A more detailed version of our proposal can be found in this Google Doc
Summary In line with the Celo Governance Seasons Strategy and updates (1, 2) and Vision 2030, this proposal aims to fund ‘CeloPG Season 1’ — a builder team dedicated to attracting, nurturing, and growing projects on Celo to regenerate the network and treasury while creating the conditions for prosperity.
We achieve this by building on our existing programs and key partnerships, which provide essential resources and support to Celo Projects and Builders across various stages of their maturity cycle.
This funding proposal requests approval of up to 288,500 cUSD, 875,000 CELO, and 250,000 OP to invest in key programs and sustain initiatives until December 31, 2025.
CeloPG Season 1 Core Programs
To win, Celo has to continue to attract and retain the best talent and supporting resources to the ecosystem. Below is a visualization of how the Celo Public Goods Funding Programs and Tools contribute to a Celo ecosystem growth flywheel that nurtures and attracts resources to grow the ecosystem value and treasury.
Season 1 Objectives and Deliverables To Attract, Nurture, and Grow projects on Celo to regenerate the network and treasury while creating the conditions for prosperity and support Vision 2030, we’ve established the following milestones:
1. Ensure wide adoption and efficiency of our ecosystem programs: KPI: Have at least 70% of all active projects on Celo benefit from at least 1 CeloPG Program in H2.
2. Amplifying Celo resources for builder programs: Ensure that all program resources are allocated to Celo-aligned builders who continue to provide value to Celo and attract third-party resources to increase the ROI of our programs. KPI: Aim to attract at least 50% of extra resources to the Builder Programs.
3. Grow the Celo Network Value: Contribute to attracting and growing the value of the Celo Network and Celo Ecosystem treasury, measured by an increase in Chains revenue, relative share of chain revenue connected to at least 1 CeloPG program, and tokens bridges to, launched on and contributed to the Celo Ecosystem Treasury in H2.
Specification CeloPG Season 1 consists of eight interconnected line items, each with its own focus and budget.
A. Celo Support Streams The protocol incentive flywheel is built on the learnings of Celo Support Streams Season 0. The mechanism switches to use stCELO as input to keep the Celo productive and staked while switching from bi-weekly vote cycles to continuous voting. Rewards will be issued in CELO on Celo Mainnet and OP on Optimism Mainnet.
B. Proof of Ship Monthly builder grants to projects on Celo who meet certain milestones and progress criteria reported through Karma and reviewed by the Celo DevRel team.
C. Celo Impact Rewards Building on the initial Celo Impact Rewards pilot with Divvi, CeloPG will issue monthly impact rewards based on key measurables of impact and project maturity, such as gas fees contributed, unique verified users, onchain revenue, and total value processed. Rewards will be issued in CELO on Celo Mainnet and OP on Optimism Mainnet.
D. Season 1 Contributor Rewards Seasonal Contributor Rewards are allocated to individuals based on a set of impact activities measured through Prosperity Pass badges, curated in collaboration with the Foundation Growth team and all Celo Community Treasury-funded teams.
E. CeloPG Development Grants Direct milestone-based grants for the development of software on Celo in line with the CeloPG program and ecosystem requirements. Distributed via Allo. Karma and Prosperity Pass as the primary solution to fund and develop further in Season 1.
F. Treasury, Marketing and Events Maintain and enhance the Celo Community Treasury Dune Dashboard and Sheets, delivering regular updates on treasury status to key stakeholders and the community forum, along with proposed seasonal budgets. Support the design and development of ecosystem tools and resources, including the celopg.eco platform, visual assets, merchandise, and documentation. Allocate budget for CeloPG representation at relevant events and for organizing or sponsoring events aligned with CeloPG’s mission.
G. CeloPG Operations Reward for the core and on-demand CeloPG contributors responsible for the design, support, and execution of the Celo Ecosystem Programs. Includes legal and accounting costs related to operating the initiative through the Regenerative Finance Foundation, a non-profit organization that has collaborated with Celo on ecosystem development since 2022.
H. Celo x Gitcoin Strategic Rounds CeloPG is a strategic partner of Gitcoin and actively participates in the Gitcoin 3.0 strategy sprint to play a key role in the next phase of Gitcoin and lead the solution development of at least two of Ethereum’s largest problem domains, in line with Celo’s vision and strengths.
While the exact domain scopes are to be ratified later, we are prioritizing two domains:
A detailed program proposal will be shared in the coming week on the Gitcoin forum.
We aim to raise a combined amount of USD 500K for these two programs, with approximately 30% coming from the Celo Community Treasury.
Both rounds would run on Celo and optimize for progressing Celo’s Season 1 Intent. To further accelerate the impact of these programs, we’ll run marketing campaigns around these rounds, such as EF-funded ETH FTW case studies and an event in BA, and leverage Prosperity Pass and Regenerative to attract protocol deployments and tokens to Celo.
In line with Gitcoin's future vision, we’ll also use these rounds to gain valuable insights for a potential Celo Ecosystem Fund, to provide the Celo Ecosystem Treasury with upside in promising projects in exchange for access to the CeloPG programs.
The amount of funds allocated in GG24 is dependent on our ability to gain co-matching and perceived round impact on key Celo metrics and long-term ecosystem growth.
Budget Breakdown (7)
| CELO | cUSD | OP | |
|---|---|---|---|
| Support Streams | 150,000 | 150,000 | |
| Proof of Ship | 100,000 | ||
| Impact Rewards | 250,000 | 100,000 | |
| Contributor Rewards | 100,000 | ||
| CeloPG Development Grants | 50,000 | ||
| Treasury, Marketing, and Events | 32,500 | ||
| CeloPG Program Ops | 125,000 | 106,000 | |
| GG24 DDAs | 150,000 | 100,000 | |
| TOTAL | 875,000 | 288,500 | 250,000 |
Any unspent resources will be returned to the Celo Ecosystem Treasury by January 31st, 2026.
Legal Representation The Celo Public Goods Steward operations will again be coordinated by the Regenerative Finance Foundation, a non-profit foundation mandated to support the experimentation and growth of Regenerative Finance and function as the counterparty for specific CeloPG programs.
Payment Logistics (8) CeloPG’s programs will operate its resources through a 3 out of 5 Safe on Celo Mainnet. CeloPG Season 0 (Celo): 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
The signers are:
All signer addresses are either an official Delegate Address and/or part of a previous approved CeloPG Proposal.
CeloPG Team (9) Based on the current scope of CeloPG and our learnings from running two cycles, we identified that program execution is the most critical function in the CeloPG team, such - we’ve gathered a balanced team of 3 contributors, all being builders themselves and two advisors who have deep context from the Celo Ecosystem and Public Goods funding at large.
Lead: Luuk Weber - Twitter Lead of CeloPG in 2024 - top 3 delegates in Celo Mondo, and builder of multiple projects on Celo through Kolektivo Labs.
Contributor: Monty Bryant - Twitter Co-founder of ReFiDAO, CeloPG 2024 co-lead, and Regen Coordination source.
Contributor: Niko da Costa Gomez - Twitter Lead of CeloEU in 2024 and the lead of the Celo ecosystem documentaries and Gather events.
Advise and Support: Sophia Dew - Twitter DevRel Lead at Celo Foundation. Steward of CeloPG in 2024.
Advise and Support: Sov - Twitter Experienced Grants and Public Goods Program Developer. Head of Grants at Gitcoin.
Designer: Enrique Badaracco - Twitter Experienced Web3 designer who led the development of the CeloPG website (which Celo EU, Celatam, and Celo Colombia use as a template), the Celo Gather branding and assets, and over a dozen other Web3 projects.
Unique Transaction of eight hundred seventy five thousand (875,000) Celo tokens approval to Multisign 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
Destination: 0x471EcE3750Da237f93B8E339c536989b8978a438
Data: increaseAllowance & 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
Value: 875000000000000000000000 GoldToken
Unique Transaction of two hundred eighty-eight thousand five hundred (288,500) cUSD tokens approval to Multisign 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
Destination: 0x765DE816845861e75A25fCA122bb6898B8B1282a
Data: increaseAllowance & 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
Value: 288500000000000000000000 StableToken
Before approving/voting: Fetch the on-chain proposal and verify that the multisig address and approval amount match the approval call submitted to chain:
celocli governance:show --proposalID 241 --node https://forno.celo.org
Verify the on-chain proposal that:
The Destination address of the Approval is the GoldToken Proxy 0x471EcE3750Da237f93B8E339c536989b8978a438
The approved Spender is the Multisign 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
The amount of Approval is 875K Celo expressed in WEI 685000000000000000000000
The Destination address of the Approval is the StableToken Proxy 0x765DE816845861e75A25fCA122bb6898B8B1282a
The approved Spender is the Multisign 0x85910bE70D7eBF149918ed96eF8BE175A0639c33
The amount of Approval is 288,5K cUSD expressed in WEI 164000000000000000000000