Hey Arbinauts & Citizens, I’m very excited to share the Arbitrum Citizens Retrofunding Round 1 results!
TL;DR This is the third QF round in the Arbitrum ecosystem and is part of the Arbitrum on Gitcoin Winter programs which involved three separate efforts:
01 November - 29 November
The goal of this program was to distribute 100k $ARB to best Arbinauts and citizens that have proactively worked and truly impacted the Arbitrum DAO since its launch. We aimed to reward work that helped kickstart the DAO and/or contributed directly to Arbitrums strategic priorities.
For example, contributions in the areas of governance, data-driven decision making , operations, data analysis, education, support and community building around the DAO.
*This round was created for those individuals that haven’t been compensated for the work done and are not employed/contracted by the Arbitrum DAO.
The grant program was onchain and used QF to allocate the 100k ARB, that means that the Arbitrum community will vote(only $ARB holders votes over/equal 1$ were eligible) how the funding was distributed to the Citizens=> the more votes(donations) a individual received => the more matching funds they received.
We had a max 5 % matching cap / individual.
If you remember the Arbitrum Domain Round and the Grant Funding Fest you already know we are striving to create a series of the most democratic, community driven and plural grant funding programs in web3!
The program had two phases:
The Grant Application Phase(it was open until the end of the round): The Citizens could apply with their projects and if eligible approved into the program.
The Donation Phase: Arbinauts & donors decided how much money from the matching pool will be allocated to each Citizen, allowing for a more personalized and flexible distribution of funds based on the collective intelligence of the Arbitrum community.
Through a comprehensive analysis, a total of 491 Sybils were identified as active participants in the round, accounting for 17.25% of voters. These Sybils accounted for 10.26% of the total votes cast during the round, indicating their notable presence in the voting process. The sybil voted are equally distributed confirming that the participants were not involved in these attacks. The high number of sybil participation is directly related to the fact that the Citizens round ran during Gitcoin’s #GG19.
2.SYBIL DISTRIBUTION ACROSS PROJECTS:
Sybils are present across all projects in the round, and our attention is particularly drawn to the top 5 projects:
- ArbitrumDAO delegates:
- Non-Sybil: 1136
- Sybil: 88
- Voting Power:
- Non-Sybil: 438
- Sybil: 55
- DeFi Teddy - Founder of Biteye:
- Non-Sybil: 290
- Sybil: 45
- Nathan VDH:
- Non-Sybil: 192
- Sybil: 41
- InBest Program:
- Non-Sybil: 375
- Sybil: 40
The sybil analysis is a crucial element in web3. If we wouldn’t have filtered the results for sybils and sybil patterns this Sybil inflow may have an effect on how well the quadratic funding mechanism works and how fairly f
unds are distributed. These results highlight how crucial it is to deal with Sybil-related issues in order to guarantee funding equity and integrity in subsequent rounds.
The final matching amounts that will be paid out are shown here
- We were extremely pleasantly surprised that the Arbitrum community supported the Citizens and Arbinauts with over 12,000$ in donations
- Over 2800 unique donors voted multiple times resulting in over 7000 total contributions
- Over 1100 unique eligible holders( donations over/equal to 1$ and held $ARB by 11.01.2023) voted multiple times resulting in over 2200 eligible contributions
Some key statistics that further illustrate the success of the Citizens Grant program:
- The Arbitrum community showed strong support for the Citizens round, receiving 48 applications and having 25 eligible Citizens participate
- ~30% of the applicants were proactive in promoting their grant application
This participation highlights the community’s strong desire to support various people and initiatives within the Arbitrum ecosystem.
Extremely valuable technical contributions need to be more promoted within the Arbitrum ecosystem
The high number of votes for the Citizens Round demonstrated that they are open and eager to support new types of projects/people.
The results underscored the importance of tailored outreach and engagement strategies for different types of projects and communities within the Arbitrum ecosystem.