What is this about?

The discussion revolves around the results of the Arbitrum on Gitcoin Grant Programs, which were designed to empower the Arbitrum community to co-create a grant program using Gitcoin's protocols. This initiative brought the Grants Stack to Arbitrum One and consisted of two main components: the Domain Round and the Grant Funding Fest. The Domain Round allowed the community to allocate funds to five strategic domains using Quadratic Voting, while the Grant Funding Fest involved a Grant Application Phase and a Donation Phase, where the community decided on the distribution of funds through quadratic funding.

How is the community reacting?

The community's response to the program has been overwhelmingly positive. Over 420 members participated in voting, with more than 1600 contributions during the Domain Round. The Grant Funding Fest saw over 2500 people donating, with 140+ applications received and 51 projects deemed eligible. The program's inclusivity for investors of different sizes was highlighted by Sahijeevan², and Blueweb⁶ appreciated the clarity of the eligibility criteria for projects. ZER8³ emphasized the program's goal to support all contributors to Arbitrum, based on certain criteria.

Why this is positive?

• Quadratic Funding increased the initial funding from 100,000 DAI to 120,000 DAI due to community donations.
• The community showed high interest in supporting new protocol ideas and was open to supporting new project types.
• The program successfully identified and mitigated Sybil attacks, ensuring fair funding allocation.
• The participation levels indicated a strong community desire to support various projects within the Arbitrum ecosystem.
• The program's structure allowed for the effective engagement of communities within the Arbitrum ecosystem, as seen in the Gaming Round.

Why this is negative?

We have not been able to determine whether this will be negative.

Next actions

• The community should continue to engage with the projects and initiatives that have been funded to foster a sustainable ecosystem within Arbitrum DAO.
• Any further rounds or follow-up actions from the program should be communicated to the community to maintain momentum and interest.