0xc2e2b715…6099sent to0x9d4c6356…1639·#18,965,052·view on Etherscan
# [GCP 017] Gitcoin Citizens Retroactive Funding Round
## Summary
GCP-017 has passed on Snapshot and this is a vote to move the funds from treasury to the group running the round. The safe address is: eth:0x20f6a812952818f424882cA8fD635E41656912D2 which is a 2 of 3.
This proposal is requesting $153k in GTC to continue a series of retroactive quadratic funding rounds to reward efforts supporting the Gitcoin Community, specifically by Gitcoin Citizens.
Citizens are value-aligned community members who are eager to contribute their time and skills in service of Gitcoin’s mission. Running these rounds lowers the barrier of entry for contributing to the DAO, determines what the community values most, and helps test (dogfood) all of our products, driving innovation. This budget will fund two more Citizens Rounds including operations, and a supplement for community engagement.
### Budget
This proposal is requesting a budget of $153K in GTC in funding for two rounds, including operations. The breakdown is as follows:
* 50K Round #3: 40K matching pool + 10K GTC signal boosting
* 70K Round #4: 60K matching pool + 10K GTC signal boosting
* 32K Staffing: 16K round operations + 16K community engagement
* 1K Reserves: expenses, eg. subscriptions, gas, transactions slippage
Further details on signal boosting and community engagement are provided below. Note that without community engagement (which goes beyond operations), the overhead cost is 12%. Our aim is to reduce this further in the future by offsetting round operator costs through round participation.