# [CANCELLED] [RE-POST] Ratify Grants Lab Contributor Token Grant Program

Original passed Snapshot did not reach Quorum and consectutive post had affected stewards voting to obstain, thereby skewing final outcome.

[https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587](https://www.tally.xyz/gov/gitcoin/proposal/54144128778300820658730814559609702903444647997450480321517270276841697542587)

[https://www.tally.xyz/gov/gitcoin/proposal/62382439297504838298015974215212628407648385954116030927167495075985058991059](https://www.tally.xyz/gov/gitcoin/proposal/62382439297504838298015974215212628407648385954116030927167495075985058991059)

TL;DR: Propose that current contributors to Grants Lab be eligible for a 4-year token grant, subject to a linear vesting schedule and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.

Overview With the introduction of Gitcoin 2.0, we have renewed focus as an organization and have set ambitious goals! We are driving towards $50M in GMV this year and a north star of $1B in GMV through Allo over the next several years.

To hit these goals, we need best-in-class contributor talent that is motivated and aligned with our mission and ambition.

Token grants are a key tool we have to create those alignments. After all – the idea that we can program our values into money to ensure alignment is central to our vision for capital allocation 4.

Structure I propose that every contributor to Grants Lab is eligible for a 4-year token grant. These grants will be subject to linear vesting schedules and a 1-year cliff. Contributors who have been at Gitcoin for over a year and have not previously received a token grant will be eligible for an accelerated 6-month cliff, instead of 1 year.

This proposal covers all current contributors to Grants Labs as well as an option pool for future contributors. In total, 3M GTC is requested. This represents 3% of the supply of GTC and is aligned with (or below) industry standards for team allocations. Though team allocations are typically only done at launch, Gitcoin has evolved substantially since the token launch in 2021. Most of the team that was present in 2021 are no longer active contributors, and the vast majority (80%) of current contributors do not have any token grants.

Voter
deltajuliet For 700.29K GTC · 0.70% · Sep 19, 2024
kev.eth For 650.07K GTC · 0.65% · Sep 19, 2024
cerv1.eth For 256.95K GTC · 0.25% · Sep 19, 2024
scopelift.eth For 11.68K GTC · 0.01% · Sep 20, 2024
AEvolve For 9.13 GTC · <0.01% · Sep 20, 2024
0xAE60...2bbE For 5.36 GTC · <0.01% · Sep 20, 2024
0x1605...2e14 For 0.16 GTC · <0.01% · Sep 20, 2024