We recently launched the @Gitcoin Staked ETH Index to create a sustainable source of funding for public goods via $ETH staking rewards
Let's take a brief look at the potential $gtcETH could unlock as it scales
If a user holds 1 $gtcETH for 1 year earning a 5% APR during that time, their token would ≈ 1.03 ETH and they will have given .0175 ETH to Gitcoin
At an ETH price of $1700, that contribution would be worth $29.75 The average historical contribution to Gitcoin Grants is $14.26
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