Exactly one year later, I'm happy to come back to this thread and say we're sending back the extra funds from the @gitcoin grant back to the CLR match pool π
Details below ππ»
Details below ππ»
https://twitter.com/TimBeiko/status/1305626792904937473
@gitcoin When we started to work on EIP-1559, we raised a ~90,000$ Gitcoin grant which, at the time, was the largest ever in a single round on Gitcoin. gitcoin.co/grants/946/proβ¦
@gitcoin We always meant for those funds to be used for common goods, and from Day 1 committed to sending any excess funds back to CLR matching.
@gitcoin With the ETH price rise in the last year, a generous donation by the @ethereum foundation, and less expenses than anticipated, we are happy to be sending back over 200,000$ π°!
@gitcoin @ethereum We are keeping ~70k in DAI for now to pay for upcoming analysis of 1559's impact, but plan to return any excess from that as well once we're confident we won't need anymore funds.
@gitcoin @ethereum On chain transactions to prove all of this β:
Gitcoin's CLR match address: gitcoin.co/grants/12/gitcβ¦
etherscan.io/address/0xde21β¦
Gitcoin's CLR match address: gitcoin.co/grants/12/gitcβ¦
etherscan.io/address/0xde21β¦
@gitcoin @ethereum Bulk of the funds: ~56 ETH sent to the above address: etherscan.io/tx/0x264e1df88β¦
@gitcoin @ethereum And a few smaller txns for tokens we had in the wallet:
~800$ USDC: etherscan.io/tx/0xa82dd0714β¦
~700$ PAN: etherscan.io/tx/0x583a4beafβ¦
~500$ USDT: etherscan.io/tx/0x8a705708cβ¦
~800$ USDC: etherscan.io/tx/0xa82dd0714β¦
~700$ PAN: etherscan.io/tx/0x583a4beafβ¦
~500$ USDT: etherscan.io/tx/0x8a705708cβ¦
@gitcoin @ethereum Again, thanks a _ton_ to everyone who contributed to this grant π It really helped build momentum around EIP-1559 at a time where its inclusion into mainnet was far from certain. The Gitcoin grant is now closed βοΈ gitcoin.co/grants/946/proβ¦
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