Hi,
We saw that the funds donated during the Gitcoin Beta round are sent straight to the wallet address specified during contract deployment. What’s stopping a few bad actors with Gitcoin passports from cycling the donations through a CEX and re-donating to themselves to maximise the matching pool? For example,
Donate $10 → Receive $10 → Cycle through a CEX → Donate the same $10 again → Rinse & Repeat
Is this possible?
Hi @inplco
It is absolutely forbidden action for funding (donating) to their own project. This is a sybil action, and would be identified and marked by anti-sybil check.
For more info, would like to invite gitcoin team to introduce.
Hi,
Can someone elaborate on what these anti-Sybil measures are? In particular, how can they catch the following scenario:
Donate $10 → Receive $10 → Cycle through a CEX → Donate the same $10 again → Rinse & Repeat
Last I checked, anyone can donate multiple times to a project and there is no way to associate transactions across CEXs. For example, if I like a project a lot, I can donate 1000$ from my passport address to it, ask the team to send the 1000$ that they just received to a CEX (to my exchange address of course), send it from the CEX back to my passport address, donate the same 1000$ again. Repeat. Perhaps I wouldn’t want to raise suspicion and only do it a few times. But a team can have access to multiple passport accounts and this can have an exaggerated effect.
I have also been trying to figure out what these antisybil measures are. I am unable to see any and I have found many instances throughout this last grant round.