Love hearing that - really glad it’s all making sense!
Great question! Sponsors receive full credit for contributing the matching pool, but we do not handle or redirect individual donor funds- those go directly to projects.
That said, we do enroll all of the sponsors contributions into a GIVbacks raffle - a rewards program where all contributors to the matching pool (aka sponsors) are entered to win up to 500,000 GIV tokens. It’s our way of giving back to contributors and shining additional light on their support. Check out the full details here: GIVbacks
When I say “Giveth never touches or holds donor funds,” I’m referring to direct donations :
When Donor A donates to Project Y, the transaction is initiated on the Giveth frontend, but the funds are sent directly from the donor to the project’s wallet - they never pass through any Giveth-controlled wallet or intermediary. We’re just connecting donors and projects in this case.
The matching funds (like the Sandbox DAO contribution) are a separate flow. These are pooled into our donation.eth multisig, which is a Gnosis Safe owned and managed by the Giveth core team. After the round ends and all matching calculations are done (using QF + COCM), we execute the matching payouts from that multisig, as seen in this onchain tx you referred to
Totally! That stat comes directly from the Giveth Matching Pool project page, which represents the donation.eth multisig as a donation target on the frontend.
Those 3,500+ contributors include:
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Public donors who donated funds to the Matching Pool instead of (or in addition to) specific projects
[every time you donate to any project you have the option to give % to Matching Pool]
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Co-sponsors who contributed matching pool funds directly through the Giveth frontend
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Not sponsors who sent funds directly to the multisig via manual transfer - those aren’t reflected in this counter, though they’re still tracked onchain (Arkham - you can see here the balances history of all the funds that were received into donation.eth and after distributed to projects in QF rounds.)
For total donation tracking across all projects and rounds, I recommend checking https://stats.giveth.io/
(Screenshot below shows over $4.6M donated to date!)
Let me know if you’d like to explore any of these in more detail!
Yes, exactly. With $53.5K confirmed, we’d begin coordination immediately, since that covers both the ops fee and minimum matching pool. It’d give us everything needed to lock the round timeline, open nominations/applications, and start building comms asap!
@Money & @yuelwolf let me know what you think! happy to answer any questions. It would be sick to make Sandbox focused QF round with a full branding and impact focus on Sandbox eco!
That sounds fantastic - really appreciate the thoughtful engagement throughout this process.
I’m thrilled to hear you’re moving toward approval and totally understand the need to lock in the amount and coordinate with other grant approvers. Whether it ends up being $10K or more, we’ll make sure Sandbox DAO’s contribution is clearly recognized as a co-sponsor: featured on the round landing page, highlighted in comms, and included in the post-round blog, analytics report, and invited X Space (btw, on this one, would you be the person representing SandboxDAO in X Spaces, or I will need to coordinate with the comms team?).
I’m here and ready to adapt to whatever flow works best for you.
Looking forward to your final update today🔥