The Arbitrum on Gitcoin program results :blue_heart:

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The Arbitrum community positively embraced the Gitcoin Grant Programs, participating in strategic funding allocation through Quadratic Voting and supporting a variety of projects with increased funding due to community donations. The program's success in fair fund distribution and community engagement suggests a strong commitment to growing the Arbitrum ecosystem, with plans to maintain involvement and communication for future initiatives.

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.

Posted a month ago

Last reply a month ago

Summary updated 10 days ago

Last updated 04/12 00:18