# [SECURITY] Emergency Governance: Delegate GTC to Veto Multisig
This is an extension to the "\[SECURITY] Emergency Governance: Temporary Transition to Multisig Execution" proposal that delegates the 12,508,498.0957571 GTC in the Gitcoin DAO treasury to 0x5743e35477363241300fcedc2f5eb0195f300817 - which is a 4/5 multisig that can act as a veto for treasury attacks.  
The delegates at 0x5743e35477363241300fcedc2f5eb0195f300817 would not weigh in on any vote except an attack on the treasury. 
This action serves as a veto on any proposal thats below 13m GTC, increasing the cost of an attack to be at least (13m GTC + 3m GTC in currently active stewards) = 16m GTC.  
# [SECURITY] Emergency Governance: Temporary Transition to Multisig Execution
## **TL;DR**
Gitcoin governance currently lacks an execution-layer veto or circuit breaker to prevent bad actors from executing governance attacks (https://arxiv.org/pdf/2406.15071). This creates a credible risk where a single malicious proposal could execute irreversible treasury actions.
**Action:**
* Gitcoin DAO has pre-emptively coordinated with the Gitcoin Foundation to bypass standard governance and move the funds to a new Treasury while we mitigate this issue (and Tally is being wound down) execution is being moved to a 4/5 multisig.
* Governance will continue to signal intent, with execution performed by the multisig. No changes are being made to the DAO governance at this point, and the bypass of current bylaws has been flagged as appropriate by the Foundation Constitution:Article 2, Section 4 restricts the Foundation from allocating or distributing DAO treasury assets without a DAO Resolution. However, this is a protective custody transfer, not an allocation or distribution. The funds are not being spent or disbursed. Article 5, Section 7 uses the word "disbursements" specifically, which implies spending, not a custodial move for protection.
Article 2, Section 4(b) also permits the Foundation to act without a DAO Resolution to comply with legal or other core requirements. Tally's shutdown is an independent operational necessity that creates exactly that requirement.
This is a **temporary emergency measure** to protect treasury assets while governance is hardened.
## **Why This Is Being Done Without a Vote**
Under Gitcoin’s Foundation bylaws and steward responsibilities, action can be taken without governance in the presence of material and time-sensitive risk to treasury assets.
Given the current design:
* No execution veto
* No circuit breaker
* Irreversible outcomes
Delaying mitigation to pass a governance proposal would itself introduce avoidable risk, by announcing these risks and plan we put the very mechanism we’re looking to thwart, we give would be attackers and option to carry out that plan ahead our own execution, as the timelock itself does not have the veto power to nullify the proposal.
## **The Risk**
Current system:
* Token-weighted voting (GTC)
* Timelock execution
* No veto or execution guardrails
This creates an asymmetry:
* An attacker needs **one successful proposal**
* Defense requires **continuous monitoring and timely response**
If quorum can be reached at a lower cost than the value of assets controlled, governance becomes economically attackable.
## **Immediate Action (Phase 1)**
**Execution Layer Change:**
* Transfer liquid treasury assets from Governor → Safe multisig
* Governance proposals remain active but function as:
* Signaling
* Instruction to multisig
**Multisig:**
* Modeled on Gitcoin’s existing matching pool custody
* Signers: trusted, distributed participants
## **What This Enables**
* **Execution-level veto capability**
* **Human verification before irreversible actions**
* Protection against:
* Low participation governance attacks
* Rapid accumulation of voting power
* Delegate or key compromise
## **Tradeoffs**
* Introduces a **temporary trusted execution layer**
* Reduces pure automatic onchain execution in the short term
This tradeoff is intentional: protecting assets takes precedence over automation under current conditions
## **What Happens Next (Phase 2)**
This is not the final state.
We will move toward a **hardened governance system**, including:
* Timelock improvements (reaction windows)
* Execution guardrails / circuit breakers
* Scoped treasury permissions
* Rate limits and spending controls
* Optionally delegate the GTC in the treasury to trusted community members using something like Franchiser: [https://github.com/uniswapfoundation/franchiser](https://github.com/uniswapfoundation/franchiser) or through a direct delegation
## **Path Back to Decentralization**
* **Short term:** Multisig protection
* **Medium term:** Hybrid governance + guardrails + constitutional updates
* **Long term:** Return to fully onchain execution once safe,.
The multisig will:
* Transition to an emergency backstop
* Or be removed entirely
## **Closing**
This action is being taken to mitigate a known governance risk and protect the Gitcoin treasury. Temporary trust is preferable to irreversible loss.
Further updates and a formal governance hardening plan will follow.
# REVOTE: Gitcoin DAO 2026 Budget Request [First Tranche]
## TL;DR
This seeks funding for DAO operations through January 2026 - December 2026, funds released in two tranches. The DAO 2026 Strategy presents an integrated approach to governance, builder engagement, and ecosystem growth, focusing on progressive decentralization and global expansion. We are requesting $1,053,469 from the treasury to execute this vision. We did not spend the reserves from the 2025 budget, therefore it will carry forward to the 2026 budget request.
Note: Grants Lab dissolved mid-2025, and in H2 of 2025 we moved into the Gitcoin 3.0 era; this request represents our evolved strategic direction.
***
**Vision**: A future where Ethereum funds its foundations and future through ecosystem coordination.
**Mission**: Fund What Matters.
***
## Current State & Progress
The DAO navigated significant organizational changes throughout 2025, focusing on stability, restructuring and financial sustainability:
* Maintained and took over essential organization operations through the Grants Lab spindown mid 2025
* Sustained Gitcoin Grants builder satisfaction rate at +80%
* Achieved our first domain-led GG round with minimal resources
* Initiated governance structure experiments
* Structurally adapted to meet a more financially sustainable model moving forward
These accomplishments, while modest, provide a foundation for our more ambitious 2026 plans. Gitcoin deliberately hit the brakes in 2025. We spun down burn, shed organizational debt, and returned to a founder-stewarded, lean network.
## Organizational Context
With the dissolution of Grants Lab mid-2025, and a shift towards Gitcoin 3.0 in H2 of 2025, the DAO has continued to operate on minimal resources within budget constraints, while restructuring for greater efficiency. The key changes that were made since the last budget request is as follows:
* Dissolution of Gitcoin’s business unit, Grants Lab
* A renewed focus on the Gitcoin Grants program
* A return of Kevin Owocki, leading the organization as Executive Steward
* A shift towards Gitcoin 3.0, building the infrastructure for pluralistic, domain-driven funding. The [first pilot was run in GG24](https://gov.gitcoin.co/t/mapping-problems-to-capital-insights-from-gitcoin-grants-24/24962)
* After three prior eras (PMF → QF scale → DAO/enterprise overreach), 2025 marked a reset: no organizational debt, lean core team, and strategic optionality.
[Gitcoin’s next era in 2026](https://gov.gitcoin.co/t/gitcoin-2026-strategy-tl-dr/25049) is organized around activating three reinforcing legs:
1. Alignment
Build coalitions that align technology, capital, and human thriving (e.g. public goods, d/acc, privacy, open source).
2. Alpha
Attract top-tier builders, founders, and funders — and develop the capability to spot early, high-upside opportunities.
3. Accelerate
Return to Gitcoin 0.1 velocity: lean teams, fast iteration, high-quality execution.
## 2025 Achievements
In the[ DAO’s last budget request](https://gov.gitcoin.co/t/passed-2025-budget-proposal-gitcoin-dao/19847), these key goals were outlined and tracked:
## Key Goals for 2025
### Governance
Goal/MilestoneStatusNotesUpdates to Governance Handbook: Define core principles and decision-making frameworks to guide progressive decentralization.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />Not completed as it was not set as a priority when the team restructured.Introduce a DAO Coordinator to oversee governance, context-sharing, and operational alignment.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />The DAO coordinator introduced operational alignment. Eventually the role was reduced in order to save on operational overhead.Attract and support builders through improved governance and community engagement.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />GG24 saw a steady 80% satisfaction from builders, and an increase in high quality applications.Decentralize governance processes, with 50%+ community-driven decisions by year-end.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Gitcoin’s 3.0 model is largely community-driven and we saw a significant increase in community participation during sensemaking szn for GG24, with 20+ proposals driven by the community. We plan to continue this community-led model in GG25.Onboard high-caliber stewards while fostering stronger DAO-to-DAO relationships.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />We experimented with paid delegates for the majority of 2025, which increased governance participation, but did not bear DAO-to-DAO relationships as we had aimed for. We dissolved this initiative.Execute a 2025 events strategy targeting APAC, SEA, and LATAM to expand builder engagement.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />We made the decision to reduce our engagement to only Devconnect in Buenos Aires, where we hosted Schelling Point and participated at the main event. We will revisit a wider events strategy in 2026, depending on budgetary constraints and expected outcomes.Execute a new governance strategy that includes engaging 5 high-context ecosystem-savvy paid delegates.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />An experiment that increased governance participation with leading ecosystem delegates. It, however, did not lead to the fruitful business goals we set out, therefore we spun down the initiative in 2025.
### Builder Engagement
By engaging and supporting builders, we’re directly increasing adoption and activity on Allo and within our GG rounds to support Gitcoin’s North Star.
Goal/MilestoneStatusNotesExpand Builder Community: Onboard 500+ new builders globally, with a focus on LATAM, APAC, and SEA.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />Our focus was mainly focused on attracting and onboarding high quality builders in GG24, deciding not to actively expand our scope yet to certain global areas. This can be revisited in 2026.Promote Accessible Funding: Encourage 100+ Gitcoin Community Proposals (GCPs) and Requests for Proposals (RFPs).<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />We no longer actively encourage GCP’s and RFP’s due to budgetary constraints.Support Innovation: Enable MVP development through hackathons and bounties to showcase Allo’s potential.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />Allo’s strategy intertwined with Gitcoin was not followed through as the Allo team took on its own goals internally instead.
Our strategy was adapted to the shift into a Gitcoin 3.0-led GG24, which was predominantly domain-led. In order to attract and retain high quality builders, we sought the correct domains to fund first. We achieved a coalitional funding goal of having +50% of gitcoin.eth’s matching being matched by outside funders.
### Regional Events
Goal/MilestoneStatusNotesHost 3+ Regional Events: Engage builders in LATAM, APAC, and SEA through hackathons, workshops, and community meetups.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />We hosted Schelling Point in Buenos Aires during Devconnect, participated in the main event where we were able to create some IRL time builders and community members. We decided to keep our engagement to one event for budgetary reasons.Amplify Ecosystem Awareness: Ensure 70% of attendees understand Gitcoin’s broader ecosystem.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Launched Gitcoin 3.0 at Devconnect main as well as Schelling Point in Buenos Aires, focusing on amplifying the new direction of Gitcoin.Promote Local Innovation: Partner with local organizations to co-create impactful funding experiments.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Ran a partnership with Funding the Commons in Buenos Aires, co-hosting an impactful PGF-focused event in LATAM.
The budget requested for January 2025 - December 2025 was $808,098 from the treasury ($673,415 + 20% reserves) to execute this vision. The DAO’s spend for 2025 was $617,434.
We are not requesting 20% reserves for 2026, as we still have it leftover [in the SAFE](https://etherscan.io/address/0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0) from the 2025 budget.
## Budget Request
The DAO remains focused on stewarding Gitcoin 3.0’s brand, community and governance in support of the overall growth and financial sustainability of the Gitcoin ecosystem.
We are requesting $1,053,469 from the treasury to execute this vision. We did not spend the reserves from the 2025 budget, therefore it will carry forward to the 2026 budget request.
We will post updates and progress on the forum every quarter to ensure that the DAO is staying on track with accountability and progress throughout H1.
A full breakdown of the budget can be found below.
NOTE: The below budget is in addition to a [$250k slush fund](https://etherscan.io/address/0x74D3d473a44BC6B2B806861bE511D52e2Ce530AF) to be allocated to Kevin Owocki’s discretionary budget and quarterly reporting.
Budget Breakdown and Team Structure
RoleStatusFocus AreaChief of Staff & Head of OpsFull-timeOperationsStrategic PartnerPart-timeStrategySecurity ConsultantPart-timeTechnical SecurityIndividual ContributorsPart-timeCommunity
Additional support includes:
* Marketing & design consultation
* Team Tiger strategic support
* Regional coordination resources
* External contributor incentives
[<img height="166" width="690" alt="Screenshot 2026-01-25 at 19.01.09" src="https://gov.gitcoin.co/uploads/db4391/original/3X/7/2/72328367396faf4d2d4860b6cb9ced9b2712fb65.png" />Screenshot 2026-01-25 at 19.01.091306×316 27.1 KB](https://gov.gitcoin.co/uploads/db4391/original/3X/7/2/72328367396faf4d2d4860b6cb9ced9b2712fb65.png "Screenshot 2026-01-25 at 19.01.09")
Venture Scale Bets above covers funding allocated towards Kevin Owocki’s credits for various bets throughout the year, and campaigns supporting those bets, in line with the 3.0 strategy, where he will articulate business case, KPI’s and do a retro on each bet and how the funds were spent.
[<img height="426" width="690" alt="Screenshot 2026-01-25 at 19.02.35" src="https://gov.gitcoin.co/uploads/db4391/optimized/3X/6/d/6d5005dfa8b081830a8e12a76c3df9e0c0150bb4_2_690x426.png" />Screenshot 2026-01-25 at 19.02.351208×746 20.7 KB](https://gov.gitcoin.co/uploads/db4391/original/3X/6/d/6d5005dfa8b081830a8e12a76c3df9e0c0150bb4.png "Screenshot 2026-01-25 at 19.02.35")
### Detailed Cost Categories
Head Count - Core Team ($404,170)
* Full-time leadership and coordination roles
* Part-time specialized expertise
* 3.0 Execution and oversight
Consultants ($60,186)
* Strategic advisory services
* Marketing and design expertise
* Technical infrastructure support where needed
* Regional coordination
Software and Subscriptions ($80,097)
* Governance tools and infrastructure
* Community engagement platforms
* Security and compliance tools
* Program management resources
Travel ($9,000)
* Event attendance
Note: We will be moving to a GCP model for larger event budget requests - holding ourselves accountable to the community for one-off events and rationale.
Venture Scale Bets ($500,000)
* Funding allocated towards Kevin Owocki’s venture scale bets for various bets (and campaigns that support the venture scale bets) throughout the year in line with the 3.0 strategy, where he will articulate business case, KPI’s and do a retro on each bet and how the funds were spent.
### Quarterly Budget Distribution
The budget allocation reflects our strategic priorities across four quarters:
* Q1: $241,029
* Q2: $296,445
* Q3: $281,921
* Q4: $234,075
Total Annual Request: $1,053,469
The budget will be released in two tranches.
The amount of GTC requested and the value of the reserves will be adjusted based on the current market value at the time this proposal is moved to Tally using the lower of the current price or the 20 day moving average, whichever is lower.
## Program Integration & Support
The DAO budget directly supports the execution of the Gitcoin 3.0 AAA Tripod Strategy:
Gitcoin’s next era is organized around activating three reinforcing legs:
1. **Alignment**
Build coalitions that align technology, capital, and human thriving (e.g. public goods, d/acc, privacy, open source).
2. **Alpha**
Attract top-tier builders, founders, and funders — and develop the capability to spot early, high-upside opportunities.
3. **Accelerate**
Return to Gitcoin 0.1 velocity: lean teams, fast iteration, high-quality execution.
Success requires activating all three legs together, with major activation points at:
* ETHBoulder (Q1)
* Gitcoin Grants 25 / GG25 (Q2)
* Devcon (Q4)
### The North Star (2026)
Attract builders, founders, and teams that create real impact and build sustainable businesses — and tell that story well enough that outside funders choose to fund Gitcoin.
Key 2026 KPIs
* Coalitional funding ratio:
* Baseline (GG24): 54% outside funding
* Target: 60–70% funded by external partners
* Network growth: +50% net new builders and funders
* Value capture (early):
* Yield-driven funding (e.g. Octant vaults)
* Paid partnerships / cost-covered builds
* Laying groundwork for longer-term upside participation
## Reporting Framework
We will provide quarterly updates focused on:
* Progress against 2026 goals
* Budget utilization metrics
* Gitcoin 3.0 milestone updates
* Community feedback synthesis
* Treasury management status
Feedback is welcomed on this budget request!
Voting Details
Once ready for a vote, this proposal will use the following options:
1 - Yes, fund the DAO
2 - No, fund the DAO
3 - Abstain
Should this vote be passed by GTC token delegates, funds will be deposited in two tranches into [EC’s multisig](https://etherscan.io/address/0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0), which has been repurposed as the DAO’s multisig.
**\[UPDATE]:** Due to current market conditions, we will be requesting our first budget tranche in stables (asset we use for payments) from the treasury rather than GTC. We are in the process of redeeming all assets from Avantgarde back into the treasury ahead of this. We’re concluded a 1 week community voting window ahead of making this proposal live.
# Gitcoin DAO 2026 Budget Request [First Tranche]
## TL;DR
This seeks funding for DAO operations through January 2026 - December 2026, funds released in two tranches. The DAO 2026 Strategy presents an integrated approach to governance, builder engagement, and ecosystem growth, focusing on progressive decentralization and global expansion. We are requesting $1,053,469 from the treasury to execute this vision. We did not spend the reserves from the 2025 budget, therefore it will carry forward to the 2026 budget request.
Note: Grants Lab dissolved mid-2025, and in H2 of 2025 we moved into the Gitcoin 3.0 era; this request represents our evolved strategic direction.
***
**Vision**: A future where Ethereum funds its foundations and future through ecosystem coordination.
**Mission**: Fund What Matters.
***
## Current State & Progress
The DAO navigated significant organizational changes throughout 2025, focusing on stability, restructuring and financial sustainability:
* Maintained and took over essential organization operations through the Grants Lab spindown mid 2025
* Sustained Gitcoin Grants builder satisfaction rate at +80%
* Achieved our first domain-led GG round with minimal resources
* Initiated governance structure experiments
* Structurally adapted to meet a more financially sustainable model moving forward
These accomplishments, while modest, provide a foundation for our more ambitious 2026 plans. Gitcoin deliberately hit the brakes in 2025. We spun down burn, shed organizational debt, and returned to a founder-stewarded, lean network.
## Organizational Context
With the dissolution of Grants Lab mid-2025, and a shift towards Gitcoin 3.0 in H2 of 2025, the DAO has continued to operate on minimal resources within budget constraints, while restructuring for greater efficiency. The key changes that were made since the last budget request is as follows:
* Dissolution of Gitcoin’s business unit, Grants Lab
* A renewed focus on the Gitcoin Grants program
* A return of Kevin Owocki, leading the organization as Executive Steward
* A shift towards Gitcoin 3.0, building the infrastructure for pluralistic, domain-driven funding. The [first pilot was run in GG24](https://gov.gitcoin.co/t/mapping-problems-to-capital-insights-from-gitcoin-grants-24/24962)
* After three prior eras (PMF → QF scale → DAO/enterprise overreach), 2025 marked a reset: no organizational debt, lean core team, and strategic optionality.
[Gitcoin’s next era in 2026](https://gov.gitcoin.co/t/gitcoin-2026-strategy-tl-dr/25049) is organized around activating three reinforcing legs:
1. Alignment
Build coalitions that align technology, capital, and human thriving (e.g. public goods, d/acc, privacy, open source).
2. Alpha
Attract top-tier builders, founders, and funders — and develop the capability to spot early, high-upside opportunities.
3. Accelerate
Return to Gitcoin 0.1 velocity: lean teams, fast iteration, high-quality execution.
## 2025 Achievements
In the[ DAO’s last budget request](https://gov.gitcoin.co/t/passed-2025-budget-proposal-gitcoin-dao/19847), these key goals were outlined and tracked:
## Key Goals for 2025
### Governance
Goal/MilestoneStatusNotesUpdates to Governance Handbook: Define core principles and decision-making frameworks to guide progressive decentralization.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />Not completed as it was not set as a priority when the team restructured.Introduce a DAO Coordinator to oversee governance, context-sharing, and operational alignment.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />The DAO coordinator introduced operational alignment. Eventually the role was reduced in order to save on operational overhead.Attract and support builders through improved governance and community engagement.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />GG24 saw a steady 80% satisfaction from builders, and an increase in high quality applications.Decentralize governance processes, with 50%+ community-driven decisions by year-end.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Gitcoin’s 3.0 model is largely community-driven and we saw a significant increase in community participation during sensemaking szn for GG24, with 20+ proposals driven by the community. We plan to continue this community-led model in GG25.Onboard high-caliber stewards while fostering stronger DAO-to-DAO relationships.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />We experimented with paid delegates for the majority of 2025, which increased governance participation, but did not bear DAO-to-DAO relationships as we had aimed for. We dissolved this initiative.Execute a 2025 events strategy targeting APAC, SEA, and LATAM to expand builder engagement.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />We made the decision to reduce our engagement to only Devconnect in Buenos Aires, where we hosted Schelling Point and participated at the main event. We will revisit a wider events strategy in 2026, depending on budgetary constraints and expected outcomes.Execute a new governance strategy that includes engaging 5 high-context ecosystem-savvy paid delegates.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />An experiment that increased governance participation with leading ecosystem delegates. It, however, did not lead to the fruitful business goals we set out, therefore we spun down the initiative in 2025.
### Builder Engagement
By engaging and supporting builders, we’re directly increasing adoption and activity on Allo and within our GG rounds to support Gitcoin’s North Star.
Goal/MilestoneStatusNotesExpand Builder Community: Onboard 500+ new builders globally, with a focus on LATAM, APAC, and SEA.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />Our focus was mainly focused on attracting and onboarding high quality builders in GG24, deciding not to actively expand our scope yet to certain global areas. This can be revisited in 2026.Promote Accessible Funding: Encourage 100+ Gitcoin Community Proposals (GCPs) and Requests for Proposals (RFPs).<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />We no longer actively encourage GCP’s and RFP’s due to budgetary constraints.Support Innovation: Enable MVP development through hackathons and bounties to showcase Allo’s potential.<img height="20" width="20" alt=":red_circle:" title=":red_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/red_circle.png?v=15" />Allo’s strategy intertwined with Gitcoin was not followed through as the Allo team took on its own goals internally instead.
Our strategy was adapted to the shift into a Gitcoin 3.0-led GG24, which was predominantly domain-led. In order to attract and retain high quality builders, we sought the correct domains to fund first. We achieved a coalitional funding goal of having +50% of gitcoin.eth’s matching being matched by outside funders.
### Regional Events
Goal/MilestoneStatusNotesHost 3+ Regional Events: Engage builders in LATAM, APAC, and SEA through hackathons, workshops, and community meetups.<img height="20" width="20" alt=":yellow_circle:" title=":yellow_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/yellow_circle.png?v=15" />We hosted Schelling Point in Buenos Aires during Devconnect, participated in the main event where we were able to create some IRL time builders and community members. We decided to keep our engagement to one event for budgetary reasons.Amplify Ecosystem Awareness: Ensure 70% of attendees understand Gitcoin’s broader ecosystem.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Launched Gitcoin 3.0 at Devconnect main as well as Schelling Point in Buenos Aires, focusing on amplifying the new direction of Gitcoin.Promote Local Innovation: Partner with local organizations to co-create impactful funding experiments.<img height="20" width="20" alt=":green_circle:" title=":green_circle:" src="https://gov.gitcoin.co/images/emoji/twitter/green_circle.png?v=15" />Ran a partnership with Funding the Commons in Buenos Aires, co-hosting an impactful PGF-focused event in LATAM.
The budget requested for January 2025 - December 2025 was $808,098 from the treasury ($673,415 + 20% reserves) to execute this vision. The DAO’s spend for 2025 was $617,434.
We are not requesting 20% reserves for 2026, as we still have it leftover [in the SAFE](https://etherscan.io/address/0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0) from the 2025 budget.
## Budget Request
The DAO remains focused on stewarding Gitcoin 3.0’s brand, community and governance in support of the overall growth and financial sustainability of the Gitcoin ecosystem.
We are requesting $1,053,469 from the treasury to execute this vision. We did not spend the reserves from the 2025 budget, therefore it will carry forward to the 2026 budget request.
We will post updates and progress on the forum every quarter to ensure that the DAO is staying on track with accountability and progress throughout H1.
A full breakdown of the budget can be found below.
NOTE: The below budget is in addition to a [$250k slush fund](https://etherscan.io/address/0x74D3d473a44BC6B2B806861bE511D52e2Ce530AF) to be allocated to Kevin Owocki’s discretionary budget and quarterly reporting.
Budget Breakdown and Team Structure
RoleStatusFocus AreaChief of Staff & Head of OpsFull-timeOperationsStrategic PartnerPart-timeStrategySecurity ConsultantPart-timeTechnical SecurityIndividual ContributorsPart-timeCommunity
Additional support includes:
* Marketing & design consultation
* Team Tiger strategic support
* Regional coordination resources
* External contributor incentives
[<img height="166" width="690" alt="Screenshot 2026-01-25 at 19.01.09" src="https://gov.gitcoin.co/uploads/db4391/original/3X/7/2/72328367396faf4d2d4860b6cb9ced9b2712fb65.png" />Screenshot 2026-01-25 at 19.01.091306×316 27.1 KB](https://gov.gitcoin.co/uploads/db4391/original/3X/7/2/72328367396faf4d2d4860b6cb9ced9b2712fb65.png "Screenshot 2026-01-25 at 19.01.09")
Venture Scale Bets above covers funding allocated towards Kevin Owocki’s credits for various bets throughout the year, and campaigns supporting those bets, in line with the 3.0 strategy, where he will articulate business case, KPI’s and do a retro on each bet and how the funds were spent.
[<img height="426" width="690" alt="Screenshot 2026-01-25 at 19.02.35" src="https://gov.gitcoin.co/uploads/db4391/optimized/3X/6/d/6d5005dfa8b081830a8e12a76c3df9e0c0150bb4_2_690x426.png" />Screenshot 2026-01-25 at 19.02.351208×746 20.7 KB](https://gov.gitcoin.co/uploads/db4391/original/3X/6/d/6d5005dfa8b081830a8e12a76c3df9e0c0150bb4.png "Screenshot 2026-01-25 at 19.02.35")
### Detailed Cost Categories
Head Count - Core Team ($404,170)
* Full-time leadership and coordination roles
* Part-time specialized expertise
* 3.0 Execution and oversight
Consultants ($60,186)
* Strategic advisory services
* Marketing and design expertise
* Technical infrastructure support where needed
* Regional coordination
Software and Subscriptions ($80,097)
* Governance tools and infrastructure
* Community engagement platforms
* Security and compliance tools
* Program management resources
Travel ($9,000)
* Event attendance
Note: We will be moving to a GCP model for larger event budget requests - holding ourselves accountable to the community for one-off events and rationale.
Venture Scale Bets ($500,000)
* Funding allocated towards Kevin Owocki’s venture scale bets for various bets (and campaigns that support the venture scale bets) throughout the year in line with the 3.0 strategy, where he will articulate business case, KPI’s and do a retro on each bet and how the funds were spent.
### Quarterly Budget Distribution
The budget allocation reflects our strategic priorities across four quarters:
* Q1: $241,029
* Q2: $296,445
* Q3: $281,921
* Q4: $234,075
Total Annual Request: $1,053,469
The budget will be released in two tranches.
The amount of GTC requested and the value of the reserves will be adjusted based on the current market value at the time this proposal is moved to Tally using the lower of the current price or the 20 day moving average, whichever is lower.
## Program Integration & Support
The DAO budget directly supports the execution of the Gitcoin 3.0 AAA Tripod Strategy:
Gitcoin’s next era is organized around activating three reinforcing legs:
1. **Alignment**
Build coalitions that align technology, capital, and human thriving (e.g. public goods, d/acc, privacy, open source).
2. **Alpha**
Attract top-tier builders, founders, and funders — and develop the capability to spot early, high-upside opportunities.
3. **Accelerate**
Return to Gitcoin 0.1 velocity: lean teams, fast iteration, high-quality execution.
Success requires activating all three legs together, with major activation points at:
* ETHBoulder (Q1)
* Gitcoin Grants 25 / GG25 (Q2)
* Devcon (Q4)
### The North Star (2026)
Attract builders, founders, and teams that create real impact and build sustainable businesses — and tell that story well enough that outside funders choose to fund Gitcoin.
Key 2026 KPIs
* Coalitional funding ratio:
* Baseline (GG24): 54% outside funding
* Target: 60–70% funded by external partners
* Network growth: +50% net new builders and funders
* Value capture (early):
* Yield-driven funding (e.g. Octant vaults)
* Paid partnerships / cost-covered builds
* Laying groundwork for longer-term upside participation
## Reporting Framework
We will provide quarterly updates focused on:
* Progress against 2026 goals
* Budget utilization metrics
* Gitcoin 3.0 milestone updates
* Community feedback synthesis
* Treasury management status
Feedback is welcomed on this budget request!
Voting Details
Once ready for a vote, this proposal will use the following options:
1 - Yes, fund the DAO
2 - No, fund the DAO
3 - Abstain
Should this vote be passed by GTC token delegates, funds will be deposited in two tranches into [EC’s multisig](https://etherscan.io/address/0xC23DA3Ca9300571B9CF43298228353cbb3E1b4c0), which has been repurposed as the DAO’s multisig.
# REPOST [SGTM 004]: Generating Yield on DAO Treasury Assets to Support Runway
This is an onchain follow-up vote to the same proposal that passed on Snapshot on April 15th. The passing of this proposal will move the funds detailed below to the [Avatar safe](https://app.safe.global/home?safe=eth:0xBe66C0391453F4b5C5eFd47DdcCB2f6bA6aA513F) managed by Avantgarde, MYSO, SEEDGov, Tané and PGov ([the Manager safe](https://app.safe.global/home?safe=eth:0x5619aA86336E8985eEE45998c0EdD998B63093cb)). *Please note that after convos with the Foundation, ownership of the avatar safe will instead be set to* [*this Foundation-controlled wallet*](https://etherscan.io/address/0x50ccf30828DdDA5aDFd25A3CEc24b83F13496774) *rather than the Timelock contract, citing security reasons.*
## TL;DR
Avantgarde Finance proposes to further support the ongoing efforts to [<u>get Gitcoin profitable</u>](https://gov.gitcoin.co/t/its-time-for-gitcoin-to-get-profitable/19922) by activating idle assets in the [<u>Gitcoin DAO treasury</u>](https://etherscan.io/address/0x57a8865cfb1ecef7253c27da6b4bc3daee5be518#multichain-portfolio) to earn yield, grow the reserves, and improve overall financial sustainability.
**As part of this proposal, Avantgarde in collaboration with MYSO will run two different strategies on behalf of the Gitcoin DAO:**
* **USDC Strategy:** Deploying $5m USDC to Avantgarde’s DeFi Yield Vault to earn yield.
* **GTC Strategy:** Run an on-chain covered call strategy on GTC to earn yield without selling at depressed market prices, starting with two smaller $250k tranches.
Full details in the proposal [thread](https://gov.gitcoin.co/t/sgtm-004-generating-yield-on-dao-treasury-assets-to-support-runway/20217/1) on the forum.
# [SGTM 004]: Generating Yield on DAO Treasury Assets to Support Runway
This is an onchain follow-up vote to the same proposal that passed on Snapshot on April 15th. The passing of this proposal will move the funds detailed below to the [Avatar safe](https://app.safe.global/home?safe=eth:0xBe66C0391453F4b5C5eFd47DdcCB2f6bA6aA513F) managed by Avantgarde, MYSO, SEEDGov, Tané and PGov ([the Manager safe](https://app.safe.global/home?safe=eth:0x5619aA86336E8985eEE45998c0EdD998B63093cb)). *Please note that after convos with the Foundation, ownership of the avatar safe will instead be set to* [*this Foundation-controlled wallet*](https://etherscan.io/address/0x50ccf30828DdDA5aDFd25A3CEc24b83F13496774) *rather than the Timelock contract, citing security reasons.*
## TL;DR
Avantgarde Finance proposes to further support the ongoing efforts to [<u>get Gitcoin profitable</u>](https://gov.gitcoin.co/t/its-time-for-gitcoin-to-get-profitable/19922) by activating idle assets in the [<u>Gitcoin DAO treasury</u>](https://etherscan.io/address/0x57a8865cfb1ecef7253c27da6b4bc3daee5be518#multichain-portfolio) to earn yield, grow the reserves, and improve overall financial sustainability.
**As part of this proposal, Avantgarde in collaboration with MYSO will run two different strategies on behalf of the Gitcoin DAO:**
* **USDC Strategy:** Deploying $5m USDC to Avantgarde’s DeFi Yield Vault to earn yield.
* **GTC Strategy:** Run an on-chain covered call strategy on GTC to earn yield without selling at depressed market prices, starting with two smaller $250k tranches.
Full details in the proposal [thread](https://gov.gitcoin.co/t/sgtm-004-generating-yield-on-dao-treasury-assets-to-support-runway/20217/1) on the forum.
# [REPOST] Revoke Wonderland Vesting Contract - Contract Termination
This proposal will execute the revoke function on Wonderland's vesting contract, following the successful completion of their work with Grants Lab as outlined in the original July 2023 proposal.
As agreed with Wonderland, this action will:
* Stop the remaining vesting schedule
* Transfer already vested tokens to Wonderland
* Return any unvested tokens to the Gitcoin treasury
Wonderland has successfully delivered their technical and product management support for Grants Lab over the contracted period. This cancellation represents the planned conclusion of our engagement.
It's been a valuable partnership with the Wonderland team, and we look forward to potential future collaborations.
Original proposal below.
# Revoke Wonderland Vesting Contract - Contract Termination
This proposal will execute the revoke function on Wonderland's vesting contract, following the successful completion of their work with Grants Lab as outlined in the original July 2023 proposal.
As agreed with Wonderland, this action will:
* Stop the remaining vesting schedule
* Transfer already vested tokens to Wonderland
* Return any unvested tokens to the Gitcoin treasury
Wonderland has successfully delivered their technical and product management support for Grants Lab over the contracted period. This cancellation represents the planned conclusion of our engagement.
It's been a valuable partnership with the Wonderland team, and we look forward to potential future collaborations.
Original proposals below. 
# [PROPOSAL] 2025 Budget - Allo
Allo Budget request for 2025: Building The Capital Allocation Network For the Tokenized Internet
We are excited to present our final operational budget to the DAO for the graduation of Allo to Allo.Capital. For some time, the team has recognized that while Gitcoin continues to focus on grants and enterprise initiatives, the Allo team has been dedicated to reimagining capital allocation for the tokenized internet. Traditional funding models are inefficient, opaque, and short‑sighted. In contrast, Allo.Capital is designed to catalyze a regenerative flow of value—ensuring that resources circulate like nutrients in a thriving ecosystem. We think there is lots of upside for Gitcoin in exploring this design space.
# Budget Request - Schelling Point & Eth Denver 2025
**TL:DR** We are requesting $78,994 (USD equivalent in GTC) to fund activations for the 2025 Gitcoin event activations at Eth Denver (including our Schelling Point event) from the Gitcoin Treasury in line with our 2025 Grants Lab, and Gitcoin Grants Strategies. The overall costs have been offset by shared payments with Allo and sponsorships for the event.
# [PROPOSAL] 2025 Grants Lab Budget
This vote serves to ratify [this Snapshot vote](https://snapshot.org/#/s:gitcoindao.eth/proposal/0xd2b0853e328b3bdef16a526b2291a6e8a6897826dfca2d5d7a220f90ae1789f5 "Snapshot vote") which approved the movement of $5,232,330 USD (8,759,999.20 GTC) from the Gitcoin Treasury to the Grants Lab multisig. We will request 50% of this now and remaining 50% before the end of H1.
This budget proposal covers the full year of 2025. The budget requested is $4,831,109 with anticipated revenues of $2,323,027. We will also request $401,221 for reserves (calculating total reserves at 20% with current treasury of $565,000.)
# 2025 Grants Lab Budget
This vote serves to ratify [this Snapshot vote](https://snapshot.org/#/s:gitcoindao.eth/proposal/0xd2b0853e328b3bdef16a526b2291a6e8a6897826dfca2d5d7a220f90ae1789f5 "Snapshot vote") which approved the movement of $5,232,330 USD (8,759,999.20 GTC) from the Gitcoin Treasury to the Grants Lab multisig. We will request 50% of this now and remaining 50% before the end of H1. 
This budget proposal covers the full year of 2025. The budget requested is $4,831,109 with anticipated revenues of $2,323,027. We will also request $401,221 for reserves (calculating total reserves at 20% with current treasury of $565,000.)
# 2025 Gitcoin DAO Budget
This vote serves to ratify [this Snapshot vote](https://snapshot.org/#/s:gitcoindao.eth/proposal/0x7d5fe022bd18a1caac9528c56d4a2a47b5d6692e71168c166def489bf19b5ab6 "Snapshot vote") which approved the movement of $808,098 from the Gitcoin Treasury to the DAO multisig. 
This seeks funding for DAO operations through 2025 (January - December), including the Gitcoin Grants Program operations. The DAO 2025 Strategy presents an integrated approach to governance, builder engagement, and ecosystem growth, focusing on progressive decentralization and global expansion. We are requesting $808,098 from the treasury ($673,415 + 20% reserves) to execute this vision.
# Gitcoin (Grants Lab) x Wonderland Partnership 1.5M GTC over 4 years
We’re asking for 31.25k GTC /mo for a 4-year engagement (1.5M GTC total) with Wonderland to Build Allo Protocol.
Wonderland (defi.sucks) is a team of developers, researchers, and creators who love building innovative solutions. The Wonderland team will join forces with the Grants Lab, operating under a monthly retainer + token vesting to closely collaborate and enhance our ongoing projects. They will act as embedded strategic partners, deeply integrated into our development processes, providing comprehensive evaluations and actionable insights to refine our offerings. This partnership will start with a 2 -month trial period, after which we will engage in a more extended 3.75 year commitment, with GTC (mentioned above) vesting quarterly.
[https://gov.gitcoin.co/t/passed-gitcoin-grants-lab-x-wonderland-partnership/18618/1](https://gov.gitcoin.co/t/passed-gitcoin-grants-lab-x-wonderland-partnership/18618/1)
# [RE-POST] Ratify Grants Lab Contributor Token Grant Program
Original passed Snapshot did not reach Quorum and consectutive post had affected stewards voting to obstain, thereby skewing final outcome.
[https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587](https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587)
[https://www.tally.xyz/gov/gitcoin/proposal/62382439297504838298015974215212628407648385954116030927167495075985058991059](https://www.tally.xyz/gov/gitcoin/proposal/62382439297504838298015974215212628407648385954116030927167495075985058991059)
TL;DR: Propose that current contributors to Grants Lab be eligible for a 4-year token grant, subject to a linear vesting schedule and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
Overview With the introduction of Gitcoin 2.0, we have renewed focus as an organization and have set ambitious goals! We are driving towards $50M in GMV this year and a north star of $1B in GMV through Allo over the next several years.
To hit these goals, we need best-in-class contributor talent that is motivated and aligned with our mission and ambition.
Token grants are a key tool we have to create those alignments. After all – the idea that we can program our values into money to ensure alignment is central to our vision for capital allocation 4.
Structure I propose that every contributor to Grants Lab is eligible for a 4-year token grant. These grants will be subject to linear vesting schedules and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
This proposal covers all current contributors to Grants Labs as well as an option pool for future contributors. In total, 3M GTC is requested. This represents 3% of the supply of GTC and is aligned with (or below) industry standards for team allocations. Though team allocations are typically only done at launch, Gitcoin has evolved substantially since the token launch in 2021. Most of the team that was present in 2021 are no longer active contributors, and the vast majority (80%) of current contributors do not have any token grants.
# [RE-POST] Ratify Grants Lab Contributor Token Grant Program
Original passed Snapshot did not reach Quorum. [https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587](https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587)
TL;DR: Propose that current contributors to Grants Lab be eligible for a 4-year token grant, subject to a linear vesting schedule and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
Overview With the introduction of Gitcoin 2.0, we have renewed focus as an organization and have set ambitious goals! We are driving towards $50M in GMV this year and a north star of $1B in GMV through Allo over the next several years.
To hit these goals, we need best-in-class contributor talent that is motivated and aligned with our mission and ambition.
Token grants are a key tool we have to create those alignments. After all – the idea that we can program our values into money to ensure alignment is central to our vision for capital allocation 4.
Structure I propose that every contributor to Grants Lab is eligible for a 4-year token grant. These grants will be subject to linear vesting schedules and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
This proposal covers all current contributors to Grants Labs as well as an option pool for future contributors. In total, 3M GTC is requested. This represents 3% of the supply of GTC and is aligned with (or below) industry standards for team allocations. Though team allocations are typically only done at launch, Gitcoin has evolved substantially since the token launch in 2021. Most of the team that was present in 2021 are no longer active contributors, and the vast majority (80%) of current contributors do not have any token grants.
# Ratify Grants Lab Contributor Token Grant Program
TL;DR: Propose that current contributors to Grants Lab be eligible for a 4-year token grant, subject to a linear vesting schedule and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
Overview
With the introduction of Gitcoin 2.0, we have renewed focus as an organization and have set ambitious goals! We are driving towards $50M in GMV this year and a north star of $1B in GMV through Allo over the next several years.
To hit these goals, we need best-in-class contributor talent that is motivated and aligned with our mission and ambition.
Token grants are a key tool we have to create those alignments. After all – the idea that we can program our values into money to ensure alignment is central to our vision for capital allocation 4.
Structure
I propose that every contributor to Grants Lab is eligible for a 4-year token grant. These grants will be subject to linear vesting schedules and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.
This proposal covers all current contributors to Grants Labs as well as an option pool for future contributors. In total, 3M GTC is requested. This represents 3% of the supply of GTC and is aligned with (or below) industry standards for team allocations. Though team allocations are typically only done at launch, Gitcoin has evolved substantially since the token launch in 2021. Most of the team that was present in 2021 are no longer active contributors, and the vast majority (80%) of current contributors do not have any token grants.
# H2 Proposal [Budget] - Grants Labs
This vote serves to ratify [this Snapshot vote](https://snapshot.org/#/gitcoindao.eth/proposal/0x2f3f2a1c531f8d6b7eb27409399f02d09ac329df77f18d991607c7ce05fb85c1) which approved the movement of $2,646,608 from the Gitcoin Treasury to the Grants Lab multisig.
This budget proposal is a follow up to the Grants Lab H2 Strategy, posted earlier this week: H2 Proposal \[Strategy] - Grants Labs 3
This budget proposal covers H2 2024 (July - December.) We want to be lean, but not hungry, with our overall budget. We have trimmed down expectations for travel and miscellaneous expenses for H2 2024. We only have two anticipated new hires, a Principal Engineer and a Social Media Manager. We expect to cease hiring for the next 6+ months after the positions are filled – we have put a huge effort into filling key leadership roles at the start of this year, exiting folks who are not aligned with our talent bar or mission, and now have the resources we need to succeed.
# S23 Budget & Spinout for Passport
## To execute the ratified budget.
The S23 (and final) budget for Passport passed on Snapshot and this proposal is to ratify that decision on chain and fund the final budget request from Passport. The details of the proposal which passed are below.
## Overview
This budget request seeks funding to enable the spin out of Passport and fund the business for its initial six months. Here is what we are thinking. Passport has generated revenue on OP and Linea (by enabling onchain attestations of one’s unique humanity, and OP RPGF3). Together with this funding, and a six month budget, we would like to formally request a vote to spin out of Gitcoin DAO. In return for bootstrapping the business unit, we will ensure Gitcoin has equity ownership in the new entity, a token allocation if/when we launch a token and a board seat in the new entity. The details on how a DAO may participate are a little murky (ie, have equity, and a board seat) and so we will be working with the Gitcoin Foundation to formalize the ownership and board seat appointment.
### Funding Request for Season 23
Requested Amount: Gitcoin Passport is requesting a net allocation of 2050000 GTC\*, equivalent to approximately $1,604,857 out of the treasury to cover this final season.
\*The GTC amount requested and reserves will be updated based on market conditions when this proposal moves to Tally, using the lower of the current price or the 20-day moving average.