CeloPG Season 1 Funding Request

As mentioned in the Governance call - we’re increasingly optimizing for programs that leverage publicly accessible data, AI and CELO as sensemaking tools rather then individuals judging.

The Support Streams program especially is 100% controlled by stCELO voters - which provides equal participation access to any Celo stakeholder.

In the first cycle, the number of stCELO and projects was low - which resulted in few voters deciding on most of the rewards which influenced the outcome of the first round and is most of the rewards allocated to Prosperity Pass.

Since, voting and rewards has stabilized, where week of week the dispersion between projects is decreasing. We expect that as the number of projects joining the program (currently at 27) increases the rewards distribution will become more distributed.

Finally, 100% of the Support Stream rewards will be distributed to Celo Season 0 contributors, as a matter of fact - $0 USD has been spent on the development of Prosperity Pass till date from CeloPG as it truly aim to be a public good for the Celo ecosystem.

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