The Seasons Proposal discussed allocating GTC to the recipients of grants in the ‘Gitcoin Builds Gitcoin’ category. This proposal looks to ratify this one-time allocation for GR10.
We’re posting this proposal in parallel to the Seasons proposal based on forum feedback & community discussion. This proposal is a one-off incentive to help dogfood grants which support the GitcoinDAO.
We anticipate that this proposal will serve as a first step towards further allocation of treasury funds towards important causes across the Gitcoin ecosystem.
The “Gitcoin builds Gitcoin” grants category was initially proposed to help bootstrap infrastructure and tooling that will support the GitcoinDAO. At the same time, Gitcoin DAO treasury holds a large amount of GTC meant to be used to develop Gitcoin. This proposal looks to utilize a portion of this allocation and distribute it to any grants that qualify within ‘Gitcoin Builds Gitcoin’.
As examples, Grants like Treasury Strategy for Gitcoin and Memes, Merch, Marketing are included in this category. The overall goal of this program is to provide funding for teams, projects and ideas that make GitcoinDAO easier to use, more accessible, and more decentralized.
Allocate a one-time grant of 20,000 GTC to the ‘Gitcoin builds Gitcoin’ GR10 category.
Note, this allocation could also be 10,000 GTC (which would be closer to the total amount of GR10 Matching to the ‘Gitcoin Builds Gitcoin’ ($50k matching and ~10k in contributions))
- These funds will be allocated from the Community Treasury.
- The funding will be allocated to grants in the ‘Gitcoin builds Gitcoin’ category pro-rata using the same quadratic formula as matching pool funds.
- Looking forward to future grants rounds, this funding will encourage the community to create grants for the Gitcoin builds Gitcoin category, resulting in more active development of both core and periphiral infrastructure for the GitcoinDAO.
Allocate 10k or 20k GTC from the Community Treasury to the ‘Gitcoin builds Gitcoin’ GR10 category in order to accelerate development of tooling and infrasturcture for the GitcoinDAO.