PG Funding Ops Call #3
tl;dr
There will be a few side rounds for the upcoming GR12. Climate, Longevity, Advocacy. Having a place to list potential grantees that can accept and use the grants will be good
We'll need to better define public goods and structuring public library to be more action-oriented to discuss this topic would be good. Considering a pathway for projects to join public goods funding would be good too.
Will also focus on onboarding people onto the workstream.
Links shared:
- For context on Grants: https://www.notion.so/gitcoin/Grants-Partnerships-TL-DR-dd8f60ddc0ae473cbe9dfb768d79371c
- For context on the PG workstream: https://www.notion.so/gitcoin/Official-Public-Goods-Workstream-Overview-09d0912b9c3b4861916716f876ed77e9
- Kishor's draft on a framework for public goods: https://kishoraditya.notion.site/threat-409ee94cad104ae6bcccfedd2b9b4eb7
- Main public library page: https://www.notion.so/gitcoin/Enter-the-Library-867e8df229374e1f97cae7eae45e5681
- Public library summary for Q3: https://gitcoin.notion.site/Library-Quarterly-Review-e0871ca4964f4798a7a290a0573993e5
Reference on previous agenda:
Context Setting
Welcome all! Thanks for being part of this workstream, and for attending the first two sessions for those of you able to make it.
This workstream is focused on all things public goods funding. This includes:
1) Building and moderating community spaces to discuss all things public goods
2) Getting commitments from DAOs and other organizations to fund public goods
3) Managing funds to ensure that the matching pool stays sustainable as new tokens come in
4) Ensuring that new grantees are achieving their goals and finding sustainable funding
A lot of calls are starting to take shape, ping 
if you wanna join some of these discovery calls
if you wanna join some of these discovery callsFor context on Grants: https://www.notion.so/gitcoin/Grants-Partnerships-TL-DR-dd8f60ddc0ae473cbe9dfb768d79371c
For context on the PG workstream: https://www.notion.so/gitcoin/Official-Public-Goods-Workstream-Overview-09d0912b9c3b4861916716f876ed77e9
Updates
There's work on developing side rounds during GR12.
How do we actually execute on these GRs and finding the right partners. We don't wanna accept Justin Sun's money. Have to be cautious because we're making a tradeoff everytime we take money for public goods. Need to consider reputation.
There's a combination of these roles, public goods gardener and champion role. Have to work closely together. eg. Uniswap wants to run a matching pool (side round) but might work more for climate-change specific round.
Advocacy mostly handled by Connor. Working with freedom of press foundation.
Longevity round mostly working with VitaDAO. Vitalik interested in this topic. We need additional support for this initiative. A lot of interest from matching partners.
Will probably shift a lot of these convos into specific ops calls.
Walkthrough the existing work being done with PG.
Deciding on side rounds
Pan: how are we coming to consensus on what type of rounds to pursue.
Scott: strong interest from community, what signal are we getting in terms of things they want to see. Not necessarily have to execute on but they are currently available or have a pathway to execute on it.
Haven't decided what kind of grantees to support. Good to see what kind of grantees we want to have in this category.
Need to figure out operationally how to break out into specific functional working groups. Have a lot of messy processes we are trying to work on.
Partnerships
- for a start it would be good to have a place to list the grantees for these rounds
- should consider how likely these grantees might be able to join. eg. Scott wanted to get python foundation on board but they can't take crypto
- Need to be mindful about what kind of grantees we should have
- Might have a list of types of grantees or initiatives that we might not be able to reach
Things to ponder
- How to prioritise what side rounds
- What should we pursue
- Consider cutting rounds at a certain point?
Jihad: Building out some sort of selection process definitely necessary. It could get to a point moving forward that these side rounds become more and more prevalent.
Scott: would anyone want to take a pass on the framework on when a public good is sufficiently a public good
jihad: might not have consensus at it because its more philosophical. happy to give it a shot.
Kishore: For fdd risk stream, I am trying to workout a framework around "what is not a public good"? Sort of seemed easy a bit. risk analysis, data mining on different tokens we can include so the public good stream remains stable in the future. Have created a lot of questions around what a public good is based on the actors in the whole process and what is the material output of the process.
First draft of the framework: Would love if anyone can give feedback, will clean it and post it on library channel as well by tomorrow.
Feedback from David Dyor: It looks great to me. Tbh the “Vulnerabilities” column is a bit confusing. In the bottom, “threat” section each column is well explained (by the column title). In the top “Vulneratiblities” section…needs a bit more explanation maybe…vulnerabilities of what/who?
Kishor:
Yeah, it is a bit more generalized, but I wanted to have something like human error, or where code fails, something on that line
to sort of set up automated + manual check points as a precaution
Better utilising public library
Pan: main approach is establishing flexible but some constraints. Could make some of the library discussions a consensus seeking round of needling through these questions and part of th emeeting can be drafting a document that defines what an organiation or item is a public good. and we can start with taht as a rubric to decide if its something we want to fund. likely many things won't fall into the round once we decide on it. but will be good to have more focus on what we want to fund. Might be something good to put a couple weeks down the road on this.
lani: bring forward a list of prospective grantees as an example for the conversation to seek consensus amongst the members present. maybe 10 prospective projects.
Payments for past quarter to go
For everyone that has been involved in these projects so far or helping with notion would be able to receive.
how's the WS going
Pan: we've been trying to approach a definition collectively. trying to establish a mechanism and how people are engaging with it. not just to financialise. At a good place to start defining these things. Work we've done so far on what public goods are and how we define them. suggest last 3rd of library call can be focusing on next steps
Lani: have a more action-oriented conversation. so people know how to get involved beyond the conversation space.
Scott: onboarding we haven't worked on it yet. onboarding was just the RFP at first. People are here with the right ethos. understanding why we're there. Is typeform the right flow for onboarding? getting people feedback on the library section. (https://www.notion.so/gitcoin/Enter-the-Library-867e8df229374e1f97cae7eae45e5681)
Lani: a less heavy type of onboarding process for people that are interested and want to learn vs 'i'm ready to get going now' so we can reach out to them at some point and can pick up on people interested and want to participate. let people participate at a lower level to gauge level of interested.
Pan: might be a good way to create like a way to publicise the insights that we talk about from each discussion so people can pick up.
QZ: summary of our calls so far https://gitcoin.notion.site/Library-Quarterly-Review-e0871ca4964f4798a7a290a0573993e5
scott: we seem to be able to cover most of these pieces in the upcoming ops call and the public good matching rounds.
Lani: do we have some pathway for projects to bring them into the ecosystem eg. Tua who's trying to get her work going.
Summary
- library as an asset to achieving consensus on public goods
- insert some of the goods funding opportunities as a way to refine that rubric
- pathway for projects
As we get more of a cadence on the ops calls we can get more covered in the calls.