A complete guide to donating to Gitcoin Grants Round 20

Original title: "Gitcoin Grants 20 Rounds of Minimalist Strategy"

Original author: Shouyi, Biteye

Gitcoin is a donation platform for open source software. Users can support various decentralized open source projects through Gitcoin, and early projects can also receive donations on Gitcoin to maintain operations.

Some well-known projects such as Uniswap, 1inch, MaskNetwork, ENS, etc. have participated in Gitcoin Grants, so Gitcoin is also called "Ethereum's arsenal".

In each round of Gitcoin Grants, in addition to receiving donations from users, Gitcoin will also use the quadratic fund matching model (Quadratic Funding) to allocate funds from the Ethereum Foundation to high-quality projects. This allocation method has also been recognized by Vitalik Buterin, which has greatly promoted the community influence of Gitcoin Grants.

Quadratic Funding: https://www.youtube.com/watch?v=HJljTtLnymE

Gitcoin Grants donation activities have been carried out 19 times so far (17 rounds + Alpha Round + Beta Round). In the process of helping the project grow, it also brings rewards such as token airdrops to donors. More and more users are entering the world of Web3 through Gitcoin.

Gitcoin has been exploring more efficient ways to donate, and is committed to moving from quadratic matching (that is, QF's centralized grants) to GitcoinDAO: Creating a decentralized and customizable grant protocol.

Through the Gitcoin Alpha Round in January 2023 and the Gitcoin Beta Round in April, Gitcoin has perfected its donation methods. From April 23 to May 7, 2024, the first donation of the year: Gitcoin Grants 20 is officially opened.

https://www.gitcoin.co/blog/announcing-gg20

Next, Biteye will briefly introduce the differences between Gitcoin Grants 20 and previous donations, carefully select some high-quality projects, and provide a convenient donation path.

Table of Contents:

1. Introduction to Gitcoin Grants 20

2. Gitcoin Grants 20 Donation FAQ

3. Gitcoin Grants 20 Donation Tutorial

4. Gitcoin Grants 20 Project Recommendations (Continuously Updated)

01Introduction to Gitcoin Grants 20

In the guides written for the past few rounds of donations, we introduced Gitcoin’s donation philosophy, round composition, and prize pool amount, but as a minimalist guide, it should be as easy to read as a 140-word tweet:

Gitcoin Grants 20 will start at 20:00 Beijing time on April 23 and end at 8:00 on May 8 End

Gitcoin's donation rounds are divided into OSS Program rounds and Community Rounds. The 1 million funds for the Program round come from the Gitcoin Foundation, and the 500,000 funds for the Community round come from partners/community self-raised.

This time, Gitcoin will be donated on Arbitrum, and the user's Passport will be automatically verified, without the need to collect Stamps as in the past. Users with rich transaction records on the main network will receive a higher matching donation weight.

https://grants-portal.gitcoin.co/passports-model-based-detection

02Gitcoin Grants 20 Donation FAQ

Q1: Why do I need to participate in Gitcoin donations?

A1: Gitcoin donation is a good on-chain interaction behavior. Optimism and Celestia have used "users making Gitcoin donations on the mainnet" as one of the weights for airdrops. Donation is also a way to increase Passport scores at a low cost.

Q2: How much should I donate?

A2: Although Gitcoin has no limit on the donation amount, the minimum amount for each project is at least greater than 1U. On the other hand, due to the fluctuation of ETH prices, DAI can be chosen for donation; if eth is used for donation, considering the price fluctuation, it is recommended to donate more than 0.0005eth. (Note: Some project airdrops are based only on whether to donate, while some project airdrops use the amount of donation as the weight)

Q3: When should I donate?

A3: Donations should not be made too late. In the last few days, it is easy to encounter network congestion and miss the donation time. Passport verification for this donation is already automated, so users can directly use wallets with mainnet transaction records to donate to obtain weights, or go to Passport.gitcoin.co and connect to Eth Activity Stamp to view.

Passport: http://passport.gitcoin.co/

Q4: Can I earn airdrop income by donating with multiple accounts?

A4: Unfortunately, the airdrop expectations and income of Gitcoin are not as good as before. Now it is more of a "weight" for other projects' airdrops. According to the instructions of this round of witch detection, we recommend that users with multiple accounts pay attention to diversity when donating. They can adopt a 2+1 donation method, that is, 2 target projects plus 1 random project, and avoid too regular amounts and donation times.

Q5: What tools can I use to view donations?

A5: Users can view project status according to donation amount and number of donors through Chaineye, or use MiniBridge to cross funds to the ARB chain for donation, which can minimize network fees.

(Source chaineye.tools/gg20)

Chaineye: https://chaineye.tools/gg20

MiniBridge: https://minibridge.chaineye.tools

03Gitcoin Grants 20 Donation Tutorial

Gitcoin donations are not difficult overall and can be divided into three parts:

(i) Obtaining funds

Transfer funds across chains to Arbitrum. Here we can use MiniBridge to transfer some ETH from other chains. For small transactions such as Gitcoin, using MiniBridge can achieve faster arrival speed and lower cross-chain fees.

（Use MiniBridge for cross-chain）

（II）Select a project

You can see the donation status of all sections on the donation homepage:

https://explorer.gitcoin.co

Select any section, such as Web3 Infrastructure, and you can see that there are currently 63 projects in this section, with a prize pool of 30w USDC.

（View the status of each section in the planned round）

We can find the donation object by searching the project name, for example, search for Minibridge, then click the shopping cart in the lower right corner of the project, and then settle the bill in the shopping cart in the upper right corner.

(Searching can help you find donation targets faster)

Enter the amount you want to donate, and click Apply to all to apply it to all donation targets. In this interface, you can see the predicted matching donation amount. For example, if I choose to donate 0.005 ETH, according to the current matching donation situation of the pool, MiniBridge can get a matching donation of 864 US dollars. Click Submit to complete the donation!

(Wallets with mainnet records can get higher weights)

04Gitcoin Grants 20 Donation Project Introduction (Continuously Updated)

(I) Web3 Infrastructure

This category aims to strengthen the infrastructure of the Ethereum ecosystem by supporting some developments around scalability and security, especially in the areas of privacy, interoperability, and user experience.

https://explorer.gitcoin.co/#/round/42161/26

1. Mini bridge

MiniBridge is a "0-fee" cross-chain tool with advantages such as support for multiple chains and fast confirmation. It was developed by the Chaineye team for user small transfer scenarios. Chaineye is an award-winning project at the 2023 Shanghai Ethereum Conference and has received funding from Gitcoin, Optimism, and Arbitrum. In the user experience score of dappsheriff.com, MiniBridge ranks first among all cross-chain bridge projects.

2. Facet

Facet is a secure, decentralized and affordable computing protocol. It can reduce Ethereum transaction costs by up to 99% without changing the Ethereum protocol itself.

3. L2BEAT

L2BEAT is a dedicated analysis and research platform for L2 scaling solutions, proposing various important indicators and thoroughly analyzing each L2 project to understand the inner workings of its technology and the associated risks.

(II) Decentralized Programs (dApps Apps)

This category is designed to accelerate the growth and widespread use of dApps and applications. It focuses on supporting dApps and applications that optimize Web3 accessibility and provide financial inclusion, educational opportunities, and create positive social impact.

1. Hey.xyz

Hey.xyz (formerly Lenster) is a decentralized, permissionless social media app. Hey.xyz runs on the Polygon network, so users can interact with the dApp seamlessly, there are no fees, and no one can delete anything from the app, not even the admins. Hey.xyz is powered by Lens Protocol, a decentralized social graph built by Aave.

2. Revoke.cash

A one-stop deauthorization platform, users can use Revoke to deauthorize tokens as soon as they receive an attack report.

3.JediSwap

JediSwap is a DEX built on StarkNet - StarkNet is a Validity Rollup on Ethereum that enables infinite scalability for Web3 while relying on Ethereum security. JediSwap is a completely community-driven project, and anyone can start contributing to JediSwap by joining the JediSwap Discord.

4.IDriss

Make web3 more accessible to ordinary people by building tools such as IDriss Book. IDriss Book is a decentralized Web3 address book where users can link their Twitter names, emails, and phone numbers to public wallet addresses for easier and more secure interactions.

(III) Developer Tooling and Libraries

Improve developer efficiency in the open source software (OSS) and Web3 ecosystems through funding. Seek to support the creation of development environments, frameworks, testing tools, and libraries to enable secure and efficient smart contract development.

https://explorer.gitcoin.co/#/round/42161/27

1. OpenZeppelin Contracts

Helps users build secure smart contracts in Solidity, reducing the risk of vulnerabilities in their applications by using standard, tested, community-reviewed code. OpenZeppelin Contracts has been the library of choice for smart contract development since the early days of Solidity in 2016. Today, it is used by everyone from development teams of the largest projects trading billions of dollars a day to individuals building blockchain applications.

2.Gaslite

Gaslite is a project focused on Gas optimization, with the goal of helping protocols build a more efficient on-chain experience.

3.WAGMI

Wagmi is a React Hooks and VanillaJS library for Ethereum, widely used by ENS, Optimism, Coinbase, Stripe, Shopify, Farcaster, Zora, PancakeSwap, Gitcoin, etc.

4. Blockscout

Blockscout is a full-featured open source blockchain browser that helps users perform deep searches, interact with contracts, and verify contracts on the EVM (Ethereum Virtual Machine) blockchain.

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