# Celo Community Fund And Proposal Allocations

**URL:** https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546
**Category:** Governance
**Created:** [November 30, 2021, 6:34pm UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546 "2021-11-30T18:34:06Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Yaz](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/yaz/32/224_2.png) [@Yaz](https://forum.celo.org/u/Yaz)
#### Post date: [November 30, 2021, 6:34pm UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/1 "2021-11-30T18:34:06Z")

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The Celo Community Fund is the Governance contract with the address being [here](https://explorer.celo.org/address/0xD533Ca259b330c7A88f74E000a3FaEa2d63B7972/transactions).

As of this writing, it contains 8.5 Million CELO and 2 Million cEUR.

We are creating this post to keep track of all the different proposals requesting funds from the Community Fund and their specific allocations, as well as how much they’ve spent so far.

Given this is a manual process, information may not be up-to-date and we invite the folks reading this post to verify the information on their own. In the future, we can see this turning into a useful dashboard that tracks all this information in real time.

**The Proposals**

- [CGP-17: The Activation of the Celo Community Fund](https://github.com/celo-org/governance/blob/main/CGPs/cgp-0017.md)
  - Allocation from Community Fund: 665,387 CELO
  - Multisig Wallet (2 of 3 setup)
  - Multisig Address: [Contract 0x2f90Bb1CAF4079192481B1A7F3088220d291456D - Celo Explorer](https://explorer.celo.org/address/0x2f90Bb1CAF4079192481B1A7F3088220d291456D/transactions)

- [CGP-20: Community Appreciation Gifts](https://github.com/celo-org/governance/blob/main/CGPs/cgp-0020.md)
  - Allocation from Community Fund: 15,000 CELO
  - Multisig Wallet (2 of 4 setup)
  - Multisig Address: [Contract 0x5374cF78F82E3610f9678bD7AF617785FF6c578a - Celo Explorer](https://explorer.celo.org/address/0x5374cF78F82E3610f9678bD7AF617785FF6c578a/transactions)

- [CGP-14: Distribute cUSD to Celo Holders](https://github.com/celo-org/governance/blob/main/CGPs/cgp-0014.md)
  - Allocation from Community Fund: 200,000 CELO
  - Multisig Wallet: Missing Information
  - Multisig Address: Missing Information

- [CGP-38: The Celo Ecosystem Treasury](https://github.com/celo-org/governance/blob/main/CGPs/cgp-0038.md)
  - Allocation from Community Fund: 3 Million CELO
  - Multisig Wallet (5 of 9 setup)
  - Multisig Address: [Contract 0x0D8b5f1CD567656b6Ad4c88e8F082F1f694e5Bb5 - Celo Explorer](https://explorer.celo.org/address/0x0D8b5f1CD567656b6Ad4c88e8F082F1f694e5Bb5/transactions)

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### Author: ![Pinotio.com](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/pinotio.com/32/264_2.png) [@Pinotio.com](https://forum.celo.org/u/Pinotio.com)
#### Post date: [December 2, 2021, 2:54pm UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/2 "2021-12-02T14:54:59Z")

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Thanks @Yaz , good idea and hoping we can fill out the gaps in the above info.

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### Author: ![Tobi](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/tobi/32/367_2.png) [@Tobi](https://forum.celo.org/u/Tobi)
#### Post date: [March 25, 2022, 12:10pm UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/3 "2022-03-25T12:10:40Z")

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Hey guys following up here with the missing information as well as a quick analysis of how much has been spent and how much money is unallocated in the on-chain community fund.

Thanks to @bowd and Nelson for the technical help 🙂

The governance proxy contract address is `0xD533Ca259b330c7A88f74E000a3FaEa2d63B7972`. Here are the approved spender addresses with respective allowances:

- Spender `0x5374cF78F82E3610f9678bD7AF617785FF6c578a`
  - Initial allowance = 15,000
  - Current allowance = 14,300

- Spender `0x7BDee323f5227F214EDFC3aE4BD4eBC032B59c82`
  - Initial allowance = 200,000
  - Current allowance = 0

- Spender `0x0D8b5f1CD567656b6Ad4c88e8F082F1f694e5Bb5`
  - Initial allowance = 3,000,000
  - Current Allowance = 2,855,441

- Spender `0x2f90Bb1CAF4079192481B1A7F3088220d291456D`
  - Initial allowance = 665,387
  - Current allowance = 271268.3118

- Initially Allocated = 15,000+200,000+3,000,000+665,387 = 3,880,387
- Currently Allocated = 14,300 + 0 + 2,855,441 + 271,268.3118 = 3,141,009.3118
- Already Spent = 739.377,6882
- Unallocated funds as of now: ~9,788,309 - 3,141,009 = ~6,647,300

How to check in the future:

- Fetch and decode these event logs from on-chain for initially approved allowance and spender addresses (easiest way is to use cLabs blockscout data in BigQuery): [celo-monorepo/GoldToken.sol at master · celo-org/celo-monorepo · GitHub](https://github.com/celo-org/celo-monorepo/blob/master/packages/protocol/contracts/common/GoldToken.sol#L100)
- Check current allowance with governance contract proxy `0xD533Ca259b330c7A88f74E000a3FaEa2d63B7972` and respective spender address with the `allowance` function: [GoldTokenProxy (0x471EcE3750Da237f93B8E339c536989b8978a438) - Celo Explorer](https://explorer.celo.org/address/0x471EcE3750Da237f93B8E339c536989b8978a438/read-proxy)

Would love for someone to create a more accessible and open dashboard around community funds analytics.

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### Author: ![Pinotio.com](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/pinotio.com/32/264_2.png) [@Pinotio.com](https://forum.celo.org/u/Pinotio.com)
#### Post date: [March 28, 2022, 9:07pm UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/4 "2022-03-28T21:07:29Z")

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Thanks @Tobi ,

1. Do we know what initiative each of these “spenders” are?

2. What does “Initial allowance” and “Current allowance” mean?

3. Can you clarify the “Already Spent” amount (confusing owing to decimals) and also indicate how that is calculated?

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### Author: ![Tobi](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/tobi/32/367_2.png) [@Tobi](https://forum.celo.org/u/Tobi)
#### Post date: [March 29, 2022, 10:46am UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/5 "2022-03-29T10:46:21Z")

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Hey @Pinotio.com,

1. Yeah, in the first post here by @Yaz you can map the addresses to their respective CGP.

2. Initial Allowance is what the MultiSig has been approved to spend with their respective CGP. Current allowance is what’s left of that after they begin spending.  
`current_allowance = initial_allowance - funds_already_spent`.  
When calculating how much CELO is currently unallocated in the on-chain community fund, current allowance needs to be used.

3. I always get confused between the European way 1.000,000 and the American 1,000.000 😅. Should be 739,377.6882 CELO and this is the outflow of the on-chain community fund, in other words what the MultiSigs have already spent.

Tobi

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### Author: ![Wade](https://avatars.discourse-cdn.com/v4/letter/w/9de053/32.png) [@Wade](https://forum.celo.org/u/Wade)
#### Post date: [February 22, 2023, 4:47am UTC](https://forum.celo.org/t/celo-community-fund-and-proposal-allocations/2546/6 "2023-02-22T04:47:39Z")

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Hi all,

It has been a while since this post and there have been another couple of initiatives created utilizing the community fund. It was becoming unwieldy to manage the amounts, spent amounts etc.

To allow anyone to access easy, up-to-date information, a dashboard has been created at [celocommunityfund.xyz](https://www.celocommunityfund.xyz/). The majority of it is automated although it will require some manual intervention at times due to the inability to capture draft proposals and the available funds if the drafts were successful. This is minimal and I am a CGP editor at the moment so I should be able to keep on top of it as they come in(help is always welcome though 😀 ).

It will likely progress and get better over time. Anyone is welcome to suggest improvements by opening a issue or adding drafts via pull requests. There are instructions to add intiatives in each of the data directory files.

[Github](https://github.com/web3sc/celo-community-fund)
