Supporting Contributors: RPGF #1 for mpDAO
The Retroactive Public Goods Funding (RPGF) Round #1 will provide mpDAO contributors with compensation for work already completed, yet not supported by the mpDAO treasury. Through this initiative, contributors will be rewarded for their past efforts, fostering growth and encouraging continued involvement.
In mpDAO Grants 8, @potlock_was granted $13,500 USD to organize RPGF #1, with these funds set to be distributed among contributors who have already made a significant impact on the ecosystem.
Why Organize an RPGF Round?
As Vitalik Buterin has stated:
“It’s easier to agree on what *was* useful than what *will be* useful.”
RPGF embodies this principle by rewarding contributions that have already proven valuable. It’s a way to highlight and support community members who have demonstrated their ability to strengthen the mpDAO ecosystem through meaningful contributions. This approach ensures that funding is allocated to those who have delivered results while empowering new community members to showcase their potential.
Application Process and Timeline
The application process for RPGF #1 will take place during November, with the distribution of rewards happening in early December. This gives contributors time to apply and the community time to engage in the voting and support process.
An mpDAO Core for a Weighted Donation System
In RPGF #1, every donation made in NEAR tokens will allow community members to vote for projects, but votes will be weighted based on individual commitment to mpDAO:
- Human-verified users can vote, with their votes weighted at 10%.
- mpDAO governance participants with at least 10,000 votes get a 25% to their vote weight.
- mpDAO Governance participants with 25,000 votes receive an additional 25%.
- Users with 2 stNEAR staked in Meta Pool get a 10% increase in vote weight.
- Users with 10 stNEAR staked in Meta Pool gain a 30% increase in vote weight.
This means users can achieve a 100% vote weight by meeting all criteria. Even voters with a 0% weight can still express support for projects they believe in, helping shape the future of mpDAO.
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To join the discussion or provide feedback on voting mechanisms, visit the governance forum:
https://gov.near.org/t/mpdao-retroactive-round-voting-mechanisms-feedback/40070
How Will Projects Be Selected for RPGF #1?
A decision matrix has been created to guide project selection for RPGF #1. It considers factors such as votes, support for mpDAO, and staked amounts in Meta Pool.
The current version of the matrix is available here:
https://docs.google.com/spreadsheets/d/10I9BcIN9F0MIJ-vDV5ifYdGW5Jd5eca1oqMpljgE_Bo/edit?gid=0#gid=0.
Please note that this matrix is subject to change as the community refines the selection process before final acceptance of projects.
A Call to Communities: Help Grow mpDAO and Participate in RPGF #1!
As we prepare for RPGF #1, we invite all regional and global communities to actively engage in supporting mpDAO. Organizing activities such as meetups, workshops, or online campaigns that promote mpDAO governance and ecosystem engagement will increase your chances to participate in the upcoming RPGF round. Look at the decision matrix.
By contributing to the growth of mpDAO through meaningful initiatives, your community will become eligible to propose projects and receive retroactive funding. This is your chance to shape the future of mpDAO, so start planning activities, get involved, and demonstrate how your community can make a real impact.
