Thanks for a well thought out response.
Here it is: Grants Round 12 Governance Brief
Can you explain what the
Flagging Efficiency Estimate which was 140% for GR12
means? I can’t seem to find more details around why we moved to this instead of the tax (despite us not paying out the tax last time).
Hopefully that helps explain. I’ve asked Danilo with blockscience to explain here too.
I’ve added outcomes to the Key Results now. Originally, the O was the outcome and the KRs are the metrics or binary results to determine if we are moving towards the outcome. I’d love to hear some of your thoughts on good OKRs for FDD. I think the outcomes listed are clear outcomes and the key results are indeed metrics or output functions.
Most of our focus has been on the job at hand and we have definitely been light on communicating that work. We will work on a standard formating for an FDD dashboard of sorts this quarter in our “Mandate Delivery” squad.
I figured on this forum the addressable audience does understand “why decentralization”, but here is the quick explanation. Single points of failure are easily corrupted and remove optionality for all downstream participants of a system. Gitcoin grants is building public infrastructure for funding public goods.
This public goods funding process has two critical weaknesses which can be defended (sybil & collusion), but they require subjective reasoning. By expanding the inputs to both systems, we remove the ability for one actor to corrupt the system. At the same time, these algorithms learn to think like the community rather than the builder of the system.
I’m not sure what this is referencing? Our source council is the outcome owners of all the lower level outcomes. There is one council which currently has 9 members.
This would be great to include. GPG has expanded significantly now so I hope they will have the time to provide us feedback in the future. I even suggested having Nate, the GPG Grants Product Manager on our multisig to better connect us (This may not work because we want to separate the company and DAO).
Public Goods Funding workstream began running the Grants Operations for GR12, which was a core team function before. I ran the grants operations from GR8 to GR10. Then I was included in the weekly meetings for GR11. This is to say I had a consistent connection to them, but we could step up our post round satisfaction efforts directed to PGF.
Our mandate delivery squad will be looking into better metrics to more clearly communicate all these points during this upcoming season.
We will need to work with the PGF team in the future and will include them in our runbook going forward.