral emerge where Gitcion invests more into its outter community, and the outward community invests more into gitcoin, and the cycle repeats.
    • The opposite of the above upward spiral is a downward spiral where Gitcoin does not invest in its outer community, so the only peopple who are left are bad/net negative, and the cycle repeats. We should avoid this at all costs.
    • A community that I think is doing it right is Optimism. They have created a talent magnet and great brand for themselves with their continual RPGF rounds.
  2. When GitcoinDAO launched in May 2021, it had a treasury of 50m. Iā€™d love to see at least 10% of this treasury given out to citizens or other people who are not in workstreams via RPGF + Gitcoin Citizens Rounds. I may submit a proposal to earmark these funds in this way in the near future.
    • What would it look like if the primary way Gitcoin was funded was with Retroactive Funding + with Citizens rounds? (as opposed to the current GovernorBravo setup, which is dominated by workstreams and insiders). This is admittedly a provocative question. But our decentralization is progressive - I do not believe that making this transition is a good idea at this time, but I do believe that in the next 3-7 years using Gitcoin to fund Gitcoin should be a goal. I believe that this should be done not by lowering the compensation of insiders, but by elevating outsiders to the level of insiders (both in context level, accountability level, and funding levels).
  3. Iā€™d like to see multiple different citizens rounds happening. We should diversify round operators away from Kris/Umar and to a competing marketplace of diff Citizen Round Operators. Within this competing marketplace, some things Id like to see:
    • We should be building a strong expertise in running Grants programs. One of the memes coming out of 2024 planning Iā€™ve seen is that Grants = Growth. How can the Gitcoin ecosystem use the Citizens rounds to experiment with ways to use Grants for Growth? How can we create more expertise in how to use Grants + document that in a way that bleeds into how Round Operators coming from @sejalrekhanā€™s round manager training program run rounds in our ecosystem. How can we build a knowledgebase of best practices? A roadmap for what experiments our customers want to see? How can we learn in public?
    • As Gitcoin evolves from QF to many mechanisms, Iā€™d love to see citizens rounds run with a badgeholder type experiment like optimism does. Or with Conviction Voting. Or with SeaGrants. We should be experimenting with different ways to Fund What Matters at Gitcoin.
    • Over time, the citizens rounds should form a spectrum of (1) tried and true mechansims and (2) experimental mechanisms. From cradle to unicorn. For each different type of designing an impact voting strategy as @carlcervone lays out in this piece? Would it be possible to eventually traverse the entire design space using a pluralism of designs for Citizen rounds?
10 Likes

Iā€™ll also be voting yes on this and echo many of @Viriya 's comments. I think that aligning with product and program teams to continue to iterate on the format and impact of the citizenā€™s round will be a key part of sustainability and success ā€“ and look forward to doing so with you!

Wanted to add a bit of color to @owocki 's point on % spend compared to workstreams. The vast majority of Citizenā€™s funding goes to marketing and community efforts, which are a fraction of the total workstream cost ($[448k][S19 Proposal Amended] MMM S19 Budget Request) vs 2.1m). I think that broadening the citizenā€™s program beyond purely marketing/community efforts will also be key to scaling it!

4 Likes

I also see lots of data and fraud defense projects (not just marketing/community) in the results for round 2!

I agree that enabling the community to contribute deeper value beyond data, marketing, community, and education will be key to scaling up citizens rounds.

I know its possible because we see other ecosystems (like Optimism) successfullly enabling many ecosystem developers to build in & around their software ecosystems.

Once Grants Stack + Allo v2 are integrated and opened up to more community contributions, and if/when more work is put into developer relationsā€¦ I hope to see a lot more engineering/product grants in the citizens rounds.

4 Likes

I appreciate this initiative and will either vote ā€œyesā€ or ā€œabstainā€ depending on the eligibility criteria (I was a participant in the first Gitcoin citizenā€™s round).

On that note ā€“ Iā€™d love to see these rounds have a clearer set of eligibility criteria (eg, nominations) and potentially some means of helping voters differentiate among the various forms of impact.

I think this is what @owocki is getting at here:

Iā€™d like to see multiple different citizens rounds happening. We should diversify round operators away from Kris/Umar and to a competing marketplace of diff Citizen Round Operators.

Rounds could be run on specific axes like:

  • Technical vs community-focused contributions
  • Rising stars (newer citizens) vs hall of famers (OG citizens)
  • Insiders vs outsiders

Or in domains like data / sybil defense, governance, public goods meme generation, etc.

There could also be an interesting dynamic where if you ā€œwinā€ the round then you have to organize the next one (or maybe you can delegate it to someone else in your round).

7 Likes

I love this! Creating tight feedback loops between operators and participants feels like a great way to accelerate our learnings and create lots of education (and empathy.)

6 Likes

Thank you so so much for all these additional comments, super inspiring and a lot of food for thought.

Calling out this quote:

To me this is a great summary of what we hope to achieve with the Citizens Rounds. We are just getting started (still in the cradle), so we will definitely not be able to incorporate all the great ideas and experiments into our next round, but we are listening & absorbing, and hope to gradually evolve these, with all of you.

When it comes to defining the voting strategy thereā€™s a lot we can learn and already implement by spending more time with key stakeholders (thx for all the inspiration above :pray: - @ccerv1 weā€™d also love to hop on a call with you on this!). Weā€™ll combine this with a lot of deep dives with the product team to put our own products to the test and showcase all its possibilities.

Also taking note of the extra comment on overhead cost, some feedback on this here. Reading the ambitions as outlined above I think it makes sense to keep these in for now, as this goes beyond just running a regular round and will be spent on deep dialogue with the many stakeholders. I suggest we re-evaluate in between round #3 & #4 if these hours are being wisely spent, and will of course keep track of these.

With this we have enough Steward comments, so the next step would be to bring this to a vote.

Thank you for all the feedback, keep it coming!

3 Likes

This proposal is now live on Snapshot. You can vote by clicking this link here: Snapshot

2 Likes

i am trying to vote on this, and i am getting an error. another person in discord has the same issue, and i had this message when i tried to vote on the previous snapshot also. not sure where would be the best place to ask about this. i mentioned it in telegram, but no response so far. hereā€™s the error:

ā€œYour voting power could not be calculated. This is often due to a misconfigured strategy or an unresponsive RPC node involved in the strategy. If the problem persists, consider contacting the space admin or our support team on Discordā€

i have no idea what i could try to resolve this. hoping maybe someone has seen it before, and knows what the possible causes may be.

1 Like

I recommend opening a ticket with Snapshot in their Discord server. This worked for me last time I had this issue.

1 Like

I too am getting the same issue :confused: I had it for an earlier vote too, but it got resolved by itself the last time

This is an interesting question, and I wonder whether self-evaluation might be the best way to get started

ā€œI worked XX hours to create YY outcome. I value my time at ZZ/hr so the overall cost was ZZ*XX. I estimate the value of YY outcome as AA.ā€

This is a provocative question and reminds me of what Juan Benet suggested at Eth India, that the hypercerts team should pay themselves by PL buying their hypercerts

for citizens round to replace monthly salaries, we would need to see some development of tunable QF where the votes of workstream leads are valued more than a regular person.

3 Likes

thanks, i see someone in the Gitcoin discord asked Snapshot and this was their response:

ā€œThis is due to the error on Uniswap strategy that Gitcoin is using. We are already aware of this issue. As from the recent update, the Uniswap team is working on it. Appreciate your patience. We will let you know once we have it fixā€

In an update on this issue, I managed to vote without the same error appearing so it is resolved.

There is still 500k GTC voting power left for it to reach quorum and less than a day left, so I urge everyone to cast their vote today

2 Likes

This is a good question and something I debated over before casting my vote.

Although i too was a participant in the last round (and hopefully future rounds too), I decided to make a ā€˜forā€™ vote rather than abstain

The reasoning being that the proposal seeks to create a credibly neutral framework for rewarding anyone adding value to Gitcoin, as opposed to this being a proposal where i directly receive money . For example, @krrisis has rightly abstained since he is drawing remuneration from this proposal upon its successful passage

Curious to know others thoughts here

1 Like

This snapshot has closed and option 1 ā€œYesā€ has won.

The full text for the option was: Voting ā€œYes to fund the two rounds".

Metrics:
1,336 unique votes
~3.7M GTC tokens cast.

Thank you to the author for the proposal and to all the stewards and GTC token holders who cast their vote.

5 Likes