Description

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 goals.

Why the Program was Funded

This program was designed by Plurality Labs to:

• Reward DAO contributors who had stepped up to contribute without reward since the DAO started
• Encourage future participation by setting a precedent for retroactive rewards
• Experiment with using Quadratic Funding retroactively
• Market the Arbitrum community in a highly visible way

Rounds & Milestones

Round 1 - Run the Arbitrum Citizen's Retrofunding round using quadratic funding

Conduct sybil review, post results on forum, execute compliance, send payments. Program Recap:

https://forum.arbitrum.foundation/t/the-arbitrum-citizens-retrofunding-round-1-results-recap/19985

Decision Mechanism

The decision of what to fund is made using Retroactive Quadratic Funding.

Quadratic Funding is the optimal way to let the community participate in deciding how to allocaate public goods funding. In this experiment, we took learnings from Gitcoin's citizens round such as individuals only (no orgs). This small scale test was also in response to how many people contributed to support STIP in unpaid ways.

The program supports experiments to see if…

• Rewarding individuals is more effective than rewarding organizations.
• Quadratic funding to is useful in distributing grants retroactively.

Expected Outcomes

Individuals are recognized by the community and awarded ARB for contributing to our growth in a meaningful way, establishing a precedent that meaningful work is fairly and appropriately rewarded.