Gitcoin
Gitcoin Citizens Retro #3 — Early Retrospective
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Gitcoin Citizens Retro #3 — Early Retrospective

Gitcoin Citizens Retro #3 distributed $54,451.88 to 61 contributors from 3,495 donors on Arbitrum, with analysis of donor behavior, token usage, and the retroactive funding mechanism for community contributions.

How did Citizens #3 round go?

The Gitcoin Citizens #3 round proved successful, distributing "$54,451.88 to 61 contributors from 3,495 donors on Arbitrum."

Final Donations

Key metrics included:

  • Sixteen citizens received over $1,000
  • Fifty-three citizens received over $500
  • Top grant: $1,700
  • Lowest grant: $300
  • Thirty-two grantees donated to other grantees ($5k total)

Donor Behavior

Analysis revealed distinct donation patterns: "3,495 donors in total; 1,300 (37%) donated to exactly one grantee; 930 (27%) donated to exactly ten grantees."

Most donors distributed funds evenly—1,096 split donations equally across projects, while 1,960 staggered by $1 or less.

Tokens Used

ETH and USDC dominated transactions, with eight top-performing grantees receiving approximately 70% of donations in USDC.

Application Process

Around 100 applications were submitted; 61 were accepted. Common rejection reasons included unclear descriptions, applications describing projects rather than individuals, and promises of future work without past accomplishments.

Overall Assessment

The retrospective indicated sensible donation distribution, equitable representation across various contributor types, and successful community engagement through the retroactive funding mechanism.


Source: Original post on Gitcoin Governance Forum

Tags

gitcoinretroactive-fundinggrantscommunity

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Updated: 4/19/2024