🆕 Gitcoin Restructures GG24: Fewer Domains, $1.3M Funding, Decentralized Selection via Snapshot
Gitcoin is restructuring GG24 to focus on fewer, higher-quality domains with at least $1.3M in funding, using a decentralized, multi-mechanism approach where GTC holders select domains via Snapshot voting, and community members can submit sensemaking reports by August 15, 2024. The initiative aims to increase impact and decentralization, but there has been no recorded community discussion or specified next actions.
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Gitcoin is restructuring GG24 to focus on fewer, higher-quality domains with at least $1.3M in funding, using a decentralized, multi-mechanism approach where GTC holders select domains via Snapshot voting, and community members can submit sensemaking reports by August 15, 2024. The initiative aims to increase impact and decentralization, but there has been no recorded community discussion or specified next actions.
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🆕 Optimism Security Council requests 346,920 OP funding in Voting Cycle #40 for Season 7 workload
This is about the schedule and process for Voting Cycle Roundup #40, including a funding request from the Optimism Security Council (OPSC) for 346,920 OP due to increased workload in Season 7, with voting and veto periods clearly defined between July 31st and August 27th, 2024. There are no community reactions so far, and the main benefits are transparent governance and structured decision-making, while the main cost is the potential impact on the DAO’s operating budget.
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This is about the schedule and process for Voting Cycle Roundup #40, including a funding request from the Optimism Security Council (OPSC) for 346,920 OP due to increased workload in Season 7, with voting and veto periods clearly defined between July 31st and August 27th, 2024. There are no community reactions so far, and the main benefits are transparent governance and structured decision-making, while the main cost is the potential impact on the DAO’s operating budget.
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🆕 Gitcoin proposal: use Hypercerts and Dedicated Domain Allocation to require cost breakdowns and Benefit–Cost ratios, programmatic GG24 matching (Snapshot vote Aug 22–29)
A proposal by thedevanshmehta would use Hypercerts and a Dedicated Domain Allocation (DDA) to require transparent cost breakdowns and measurable outputs (Benefit–Cost ratios) from Web3 popups and residencies, programmatically distributing GG24 matching funds and enabling cofunding by donors, participants, and local citizens to standardize impact-driven funding. Benefits: clearer accountability, more efficient allocation, and diversified revenue sources; costs/risks: organizer willingness and feasibility are uncertain and GG24 funding must remain under 30% per applicant; community reaction is limited but focused, with owocki asking about organizer buy‑in and contingent funding amounts; domain vote is on Snapshot from 2023-08-22 to 2023-08-29 and domains are to be announced on 2023-09-01.
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A proposal by thedevanshmehta would use Hypercerts and a Dedicated Domain Allocation (DDA) to require transparent cost breakdowns and measurable outputs (Benefit–Cost ratios) from Web3 popups and residencies, programmatically distributing GG24 matching funds and enabling cofunding by donors, participants, and local citizens to standardize impact-driven funding. Benefits: clearer accountability, more efficient allocation, and diversified revenue sources; costs/risks: organizer willingness and feasibility are uncertain and GG24 funding must remain under 30% per applicant; community reaction is limited but focused, with owocki asking about organizer buy‑in and contingent funding amounts; domain vote is on Snapshot from 2023-08-22 to 2023-08-29 and domains are to be announced on 2023-09-01.
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🆕 Gitcoin proposal "Metafunding" to professionalize public‑goods funding via research, datasets, evaluators, prediction markets and simulations — ~$30k committed, aiming ≥$50k with $15k Seer match
DavidDAO proposes a “Metafunding” Gitcoin Grants domain to professionalize public goods funding (PGF) by funding peer-reviewed research, open datasets, evaluator capacity, prediction markets (Seer/Recerts/Hyperstaker), and simulation benchmarking (Simocracy) to reframe PGF as a high‑ROI infrastructure rather than charity. Benefits: improved mechanism ROI, shared data, stronger evaluator capacity, and faster feedback loops; costs/risks: initial budget (~$30,000 committed, aiming for ≥$50,000), potential donor centralization and mechanism–donor disconnect that need validation; community reaction is limited but constructive (2 replies) with interest in market‑based evaluation and an offered $15,000 Seer One match/subsidy.
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DavidDAO proposes a “Metafunding” Gitcoin Grants domain to professionalize public goods funding (PGF) by funding peer-reviewed research, open datasets, evaluator capacity, prediction markets (Seer/Recerts/Hyperstaker), and simulation benchmarking (Simocracy) to reframe PGF as a high‑ROI infrastructure rather than charity. Benefits: improved mechanism ROI, shared data, stronger evaluator capacity, and faster feedback loops; costs/risks: initial budget (~$30,000 committed, aiming for ≥$50,000), potential donor centralization and mechanism–donor disconnect that need validation; community reaction is limited but constructive (2 replies) with interest in market‑based evaluation and an offered $15,000 Seer One match/subsidy.
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🆕 Moonwell outlines process to return overclaimed Pre-Bug Remediation rewards for Base Safety Module; limited discussion (3 replies, NickyB requested instructions)
This is about addressing overclaimed “Pre-Bug Remediation Rewards for the Base Safety Module” and establishing a clear process for returning those excess rewards to preserve trust and fairness; doing so benefits community confidence but requires operational follow-up and administrative effort to remediate the overclaims. Community engagement is limited (3 replies) and includes at least one member (NickyB) actively requesting instructions to return the overclaimed rewards.
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This is about addressing overclaimed “Pre-Bug Remediation Rewards for the Base Safety Module” and establishing a clear process for returning those excess rewards to preserve trust and fairness; doing so benefits community confidence but requires operational follow-up and administrative effort to remediate the overclaims. Community engagement is limited (3 replies) and includes at least one member (NickyB) actively requesting instructions to return the overclaimed rewards.
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🆕 Gitcoin proposal: $20K to build open-source DAO Starter Kit with SybilShield (Passport, BrightID, Proof of Humanity) for one‑click deployments — 6‑month roadmap, no community discussion
- Proposal to build an open-source DAO Starter Kit and SybilShield identity toolkit integrating Gitcoin Passport, BrightID, and Proof of Humanity to enable one-click DAO deployment, pre-built smart contract templates, governance guides, and fair participation in Gitcoin Grants, thereby expanding public goods adoption and lowering barriers for builders. \n- Requested budget is $20,000 (Development $10,000; Documentation $4,000; Testing/workshops $4,000; Outreach/translations $2,000), roadmap spans a 6-month rollout, and there have been no community discussions to date.
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- Proposal to build an open-source DAO Starter Kit and SybilShield identity toolkit integrating Gitcoin Passport, BrightID, and Proof of Humanity to enable one-click DAO deployment, pre-built smart contract templates, governance guides, and fair participation in Gitcoin Grants, thereby expanding public goods adoption and lowering barriers for builders. \n- Requested budget is $20,000 (Development $10,000; Documentation $4,000; Testing/workshops $4,000; Outreach/translations $2,000), roadmap spans a 6-month rollout, and there have been no community discussions to date.
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🆕 Andrew Saul proposes Jupiter grants to fund Solana "vibe coding" apps on devfunpump and poofnew — aims to attract builders but risks inconsistent outcomes and lacks community discussion
- Andrew Saul proposes a grants scheme to fund builders creating apps that use Jupiter services on Solana “vibe coding” platforms, primarily devfunpump (leader) and poofnew. \n- Benefits: attract skilled Solana creators, increase content and app experimentation, and possibly produce a breakout Jupiter-integrated app; costs/risks: outcomes may be inconsistent due to widely varying integration depth, and there have been no community discussions.
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- Andrew Saul proposes a grants scheme to fund builders creating apps that use Jupiter services on Solana “vibe coding” platforms, primarily devfunpump (leader) and poofnew. \n- Benefits: attract skilled Solana creators, increase content and app experimentation, and possibly produce a breakout Jupiter-integrated app; costs/risks: outcomes may be inconsistent due to widely varying integration depth, and there have been no community discussions.
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🆕 Gitcoin proposal requests $25k for EPIC Awards platform setup; raises budget-alignment and overhead concerns, owocki suggests token-swap alternative contingent on policy ratification
The proposal requests $25,000 for custom platform setup, support, and operations for the EPIC Awards (Ethereum People’s Choice Awards — Powered by Pairwise), which could enable event/platform readiness but raises budget-alignment concerns relative to the “TEMP CHECK Fair Fees for GG24” discussion and may carry the cost of higher-than-expected overhead. Community reaction is limited (one reply from owocki), calling out the high fee and suggesting a potential token-swap funding alternative contingent on policy ratification.
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The proposal requests $25,000 for custom platform setup, support, and operations for the EPIC Awards (Ethereum People’s Choice Awards — Powered by Pairwise), which could enable event/platform readiness but raises budget-alignment concerns relative to the “TEMP CHECK Fair Fees for GG24” discussion and may carry the cost of higher-than-expected overhead. Community reaction is limited (one reply from owocki), calling out the high fee and suggesting a potential token-swap funding alternative contingent on policy ratification.
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🆕 MakerDAO: PhoenixLabs requests Spell to transfer 800,000 USDS to Spark Foundation as monthly Genesis grant—no community discussion
PhoenixLabs requests the upcoming Spell include a transfer of 800,000 USDS to Spark Foundation (recipient 0x92e4629a4510AF5819d7D1601464C233599fF5ec) as the monthly grant ennoscriptment referenced in Atlas section A.2.9.1.2.2.5.4.1. \nThis action executes the agreed 3-month grant from the Genesis Capital Allocation (from TGE), costing 800,000 USDS for this month, and there has been no community discussion.
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PhoenixLabs requests the upcoming Spell include a transfer of 800,000 USDS to Spark Foundation (recipient 0x92e4629a4510AF5819d7D1601464C233599fF5ec) as the monthly grant ennoscriptment referenced in Atlas section A.2.9.1.2.2.5.4.1. \nThis action executes the agreed 3-month grant from the Genesis Capital Allocation (from TGE), costing 800,000 USDS for this month, and there has been no community discussion.
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🆕 Gitcoin proposal: Pond-powered domain to fund Ethereum AI projects via expert-judged, chatbot-updatable 6‑month milestone streaming
- Proposal to create a Pond‑powered Gitcoin domain for Ethereum projects that plan to integrate AI, using expert judges (Devansh Mehta, Bill Shi, Davide Crapis + others) to source winners, require each applicant to provide an updatable LLM/chatbot URL for conversational judging over a 6‑month period, and stream funding based on milestone-queriable chatbot updates. \n- Benefits: accelerates practical AI adoption on Ethereum, improves evaluation transparency, mentorship, and follow‑on funding; Costs/risks: excludes teams without existing LLM capability and imposes ongoing maintenance and milestone requirements; community reaction: no discussions reported.
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- Proposal to create a Pond‑powered Gitcoin domain for Ethereum projects that plan to integrate AI, using expert judges (Devansh Mehta, Bill Shi, Davide Crapis + others) to source winners, require each applicant to provide an updatable LLM/chatbot URL for conversational judging over a 6‑month period, and stream funding based on milestone-queriable chatbot updates. \n- Benefits: accelerates practical AI adoption on Ethereum, improves evaluation transparency, mentorship, and follow‑on funding; Costs/risks: excludes teams without existing LLM capability and imposes ongoing maintenance and milestone requirements; community reaction: no discussions reported.
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🆕 Uniswap Cycle 4: pay up to 15 delegates $6k/month (540k UNI total) for ≥80% voting and transparent rationales; second $3k tranche requires ≥1,000 UNI self‑delegation
Cycle 4 of the Uniswap Delegate Reward Initiative is a 6‑month program paying up to 15 delegates up to $6,000/month in UNI (total budget $540,000 UNI) to reward ≥80% onchain/offchain voting participation and transparent vote rationales, with the second $3,000/month tranche conditional on maintaining ≥1,000 UNI delegated to oneself; benefits include stronger quorum, clearer incentives and accountability, while the cost is the $540,000 UNI allocation and a higher barrier for smaller/new delegates.
Community support is strong on Snapshot with 144 voters and 18,609,020.62 votes cast (For: 17,605,914.15; Against: 0; Abstain: 1,003,106.47); if passed, the Accountability Committee receives funds, a one‑week application window opens, and monthly verification/disbursements commence.
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Cycle 4 of the Uniswap Delegate Reward Initiative is a 6‑month program paying up to 15 delegates up to $6,000/month in UNI (total budget $540,000 UNI) to reward ≥80% onchain/offchain voting participation and transparent vote rationales, with the second $3,000/month tranche conditional on maintaining ≥1,000 UNI delegated to oneself; benefits include stronger quorum, clearer incentives and accountability, while the cost is the $540,000 UNI allocation and a higher barrier for smaller/new delegates.
Community support is strong on Snapshot with 144 voters and 18,609,020.62 votes cast (For: 17,605,914.15; Against: 0; Abstain: 1,003,106.47); if passed, the Accountability Committee receives funds, a one‑week application window opens, and monthly verification/disbursements commence.
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🆕 Morpho approves MIP 115: 50% MORPHO rewards for Spark USDC on Coinbase‑integrated markets, capped at $1B
- This approves MIP 115 to grant 50% of the standard MORPHO reward rate to Spark USDC deposits in Coinbase‑integrated markets, capped at total deposits of $1,000,000,000, to incentivize lending supply and accelerate adoption of the Coinbase borrow integration.
- Expected benefits are increased USDC liquidity, higher depositor yields and deeper market depth; costs are limited token incentives up to the $1B cap, and the proposal passed with strong support (10 voters, 2,862,486.62 votes cast: For 2,642,494.24; Against 0; Abstain 220,992.38).
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- This approves MIP 115 to grant 50% of the standard MORPHO reward rate to Spark USDC deposits in Coinbase‑integrated markets, capped at total deposits of $1,000,000,000, to incentivize lending supply and accelerate adoption of the Coinbase borrow integration.
- Expected benefits are increased USDC liquidity, higher depositor yields and deeper market depth; costs are limited token incentives up to the $1B cap, and the proposal passed with strong support (10 voters, 2,862,486.62 votes cast: For 2,642,494.24; Against 0; Abstain 220,992.38).
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🆕 Gnosis DAO poll: update Gnosis Pay cashback to 8% (+1% OG), 1,000 GNO eligibility, logarithmic weekly caps and 5,000 GNO budget — community largely critical
A governance poll asks whether Gnosis DAO should continue and update the Gnosis Pay Cashback Programme (GIP-131) to raise max cashback to 8% (+1% for OG NFT holders), increase eligible GNO holdings to 1,000, implement logarithmic weekly spend caps, enforce anti-gaming rules, limit the budget to 5,000 GNO (expected to run until depletion), and distribute weekly in GNO on Gnosis Chain; benefits claimed are fairer distribution, longer budget lifespan, and stronger GNO-holding incentives, while costs include a smaller budget, tighter caps, greater complexity, potential reduced attractiveness versus staking/validator returns, and risk of user churn. \nCommunity reaction across 47 replies is largely critical—members question practicality, sustainability, cap frequency, and misalignment with staking/validator incentives, and propose alternatives or broader incentives.
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A governance poll asks whether Gnosis DAO should continue and update the Gnosis Pay Cashback Programme (GIP-131) to raise max cashback to 8% (+1% for OG NFT holders), increase eligible GNO holdings to 1,000, implement logarithmic weekly spend caps, enforce anti-gaming rules, limit the budget to 5,000 GNO (expected to run until depletion), and distribute weekly in GNO on Gnosis Chain; benefits claimed are fairer distribution, longer budget lifespan, and stronger GNO-holding incentives, while costs include a smaller budget, tighter caps, greater complexity, potential reduced attractiveness versus staking/validator returns, and risk of user churn. \nCommunity reaction across 47 replies is largely critical—members question practicality, sustainability, cap frequency, and misalignment with staking/validator incentives, and propose alternatives or broader incentives.
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🆕 Proposal to apply TNFR to model GMX V2’s GLV as a coherent macronode with Python package to measure phase coherence, EPI and regime criteria
naiqun proposes applying TNFR (Theory of Resonant Fractal Nature) to model GMX V2’s GLV as a coherent macronode—with a computable mathematical framework and Python package—to measure EPI, structural frequency νf, ΔNFR, phase/alignment (ρ, Si) and regime criteria (self‑organisation, mutation, transition) and to privilege phase coherence over price-distribution assumptions. \n\nBenefits: earlier anticipation of regime changes, improved legibility and operational control complementing SHIFT; costs/risks: requires new operational practices and interpretation frameworks focused on phase alignment rather than conventional price metrics; community reaction: no discussions to date.
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naiqun proposes applying TNFR (Theory of Resonant Fractal Nature) to model GMX V2’s GLV as a coherent macronode—with a computable mathematical framework and Python package—to measure EPI, structural frequency νf, ΔNFR, phase/alignment (ρ, Si) and regime criteria (self‑organisation, mutation, transition) and to privilege phase coherence over price-distribution assumptions. \n\nBenefits: earlier anticipation of regime changes, improved legibility and operational control complementing SHIFT; costs/risks: requires new operational practices and interpretation frameworks focused on phase alignment rather than conventional price metrics; community reaction: no discussions to date.
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🆕 Gitcoin proposal: Butter to seed 10–15 InfoFi markets aiming 1M+ volume by 2026; community urges narrowing to 3–5 archetypes and publishing compliance, runway and measurement plans
A proposal by Butter to run a Market Discovery Program to seed 10–15 crypto information markets and scale winners toward 1,000,000+ combined non-sports/non-election market volume (and visible institutional/media usage) by early 2026 aims to validate 3–5 repeatable InfoFi market templates that could improve funding, forecasting, and governance across L2s/DAOs. Key benefits are potential shared infrastructure and better decision-making tools; key costs/risks are policy/legality hurdles, subsidy dependency, KPI gaming/manipulation, data integrity and execution risk, and the community (score 12/14) urges narrowing to 3–5 market archetypes with named partners, publishing a post-subsidy runway, compliance plan, and a rigorous measurement/resolution framework.
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A proposal by Butter to run a Market Discovery Program to seed 10–15 crypto information markets and scale winners toward 1,000,000+ combined non-sports/non-election market volume (and visible institutional/media usage) by early 2026 aims to validate 3–5 repeatable InfoFi market templates that could improve funding, forecasting, and governance across L2s/DAOs. Key benefits are potential shared infrastructure and better decision-making tools; key costs/risks are policy/legality hurdles, subsidy dependency, KPI gaming/manipulation, data integrity and execution risk, and the community (score 12/14) urges narrowing to 3–5 market archetypes with named partners, publishing a post-subsidy runway, compliance plan, and a rigorous measurement/resolution framework.
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