Celo Public Goods Funding H1 2024 | Updates and Info

CPG Update
Voter participation in the CeloPG Snapshot is low because Celo Validators and stakeholders with CELO custody solutions haven’t been able to cast their votes due to technical limitations. The CPG Stewards are working on solutions with the Snapshot team to ensure all Celo stakeholders can vote on Celo Public Goods; however, this could take some time.

To ensure all Celo voters have a voice and to avoid further delays for the Celo Public Goods program, we will use the existing Celo Governance contracts to tally Celo voters’ support for the current Celo Public Goods proposals.

Besides the voting solution used for the initial CeloPG proposals, all program details will remain the same. As such, the Celo Public Goods proposals will not include a payload, as passed proposals will receive funding through the Celo Public Goods Safe.

To stick as close as possible to the outline of CGP115 - we will use the Quorum (2.5M CELO) and Approval threshold (50%) for Celo Public Goods Proposals as specified in the Governance Guidelines. to determine if a proposal has community support or not.

The Celo Camp and Celo EU proposals will be submitted to Celo Governance as soon as possible, with the other proposals ready for submission (FINAL) to be submitted next week.

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